Form 4: Joby Aviation Executive Kate DeHoff Reports Stock Transactions
SEC Form 4 Filing
Kate DeHoff, General Counsel and Corporate Secretary of Joby Aviation, reports the acquisition of shares through RSU vesting and subsequent sale of shares to cover tax obligations.
Summary
- On March 11, 2024, Kate DeHoff acquired 6,793 shares of Joby Aviation common stock through the vesting of Restricted Stock Units (RSUs).
- These RSUs vested in installments on January 16, 2024, February 12, 2024, March 11, 2024, and April 16, 2024.
- Following the vesting, Ms. DeHoff sold 2,489 shares on March 13, 2024, at a price of $5.42 per share.
- The sale was conducted to cover taxes due upon the release and settlement of the RSUs.
- After these transactions, Ms. DeHoff beneficially owns 176,083 shares of Joby Aviation common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common for publicly traded companies. It provides transparency into the trading activities of key personnel.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the small volume of shares sold.
Key Dates
| Date | Description |
|---|---|
| 01/16/2024 | RSU vesting date |
| 02/12/2024 | RSU vesting date |
| 03/11/2024 | RSU vesting date and acquisition of 6,793 shares |
| 03/13/2024 | Sale of 2,489 shares at $5.42 |
| 04/16/2024 | RSU vesting date |
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