DeHoff Kate 4

What Happened
Kate DeHoff, Joby Aviation’s Chief Legal Officer and Corporate Secretary, reported conversion/exercise of a derivative award into 1,292 shares on April 7, 2026 (reported at $0.00). Following that settlement, 667 of those shares were sold in an open-market transaction on April 8, 2026 at $8.87 per share, generating about $5,916 in proceeds. The filings also show a derivative-related disposition of 1,292 shares at $0.00 (reflecting the award settlement mechanics).

Key Details

• Transaction dates: April 7, 2026 (conversion/exercise), April 8, 2026 (open-market sale). Form 4 filed April 9, 2026.
• Sale: 667 shares @ $8.87 = $5,916 (open market).
• Conversion/Exercise: 1,292 shares acquired @ $0.00 (derivative settlement). A corresponding derivative disposition of 1,292 shares is also reported at $0.00.
• Footnote: The 667-share sale was to cover taxes due on the RSU release/settlement (tax-withholding sale).
• Shares owned after these transactions: not specified in the excerpted filing.
• No late-filing note is indicated in the provided filing excerpt.

Context

• The April 7 conversion reflects RSU settlement/derivative conversion (transaction code M). Footnote details state each RSU can convert into up to two shares and vesting (0%–200%) was tied to goals with installments on March 9 and April 7, 2026.
• The 667-share sale was a routine tax-withholding disposition rather than an outright market-timing sell by the insider; such sales are common when equity awards vest.
• This filing is informational for retail investors tracking insider activity; it shows settlement of equity compensation and a small, routine sale to satisfy tax obligations rather than a clear bullish or bearish signal.