Saluja Dipender 4
Research Summary
AI-generated summary
Joby (JOBY) Director Dipender Saluja Receives RSU Award
What Happened
- Dipender Saluja, a director of Joby Aviation, was granted 2,027 Restricted Stock Units (RSUs) on July 5, 2026. The reported acquisition price is $0.00, so the grant had no cash cost to the reporting person and a reported total value of $0. The RSUs are fully vested on the grant date, meaning they convert to shares subject to the issuer’s settlement process.
Key Details
- Transaction date: 2026-07-05; Form 4 filed: 2026-07-06 (appears timely).
- Grant type: Award/Grant (code A); 2,027 RSUs @ $0.00 (total $0).
- RSU mechanics: Each RSU represents a contingent right to one share of Joby common stock (Footnote F1); these RSUs were fully vested on the grant date (F2).
- Shares owned after transaction: Not specified in the provided summary—see the filed Form 4 for total beneficial holdings.
- Notable ownership/record holders and disclaimers: several entities hold shares of record (Technology Impact Fund, TIF; Capricorn-Libra entities; Technology Impact Growth Fund; Saluja B. LLC) and the reporting person disclaims beneficial ownership of those holdings except to the extent of any pecuniary interest (Footnotes F3–F7).
Context
- RSU grants are a form of compensation; because these RSUs were fully vested on grant date and reported at $0 acquisition price, they represent an immediate right to shares rather than a cash purchase. The filing shows this as an award, not a market purchase or sale, and does not by itself indicate a buy/sell market signal.