Papadopoulos Didier 4
4 · Joby Aviation, Inc. · Filed Apr 9, 2026
Research Summary
AI-generated summary of this filing
Joby (JOBY) President Exercises RSUs, Sells 826 Shares
What Happened
- Didier Papadopoulos, President of Aircraft OEM at Joby Aviation, had RSU awards convert into 1,601 shares on April 7, 2026 (no cash paid). He then sold 826 of those shares in an open-market sale on April 8, 2026 at $8.87 each, raising $7,327. The sale was to cover taxes associated with the RSU settlement.
Key Details
- Transaction dates/prices:
- 2026-04-07: Exercise/conversion of derivative (RSU settlement) — 1,601 shares @ $0.00 (acquired)
- 2026-04-07: Derivative disposition entry for 1,601 shares @ $0.00 (reflects RSU settlement)
- 2026-04-08: Open-market sale — 826 shares @ $8.87 each = $7,327 (disposed)
- Shares owned after transaction: Not specified in the Form 4 filing.
- Footnotes:
- F1: The 826-share sale represents shares sold to cover taxes due upon RSU release/settlement.
- F2: Each RSU can convert into up to two shares; vesting (0%–200% of the award) was tied to performance and scheduled in equal installments on March 9, 2026 and April 7, 2026.
- Filing timeliness: Form 4 filed April 9, 2026 reporting transactions from April 7–8, 2026 — appears timely (filed within standard reporting window).
Context
- This was a settlement of restricted stock units (derivative/RSU conversion) followed by a routine sale of a portion of the settled shares to satisfy tax withholding obligations (a common post-vesting action). The conversion shows $0 cost because the shares were issued upon RSU settlement rather than purchased. Sales to cover taxes are standard and are not necessarily an indicator of the insider’s view on the stock.
Insider Transaction Report
Form 4
Papadopoulos Didier
President of Aircraft OEM
Transactions
- Exercise/Conversion
Common Stock
2026-04-07+1,601→ 145,885 total - Sale
Common Stock
[F1]2026-04-08$8.87/sh−826$7,327→ 145,059 total - Exercise/Conversion
Restricted Stock Units (RSUs)
[F2]2026-04-07−1,601→ 0 totalExercise: $0.00→ Common Stock (1,601 underlying)
Footnotes (2)
- [F1]Represents the aggregate number of shares sold by the Reporting Person to cover taxes due upon the release and settlement of the RSUs, as required by the terms of the RSU award.
- [F2]Between 0% and 200% of the award will vest in equal installments on each of on March 9, 2026, and April 7, 2026, based on the achievement of specified goals and subject to the Reporting Person's continued service through the applicable vesting date. Each RSU represents the contingent right to receive up to two shares of Common Stock upon vesting.
Signature
/s/ Sarah Slayen, Attorney-in-Fact for Didier Papadopoulos|2026-04-09