Form 4: Joby Aviation Director Acquires Fully Vested RSUs

Joby Aviation Director Dipender Saluja acquired 953 fully vested Restricted Stock Units, increasing his direct beneficial ownership.

Summary

• Dipender Saluja, a Director at Joby Aviation, Inc. (JOBY), reported a transaction on January 5, 2026.
• The transaction involved the acquisition of 953 Restricted Stock Units (RSUs).
• Each RSU represents a contingent right to receive one share of common stock of Joby Aviation, Inc.
• The acquired RSUs were fully vested on the grant date.
• Following this transaction, Saluja's direct beneficial ownership stands at 170,781 shares of common stock.
• Saluja also holds indirect beneficial ownership through several entities: 21,514,683 shares via Technology Impact Fund, L.P.; 5,399,372 shares via Capricorn-Libra Investment Group, L.P.; 1,556,592 shares via Technology Impact Growth Fund, LP; 321,926 shares via Capricorn-Libra Partners, LLC; and 22,004 shares via Saluja B. LLC.
• Saluja disclaims beneficial ownership of the indirectly held shares except to the extent of his pecuniary interest therein.

Sentiment

Score: 6

Explanation: The acquisition of fully vested Restricted Stock Units by a director is generally viewed as a mild positive, indicating continued alignment of interests with shareholders and a degree of confidence in the company, although it is a grant rather than an open market purchase.

Positives

• A director acquiring additional equity, even through RSU grants, can signal continued confidence in the company's future prospects.
• The RSUs are fully vested on the grant date, meaning the shares are immediately owned without a future vesting schedule.

Future Outlook

This Form 4 filing reports an insider transaction and does not contain forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This filing is a standard insider transaction report and does not provide specific details related to broader industry trends or competitive landscape for Joby Aviation, which operates in the electric vertical takeoff and landing (eVTOL) aircraft sector.

Stakeholder Impact

• Shareholders may view the director's increased equity stake as a positive signal of management's commitment and belief in the company's long-term value.

Key Dates

Keywords

Joby Aviation, JOBY, Dipender Saluja, Form 4, Restricted Stock Units, RSU, insider transaction, beneficial ownership, director