Form 4: Joby Aviation Director Dipender Saluja Reports Changes in Beneficial Ownership

Director Dipender Saluja reports acquisition and disposal of Joby Aviation common stock and holdings through related investment funds.

Summary

• On October 5, 2024, Dipender Saluja, a director of Joby Aviation, reported changes in beneficial ownership of the company's common stock.
• Saluja acquired 2,495 shares of common stock through Restricted Stock Units (RSUs) that are fully vested on the grant date.
• Saluja also disposed of common stock.
• Following the reported transactions, Saluja directly owns 107,826 shares of Joby Aviation common stock.
• Saluja also has indirect ownership through Technology Impact Fund, L.P. (28,686,247 shares), Capricorn-Libra Investment Group, L.P. (9,598,884 shares), and Technology Impact Growth Fund, LP (2,075,460 shares).
• Saluja disclaims beneficial ownership of shares held by these funds except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing changes in beneficial ownership. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Positives

• The acquisition of shares through RSUs could be seen as a positive sign, indicating confidence in the company's future performance.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and ownership positions in the company.

Key Dates