DeHoff Kate 4
4 · Joby Aviation, Inc. · Filed Jul 6, 2026
Research Summary
AI-generated summary of this filing
Joby (JOBY) Chief Legal Officer Kate DeHoff Exercises RSUs, Sells Shares
What Happened
Kate DeHoff, Chief Legal Officer and Corporate Secretary of Joby Aviation (JOBY), reported RSU settlements and a subsequent open-market sale. On July 1, 2026 she had three RSU conversions (5,224; 8,306; 5,046) totaling 18,576 shares (reported as exercise/conversion, code M, $0.00). The filing shows matching disposals of those 18,576 shares at $0 — these represent shares withheld to cover taxes. On July 2, 2026 she sold 9,575 shares in the open market at $8.92 per share, generating $85,409.
Key Details
- Transaction dates: RSU conversions and withholdings on 2026-07-01; open-market sale on 2026-07-02; filing dated 2026-07-06.
- Prices/values: open-market sale 9,575 shares @ $8.92 = $85,409. RSU conversions reported at $0 (typical for RSU settlement).
- Shares reported converted (acquired): 18,576 shares (5,224 + 8,306 + 5,046).
- Shares withheld/disposed for taxes: 18,576 shares (reported with $0 proceeds per footnote F1).
- Shares sold open market: 9,575 shares for $85,409.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: F1 = shares sold/withheld to cover taxes on RSU vesting; F2–F4 describe the RSU grant vesting schedules.
- Filing timeliness: filed July 6 reporting July 1–2 transactions (timeliness not otherwise indicated in provided data).
Context
- Code M here reflects the conversion/settlement of RSUs (not an option purchase). The $0 acquisition price is normal for RSU settlements—value is taxed when they vest.
- The matching $0 "disposed" entries represent tax withholding (company retaining/selling shares to cover taxes), per footnote F1 — effectively a cashless/net settlement for taxes.
- The separate open-market sale of 9,575 shares generated proceeds of $85,409; routine sales to cover taxes or diversify holdings are common and do not by themselves indicate insider confidence or lack thereof.
Insider Transaction Report
Form 4
DeHoff Kate
See Remarks
Transactions
- Exercise/Conversion
Common Stock
2026-07-01+5,224→ 182,958 total - Exercise/Conversion
Common Stock
2026-07-01+8,306→ 191,264 total - Exercise/Conversion
Common Stock
2026-07-01+5,046→ 196,310 total - Sale
Common Stock
[F1]2026-07-02$8.92/sh−9,575$85,409→ 186,735 total - Exercise/Conversion
Restricted Stock Units (RSUs)
[F2]2026-07-01−5,224→ 20,897 totalExercise: $0.00→ Common Stock (5,224 underlying) - Exercise/Conversion
Restricted Stock Units (RSUs)
[F3]2026-07-01−8,306→ 49,834 totalExercise: $0.00→ Common Stock (8,306 underlying) - Exercise/Conversion
Restricted Stock Units (RSUs)
[F4]2026-07-01−5,046→ 90,817 totalExercise: $0.00→ Common Stock (5,046 underlying)
Footnotes (4)
- [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]Represents an award of restricted stock units ("RSUs") that vests in equal installments over four years, on the quarterly anniversary of July 1, 2023, subject to the Reporting Person's continued service through the applicable vesting date. Each RSU represents the contingent right to receive one share of Common Stock upon vesting.
- [F3]Represents an award of restricted stock units ("RSUs") that vest in 16 equal installments on the quarterly anniversary of January 1, 2024, subject to the Reporting Person's continued service through the applicable vesting date. Each RSU represents the contingent right to receive one share of Common Stock upon vesting.
- [F4]Represents an award of restricted stock units ("RSUs") that vests with respect to 5% of the total number of RSUs on each of the first four quarterly anniversaries of January 1, 2026 and as to 10% of the total number of RSUs on each quarterly anniversary thereafter, subject to the Reporting Person's continued service through the applicable vesting date. Each RSU represents the contingent right to receive one share of Common Stock upon vesting.
Signature
/s/ Sarah Slayen, Attorney-in-Fact for Kate Dehoff|2026-07-06