Allison Eric 4

What Happened

• Eric Allison, Chief Product Officer at Joby Aviation, had restricted stock units (RSUs) convert into 2,958 shares on 2026-02-09 (reported as an exercise/conversion at $0.00). Some or all of those shares were surrendered/withheld for tax purposes, and on 2026-02-10 he sold 1,526 shares in the open market for a weighted average price of $10.55, generating $16,099 in proceeds (sales executed at prices between $10.55 and $10.66). These transactions appear to be routine tax-withholding and partial open-market sale following RSU settlement, not a straightforward buy signal.

Key Details

• Transaction dates/prices:
  • 2026-02-09: RSU conversion/acquisition of 2,958 shares @ $0.00.
  • 2026-02-09: Disposal of 2,958 shares @ $0.00 (shares withheld/surrendered — tax withholding).
  • 2026-02-10: Open-market sale of 1,526 shares @ weighted avg $10.55 (range $10.55–$10.66) for $16,099.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes of note:
  • F1: Shares were sold/withheld to cover taxes due upon RSU release/settlement.
  • F2: Open-market sale executed in multiple trades; weighted-average price reported; full trade details available on request.
  • F3: RSU award vests in installments (Jan 12, Feb 9, Mar 9) based on performance goals; each RSU converts to one share upon vesting.
• Filing timeliness: Form 4 filed 2026-02-11 for transactions on 2026-02-09 and 2026-02-10 — appears timely.

Context

• RSU conversion means contingent awards became actual shares on vesting; withholding/surrender of shares and small open-market sales to cover taxes are common and do not necessarily indicate bullish or bearish insider sentiment. The filing shows a mix of withheld shares (no cash proceeds) and an open-market sale to satisfy tax obligations.