Evans Aicha 4
Research Summary
AI-generated summary
Joby (JOBY) Director Evans Aicha Receives Awards
What Happened
- Evans Aicha, a non-employee director of Joby Aviation (JOBY), converted 19,157 derivative units into common shares and simultaneously elected to defer those shares, and was also granted 18,850 restricted stock units (RSUs) as an annual director award. All transactions show $0 per share (no cash paid or received).
Key Details
- Transaction date: June 2, 2026; Form 4 filed June 3, 2026 (timely).
- Conversions/exercises (code M): 19,157 shares acquired at $0.00 and immediately recorded as disposed at $0.00 (disposition reflects election to defer receipt per footnote F1).
- Grant/award (code A): 18,850 RSUs awarded at $0.00 (footnote F2 describes the 2025 Annual Award; F3 describes the 2026 Annual Award terms).
- Vesting: The 2025 Annual Award (18,850 RSUs) vests on the earlier of the next annual meeting or June 6, 2026 (subject to continued service). The 2026 Annual Award referenced in the filing vests by the earlier of the next annual meeting or June 2, 2027 (subject to continued service).
- Shares owned after the transactions: not specified in the filing.
Context
- These are director compensation actions (awards and deferral), not open-market purchases or sales—routine for non-employee directors. The $0 prices indicate awards/deferrals rather than cash transactions.