Simi Bonny W 4

4 · Joby Aviation, Inc. · Filed Mar 11, 2026

AI-generated summary of this filing

Updated Mar 11, 2026

Joby (JOBY) President Simi Bonny Exercises RSUs and Sells Shares

What Happened

Simi Bonny, Joby’s President of Operations, had restricted stock units (RSUs) convert/settle and related shares withheld for taxes on March 9, 2026, and sold 1,727 shares in the open market on March 10, 2026 for $10.25 each (proceeds $17,702).
Specifically, two conversion/settlement events on 2026-03-09 show 3,303 and 1,445 shares acquired at $0 (derivative exercise/conversion, code M) and the same amounts shown as disposed at $0—these disposals represent shares surrendered/withheld to cover tax withholding. A separate open-market sale of 1,727 shares at $10.25 generated $17,702 in proceeds.
This activity reflects RSU vesting/settlement with net-share/tax withholding and a small open-market sale; sales are often routine (tax withholding or liquidity) and not necessarily a negative signal.

Key Details

Transaction dates/prices:
- 2026-03-09: Conversion/exercise of derivatives (RSU settlement) — 3,303 shares and 1,445 shares acquired at $0; same amounts disposed at $0 to satisfy tax withholding (see F1).
- 2026-03-10: Open-market sale — 1,727 shares @ $10.25, proceeds $17,702.
Shares owned after the transactions: Not provided in the supplied filing details.
Notable footnotes:
- F1: Shares were sold/withheld to cover taxes upon RSU release/settlement.
- F2 / F3: Describe the RSU awards and vesting schedules — some awards vest in installments contingent on performance and service; one award may convert to up to two shares per RSU.
Timeliness: Filing dated 2026-03-11 for transactions on 2026-03-09/10 appears timely (Form 4 is typically due within two business days).

Context

Derivative code M here indicates conversion/exercise of RSU-type awards. The zero-dollar "acquired" and "disposed" lines plus footnote F1 indicate a net-share settlement/tax withholding rather than a cashless exercise with market proceeds retained by the insider.
For retail investors: RSU vesting and tax-withholding-related disposals are common compensation events. The only meaningful cash proceeds reported were the small open-market sale (~$17.7k).

Form 4

Period: 2026-03-09

President of Operations

Transactions

Exercise/Conversion
Common Stock
2026-03-09+3,303→ 147,746 total
Exercise/Conversion
Common Stock
2026-03-09+1,445→ 149,191 total
Sale
Common Stock
[F1]
2026-03-10$10.25/sh−1,727$17,702→ 147,464 total
Exercise/Conversion
Restricted Stock Units (RSUs)
[F2]
2026-03-09−3,303→ 0 total
Exercise: $0.00→ Common Stock (3,303 underlying)
Exercise/Conversion
Restricted Stock Units (RSUs)
[F3]
2026-03-09−1,445→ 1,443 total
Exercise: $0.00→ Common Stock (1,445 underlying)

Footnotes (3)

[F1]Represents the aggregate number of shares sold by the Reporting Person to cover taxes due upon the release and settlement of the RSUs, as required by the terms of the RSU award.
[F2]Represents an award of restricted stock units ("RSUs"). Between 0% and 125% of the award will vest in equal installments on each of on January 12, 2026, February 9, 2026, and March 9, 2026, based on the achievement of specified goals and subject to the Reporting Person's continued service through the applicable vesting date. Each RSU represents the contingent right to receive one share of Common Stock upon vesting.
[F3]Between 0% and 200% of the award will vest in equal installments on each of on March 9, 2026, and April 7, 2026, based on the achievement of specified goals and subject to the Reporting Person's continued service through the applicable vesting date. Each RSU represents the contingent right to receive up to two shares of Common Stock upon vesting.

Signature

/s/ Sarah Slayen, Attorney-in-Fact for Bonny Simi|2026-03-11

1 file