Joby Aviation, Inc.·4

Mar 11, 6:16 PM ET

Allison Eric 4

Research Summary

AI-generated summary

Updated

Joby (JOBY) CPO Allison Eric Sells 2,351 Shares

What Happened
Allison Eric, Chief Product Officer at Joby Aviation (JOBY), had RSUs convert into common shares on March 9, 2026 (derivative "M" transactions totaling 4,559 shares: 2,958 + 1,601 at $0). Following the conversion/settlement, 2,351 shares were sold in an open-market transaction on March 10, 2026 at $10.25 per share, generating $24,098 in proceeds. The filing also shows corresponding derivative conversion/disposition entries tied to the RSU settlement.

Key Details

  • Transaction dates and prices: RSU conversion/exercise (M) on 2026-03-09 for 2,958 and 1,601 shares at $0; open-market sale (S) of 2,351 shares on 2026-03-10 at $10.25 ($24,098 total).
  • Shares acquired via conversion: 4,559 shares (aggregate).
  • Shares sold to cover taxes: 2,351 shares sold in the open market (footnote F1 indicates sales to cover tax withholding on RSU settlement).
  • Shares owned after transaction: Not disclosed in this Form 4.
  • Footnotes: F1 — sale to cover taxes on RSU release; F2 & F3 — describe the RSU awards and vesting/performance schedules (some awards vest based on performance goals and service through vesting dates, with varying multipliers per award).
  • Filing timeliness: Report filed 2026-03-11 for a 2026-03-09 report period (filed within the typical two-business-day Form 4 deadline).

Context
These transactions reflect RSU settlement and routine tax-covering sales rather than a cash purchase or an independent decision to sell company stock for investment reasons. The derivative "M" codes indicate conversion/exercise of equity awards (RSUs) into common shares; some of those shares were subsequently sold to satisfy tax withholding requirements.