Form 4: Joby Aviation CFO Matthew Field Reports Stock Transactions
SEC Form 4
Matthew Field, CFO of Joby Aviation, reports the vesting and sale of common stock and restricted stock units.
Summary
- On July 1, 2024, Matthew Field, CFO of Joby Aviation, exercised restricted stock units (RSUs) and acquired 13,281, 6,174, and 12,458 shares of common stock.
- These RSUs converted into common stock at a price of $0 per share.
- On July 2, 2024, Field sold 12,513 shares of common stock at $4.96 per share.
- Following these transactions, Field directly owns 288,596 shares of Joby Aviation common stock.
- The sales were to cover taxes due upon the release and settlement of the RSUs, as required by the terms of the RSU award.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation. It doesn't indicate a significant positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be informative for investors.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they involve the sale of shares by a company executive.
Key Dates
| Date | Description |
|---|---|
| 01/01/2022 | First vesting date for some of the restricted stock units (RSUs). |
| 07/01/2023 | First vesting date for some of the restricted stock units (RSUs). |
| 01/01/2024 | First vesting date for some of the restricted stock units (RSUs). |
| 07/01/2024 | Date of RSU exercise and stock acquisition. |
| 07/02/2024 | Date of common stock sale. |
| 07/03/2024 | Date of Form 4 filing. |
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