Joby Aviation CLO Kate DeHoff sells $42,140 in shares
Joby Aviation's Chief Legal Officer and Corporate Secretary, Kate DeHoff, recently sold 8,279 shares of the company's common stock for a total of $42,140. The sale took place on October 13, 2026, following the vesting of her restricted stock units. Ms. DeHoff's decision to sell shares was likely motivated by the need to cover taxes associated with the release and settlement of her RSU award.
The current stock price of $4.61—a 52-week low—indicates a decline in the company's shares, which InvestingPro analysts consider undervalued. Despite the company's rapid cash burn, the stock is currently trading in oversold territory. In the previous day, Ms. DeHoff acquired 16,065 shares for free through the exercise or conversion of restricted stock units, which vest over time contingent upon her continued service. Ms. DeHoff now directly owns a total of 196,964 shares of Joby Aviation common stock.
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Also reported by 1 other outlet
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