Form 4: Joby Aviation CFO Matthew Field Reports Stock Transactions
SEC Form 4 Filing
Matthew Field, CFO of Joby Aviation, reports the vesting and sale of shares to cover taxes related to restricted stock units.
Summary
- On October 1st and 2nd, 2024, Matthew Field, the CFO of Joby Aviation, engaged in transactions involving the company's common stock and restricted stock units (RSUs).
- Field vested 13,280 RSUs, 6,174 RSUs and 12,459 RSUs on October 1st, 2024.
- Following these transactions, Field directly owns 287,500 shares of Joby Aviation common stock.
- On October 2nd, 2024, Field sold 13,651 shares at a price of $5.79.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like the CFO, trade their company's stock. These filings provide transparency to investors regarding the transactions of company leadership.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the sale of shares in the open market.
Key Dates
| Date | Description |
|---|---|
| January 1, 2022 | First vesting date for 10% of certain RSUs, with subsequent quarterly vesting. |
| July 1, 2023 | Start date for quarterly vesting of certain RSUs over four years. |
| January 1, 2024 | Start date for quarterly vesting of certain RSUs in 16 equal installments. |
| October 1, 2024 | Date of RSU vesting and common stock acquisition. |
| October 2, 2024 | Date of common stock sale. |
| October 3, 2024 | Date of Form 4 filing. |
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