Saluja Dipender 4
4 · Joby Aviation, Inc. · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
Joby (JOBY) Director Dipender Exercises Options and Receives RSUs
What Happened
- Director Dipender (Saluja Dipender) reported exercising/converting derivatives for 19,157 shares and a simultaneous disposition of 19,157 derivative shares (both at $0.00), and was granted 18,850 restricted stock units (RSUs) at $0.00. The reported dollar amounts for these transactions are $0.00. The RSUs are a director award (contingent right to one share per RSU).
Key Details
- Transaction date(s): 2026-06-02; Form filed 2026-06-03 (timely filing).
- Derivative exercise/conversion: 19,157 shares acquired @ $0.00 and 19,157 shares disposed @ $0.00 (transaction code M for exercise/conversion of derivative).
- Grant/award: 18,850 RSUs awarded @ $0.00 (transaction code A).
- Shares owned after transaction: not specified in the filing.
- Footnotes: shares referenced are held of record by investment entities (Technology Impact Fund, Capricorn‑Libra entities, Saluja B. LLC) where Dipender has partner/manager roles; he disclaims beneficial ownership except to the extent of any pecuniary interest. The RSUs are annual non‑employee director awards that vest by the next annual meeting or a specified date (each RSU converts to one share upon vesting) per the footnotes.
- No evidence of a 10b5-1 plan, tax‑withholding sale, or late filing is indicated.
Context
- Transaction code M indicates exercise/conversion of a derivative (e.g., option or similar instrument); the simultaneous acquisition and disposition at $0 suggests a conversion/settlement of derivative rights rather than an open‑market purchase or sale for cash. The 18,850 RSUs are compensation awards for a non‑employee director and will convert to common shares only upon vesting. As always, director awards and exercises can be routine compensation events and do not by themselves indicate the director’s market view.
Insider Transaction Report
Form 4
Saluja Dipender
Director
Transactions
- Exercise/Conversion
Common Stock
2026-06-02+19,157→ 191,435 total - Exercise/Conversion
Restricted Stock Units (RSUs)
[F6]2026-06-02−19,157→ 0 totalExercise: $0.00→ Common Stock (19,157 underlying) - Award
Restricted Stock Units (RSUs)
[F7]2026-06-02+18,850→ 18,850 totalExercise: $0.00→ Common Stock (18,850 underlying)
Holdings
- 21,514,683(indirect: By Technology Impact Fund, L.P.)
Common Stock
[F1] - 5,399,372(indirect: By Capricorn-Libra Investment Group, L.P.)
Common Stock
[F2] - 1,556,592(indirect: By Technology Impact Growth Fund, LP)
Common Stock
[F3] - 321,926(indirect: By LLC)
Common Stock
[F4] - 22,004(indirect: By LLC)
Common Stock
[F5]
Footnotes (7)
- [F1]The shares of common stock are held of record by Technology Impact Fund, L.P., ("TIF"). The Reporting Person is an owner of the general partner of TIF. The Reporting Person disclaims beneficial ownership of the shares held by TIF except to the extent of his pecuniary interest therein, if any.
- [F2]The shares of common stock are held of record by Capricorn-Libra Investment Group, L.P. ("C-L Group"), for which the Reporting Person has voting and dispositive power and therefore may be deemed to be the beneficial owner of such shares. The Reporting Person disclaims beneficial ownership of the shares held by C-L Group except to the extent of his pecuniary interest therein, if any.
- [F3]The shares of common stock are held of record by Technology Impact Growth Fund, LP, ("TIGF"). The Reporting Person is an owner of the general partner of TIGF. The Reporting Person disclaims beneficial ownership of the shares held by TIGF except to the extent of his pecuniary interest therein, if any.
- [F4]The shares of common stock are held of record by Capricorn-Libra Partners, LLC ("C-L Partners"). The Reporting Person is the sole manager of C-L Partners. The Reporting Person disclaims beneficial ownership of the shares held by C-L Partners except to the extent of his pecuniary interest therein, if any.
- [F5]The shares of common stock are held of record by Saluja B. LLC, of which the Reporting Person is the manager. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any.
- [F6]Represents an annual award of restricted stock units ("RSUs") to the Issuer's non-employee directors (the "2025 Annual Award"). The 2025 Annual Award shall fully vest on the earlier of (a) the date of the next annual meeting of the Issuer's stockholders and (b) June 6, 2026, in each case, subject to Reporting Person's continued status as a Service Provider (as defined in the Issuer's 2021 Incentive Award Plan) through the applicable vesting date. Each RSU represents a contingent right to receive one share of Common Stock upon vesting.
- [F7]Represents an annual award of restricted stock units ("RSUs") to the Issuer's non-employee directors (the "2026 Annual Award"). The 2026 Annual Award shall fully vest on the earlier of (a) the date of the next annual meeting of the Issuer's stockholders and (b) June 2, 2027, in each case, subject to Reporting Person's continued status as a Service Provider (as defined in the Issuer's 2021 Incentive Award Plan) through the applicable vesting date. Each RSU represents a contingent right to receive one share of Common Stock upon vesting.
Signature
/s/ Kate DeHoff, Attorney-in-Fact for Dipender Saluja|2026-06-03