DeHoff Kate 4
4 · Joby Aviation, Inc. · Filed Jul 14, 2026
Research Summary
AI-generated summary of this filing
Joby (JOBY) Chief Legal Officer Kate DeHoff Sells Shares
What Happened
Kate DeHoff, Chief Legal Officer and Corporate Secretary of Joby Aviation (JOBY), had 16,065 restricted stock units (RSUs) convert to common shares on July 12, 2026. Following the vesting/settlement, she recorded derivative activity related to those RSUs and executed open-market sales: 8,381 shares on July 13 at a weighted average price of $7.53 for $63,109, and 14,240 shares on July 14 at a weighted average price of $7.73 for $110,075. Total reported cash proceeds from the open-market sales are approximately $173,184. Some shares were used to cover tax withholding related to the RSU settlement.
Key Details
- Transaction dates and prices:
- 2026-07-12: RSU settlement/conversion to 16,065 shares (derivative/“M” code; $0.00 reported for conversion/withholding).
- 2026-07-13: Sale of 8,381 shares @ weighted avg $7.53 = $63,109 (executed in multiple trades at $7.51–$7.53).
- 2026-07-14: Sale of 14,240 shares @ weighted avg $7.73 = $110,075 (executed in multiple trades at $7.54–$7.90); sale made pursuant to an approved 10b5-1 trading plan (adopted May 13, 2025).
- Total open-market sale proceeds ≈ $173,184.
- Footnotes of note:
- F1/F5: The shares arose from RSU vesting; some shares were sold/withheld to cover taxes on settlement.
- F3: The July 14 sale was under an approved 10b5-1 plan.
- F2/F4: Reported sale prices are weighted averages across multiple trades.
- Shares owned after the transactions: Not specified in the provided excerpt of the filing.
- Filing timeliness: No late-filing flag provided in the excerpt.
Context
- These transactions reflect RSU vesting and subsequent sales (including tax withholding and planned sales under a pre-established 10b5-1 plan), not an open-market purchase. Sales like these are common when equity awards vest and do not necessarily indicate a change in an insider's view of the company.
- For derivative entries: RSU conversion means the holder received shares upon vesting; withholding or immediate sale of some of those shares to cover taxes is routine.
Insider Transaction Report
Form 4
DeHoff Kate
See Remarks
Transactions
- Exercise/Conversion
Common Stock
2026-07-12+16,065→ 202,800 total - Sale
Common Stock
[F1][F2]2026-07-13$7.53/sh−8,381$63,109→ 194,419 total - Sale
Common Stock
[F3][F4]2026-07-14$7.73/sh−14,240$110,075→ 180,179 total - Exercise/Conversion
Restricted Stock Units (RSUs)
[F5]2026-07-12−16,065→ 32,130 totalExercise: $0.00→ Common Stock (16,065 underlying)
Footnotes (5)
- [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]This transaction was executed in multiple trades at prices ranging from $7.51 to $7.53. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F3]Sale made pursuant to the Reporting Person's approved 10b5-1 trading plan adopted on May 13, 2025.
- [F4]This transaction was executed in multiple trades at prices ranging from $7.54 to $7.90. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F5]Represents an award of restricted stock units ("RSUs") that vests with respect to 16.66% of the RSUs on January 12, 2022 and as to the remaining 83.34% in 20 quarterly installments 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/ Mustafa Rizvi, Attorney-in-Fact for Kate Dehoff|2026-07-14