Summary by Futu AI
Sergey Novikov, Corporate Controller, acting Principal Accounting Officer and Treasurer of Joby Aviation, Inc., filed an initial statement of beneficial ownership (Form 3) with the SEC on December 23, 2024. The filing discloses Novikov's direct ownership of 42,876 shares of common stock.Additionally, Novikov holds various Restricted Stock Units (RSUs) totaling 64,183 units, convertible to an equal number of common shares. These RSUs have different vesting schedules, ranging from quarterly installments over four years to performance-based vesting tied to the company's 2024 Performance Award Program. The RSUs' conversion prices are set at $0.This disclosure, required by Section 16(a) of the Securities Exchange Act, provides transparency into the equity holdings of a key executive at Joby Aviation, a company known for its development of electric vertical takeoff and landing (eVTOL) aircraft.