Summary by Moomoo AI
On June 14, 2024, Tetsuo Ogawa, associated with Joby Aviation, Inc. [JOBY], completed a transaction to acquire 16,864 shares of the company's common stock at no cost. This transaction was categorized as an exercise or conversion of derivative security, typically indicating the execution of options or other securities that convert into stock. Following this acquisition, Ogawa's direct holdings in Joby Aviation increased to a total of 23,019 shares. The transaction reflects a strengthening of Ogawa's investment in the company and may be of interest to investors monitoring insider activities as an indicator of company performance and executive confidence.