Form 4: Reid Hoffman Reports Changes in Beneficial Ownership of Joby Aviation Stock
SEC Form 4 Filing
Reid Hoffman, a director of Joby Aviation, reports the acquisition and disposal of shares and restricted stock units.
Summary
- Reid Hoffman, a director of Joby Aviation, filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
- On June 14, 2024, Hoffman acquired 22,556 shares of common stock and disposed of 22,556 shares related to restricted stock units (RSUs).
- Following these transactions, Hoffman directly owns 102,603 shares of common stock.
- He also indirectly owns 17,130,000 shares through Reinvent Sponsor LLC and 2,000,000 shares through Reprogrammed Interchange LLC.
- The 22,556 RSUs were part of an annual award to non-employee directors, vesting on the earlier of the next annual meeting or June 22, 2024, contingent on continued service.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company director, which is common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 06/14/2024 | Date of transaction involving common stock and restricted stock units. |
| 06/22/2024 | Potential vesting date for restricted stock units, contingent on continued service and the timing of the next annual meeting. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.