Bowles Gregory 4

What Happened

• Gregory Bowles, Chief Policy Officer of Joby Aviation (JOBY), received an award of 17,786 restricted stock units (RSUs) on March 6, 2026. The grant is reported at $0.00 (derivative award), not a cash purchase or sale.
• The RSUs are contingent and performance-based: between 0% and 200% of the award may vest on March 22, 2027 based on company performance objectives and continued service. Each RSU represents the right to receive up to two shares of common stock upon vesting, so the award could convert into as many as 35,572 shares if maximum performance is achieved.

Key Details

• Transaction date: 2026-03-06; Form 4 filed 2026-03-10 (grant reported as $0.00).
• Award: 17,786 RSUs (derivative grant). Potential shares on vesting: up to 35,572 (17,786 × up to 2).
• Vesting: Between 0%–200% vests on March 22, 2027, contingent on performance and continued service (per footnote).
• Shares owned after transaction: Not disclosed in the filing.
• No 10b5-1 plan, tax-withholding, or late-filing flag noted in the provided report.

Context

• RSU grants are common executive compensation and do not represent an immediate buy or sell of stock. Vesting is performance- and service-dependent, so the actual number of shares issued could be zero, the original award amount, or up to double the award. These grants are informative about compensation but should not be taken alone as a direct signal of insider sentiment.