DeHoff Kate 4

What Happened
Kate DeHoff, Joby Aviation’s Chief Legal Officer and Corporate Secretary, had 16,064 restricted stock units (RSUs) convert to common shares on April 12, 2026. Those vested shares were net‑settled/used to satisfy tax withholding. Separately, DeHoff sold 8,310 shares on April 13, 2026 (weighted avg $8.20) and 14,295 shares on April 14, 2026 (weighted avg $8.73), generating proceeds of about $192,937. The 4/13 and 4/14 trades were open‑market sales.

Key Details

• Primary actions: RSU conversion (M) on 2026-04-12; open‑market sales (S) on 2026-04-13 and 2026-04-14.
• RSUs converted: 16,064 shares (reported at $0.00 as exercised/converted). A simultaneous disposition of 16,064 shares (reported at $0.00) reflects net settlement/withholding.
• Market sales: 8,310 shares on 4/13 at a weighted avg price of $8.20 (proceeds $68,142; price range $8.20–$8.30) and 14,295 shares on 4/14 at a weighted avg price of $8.73 (proceeds $124,795; range $8.62–$8.82). Total proceeds ≈ $192,937.
• At least one sale was executed under an approved 10b5‑1 trading plan adopted May 13, 2025.
• Footnotes state the RSU conversion/transfer included shares sold to cover taxes upon vesting; the filer offers to provide trade‑by‑trade details to regulators or shareholders on request.
• Shares owned after the transactions are not specified in this Form 4.
• Filing date: 2026-04-14 (covers transactions 4/12–4/14) — the Form 4 was filed within the normal timing window.

Context

• The M code here indicates conversion/exercise of a derivative award (RSUs) into common shares; those shares were largely used for tax withholding (a routine administrative step).
• The S trades are open‑market sales; sales by executives can be routine (tax withholding, diversification, 10b5‑1 plans) and are not by themselves a reliable signal of company outlook.