Joby Aviation, Inc.·4

Feb 17, 6:13 PM ET

DeHoff Kate 4

4 · Joby Aviation, Inc. · Filed Feb 17, 2026

Research Summary

AI-generated summary of this filing

Updated

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), had 19,047 restricted stock units (RSUs) convert to common stock on Feb 12, 2026 (recorded as an exercise/conversion of a derivative at $0.00). She then sold 8,539 shares in an open-market sale on Feb 13, 2026 at $9.88 per share, generating proceeds of $84,365. The remaining converted shares stayed with the reporting person.

Key Details

  • Transaction dates and prices:
    • 2026-02-12: Converted/exercised 19,047 RSUs into 19,047 shares (Acquired) at $0.00.
    • 2026-02-12: Corresponding derivative disposition reported for 19,047 shares (transaction type M, $0.00) related to the RSU settlement.
    • 2026-02-13: Open-market sale of 8,539 shares at $9.88 each for $84,365 (Disposed).
  • Shares owned after transaction: Not specified in the Form 4 filing.
  • Footnotes:
    • F1: The 8,539 shares sold were to cover taxes due upon release and settlement of the RSUs (tax withholding).
    • F2: The reported RSUs are performance-based awards (0%–125% payout possible), vesting in three equal annual installments from Feb 12, 2024, subject to performance goals and continued service.
  • Filing timeliness: Form filed Feb 17, 2026 for transactions on Feb 12–13, 2026; no late-filing flag is indicated in the filing.

Context

  • This was a conversion of RSUs into common shares (no cash purchase) followed by a partial sale to satisfy tax-withholding obligations — a routine administrative sale rather than an outright investment sale. Such tax-withholding sales are common when restricted awards vest and do not necessarily signal the insider’s market view.

Insider Transaction Report

Form 4
Period: 2026-02-12
DeHoff Kate
See Remarks
Transactions
  • Exercise/Conversion

    Common Stock

    2026-02-12+19,047168,416 total
  • Sale

    Common Stock

    [F1]
    2026-02-13$9.88/sh8,539$84,365159,877 total
  • Exercise/Conversion

    Restricted Stock Units (RSUs)

    [F2]
    2026-02-1219,04719,048 total
    Exercise: $0.00Common Stock (19,047 underlying)
Footnotes (2)
  • [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"). Between 0% and 125% of the award will vest in three equal annual installments on the anniversary of February 12, 2024, based on the achievement of specified goals under the Joby Aviation, Inc. 2024 Performance Award Program and 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|2026-02-17

Documents

1 file
  • 4
    wk-form4_1771370009.xmlPrimary

    FORM 4