Thompson Michael N. Jr. 4
4 · Joby Aviation, Inc. · Filed Apr 7, 2026
Research Summary
AI-generated summary of this filing
Joby (JOBY) Director Michael N. Thompson Jr. Receives 1,497 RSUs
What Happened
Michael N. Thompson Jr., a director of Joby Aviation, was awarded 1,497 Restricted Stock Units (RSUs) on April 5, 2026. The Form 4 reports an acquisition price of $0.00 per share (typical for RSU grants). These RSUs are fully vested on the grant date, and the reporting person elected to defer receipt of the underlying shares under the company’s Non-Employee Director Compensation Program.
Key Details
- Transaction date: 2026-04-05; Form 4 filed: 2026-04-07 (timely filing).
- Grant: 1,497 RSUs; reported acquisition price $0.00.
- Shares owned after the transaction: not disclosed in the supplied filing.
- Footnotes of note:
- F1: Each RSU represents a contingent right to one share.
- F2: RSUs are fully vested on grant date.
- F3: Reporting person elected to defer receipt under the Non-Employee Director Compensation Program.
- F4: Some securities are held by Reinvent Sponsor LLC, of which the reporting person has shared control/pecuniary interest but disclaims beneficial ownership except to the extent of pecuniary interest.
- F5: Some shares reflected in a custodial account for the reporting person’s child; the reporting person disclaims beneficial ownership of those shares.
Context
This was an award/grant (compensation) rather than an open-market purchase or sale, so it does not directly signal buying or selling activity by the insider. Deferred, vested RSUs are a common form of director compensation; the reporting person did not immediately receive shares in hand but elected deferral per the director plan.
Insider Transaction Report
- Award
Common Stock
[F1][F2][F3]2026-04-05+1,497→ 1,556,468 total
- 17,130,000(indirect: By LLC)
Common Stock
[F4] - 550(indirect: By Children)
Common Stock
[F5] - 550(indirect: By Children)
Common Stock
[F5]
Footnotes (5)
- [F1]Represents Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of common stock of the Issuer.
- [F2]The RSUs are fully vested on the grant date.
- [F3]The Reporting Person elected to defer receipt of the shares in accordance with the Issuer's Non-Employee Director Compensation Program.
- [F4]The securities are directly held by Reinvent Sponsor LLC ("Sponsor"). The Reporting Person may be deemed a beneficial owner of securities held by Sponsor by virtue of his shared control over and indirect pecuniary interest in Sponsor. The Reporting Person disclaims beneficial ownership of the securities held by Sponsor, except to the extent of his pecuniary interest therein.
- [F5]Reflects shares in a custodial account for the child of the Reporting Person established pursuant to the Uniform Transfer to Minors Act, for which the Reporting Person serves as a custodian. The Reporting Person disclaims beneficial ownership of these shares.