Simi Bonny W 4

What Happened Simi Bonny, President of Operations at Joby Aviation (JOBY), was awarded 21,146 restricted stock units (RSUs) in a grant reported on a Form 4. The grant was reported as having an acquisition price of $0.00 (an award/derivative grant), and each RSU represents the contingent right to receive up to two shares of common stock upon vesting — meaning the award could translate to as many as 42,292 shares if the maximum performance multiplier is achieved. Vesting is tied to company performance and the Reporting Person’s continued service, with an applicable vesting date of March 22, 2027.

Key Details

• Transaction date: 2026-03-06; Form 4 filed: 2026-03-10 (filed within the two-business-day SEC window).
• Transaction type/code: A — Award/Grant of RSUs.
• Units granted: 21,146 RSUs; reported acquisition price: $0.00.
• Vesting/conditions: 0%–200% of the award may vest on March 22, 2027, based on company performance and continued service (per footnote F1).
• Conversion: Each RSU may convert into up to two shares upon vesting (contingent).
• Shares owned after transaction: Not specified in the provided filing.
• No 10b5-1 trading plan, tax-withholding sale, or option exercise was reported in this transaction.

Context This is a compensation award (RSUs), not an open-market buy or sale. RSU grants are common for executives and are contingent on future performance/service; they do not represent immediate cash proceeds or a realized gain. The potential future value depends on whether performance goals are met and the company’s share price at vesting.