Form 4: Joby Aviation Corporate Controller Sergey Novikov Reports Stock Transactions

Corporate Controller of Joby Aviation, Sergey Novikov, reports the acquisition and disposal of common stock and restricted stock units.

Summary

• Sergey Novikov, Corporate Controller of Joby Aviation, filed a Form 4 detailing changes in beneficial ownership.
• On February 10, 2025, Novikov acquired 505 shares of common stock through the vesting of Restricted Stock Units (RSUs).
• Also on February 10, 2025, 505 RSUs were converted into common stock.
• On February 11, 2025, Novikov sold 218 shares of common stock at a weighted average price of $7.50 to cover taxes due upon the release and settlement of the RSUs.
• Following these transactions, Novikov directly owns 46,014 shares of Joby Aviation common stock and 1,011 RSUs.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Future Outlook

The RSUs vest in installments on January 14, 2025, February 10, 2025, March 4, 2025 and April 7, 2025, 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.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

• Shareholders may be interested in the trading activity of company insiders as it can provide insights into management's perspective on the company's value and prospects.

Key Dates

Keywords

Form 4, Joby Aviation, Sergey Novikov, RSU, Stock Sale, Beneficial Ownership, Common Stock