Allison Eric 4

What Happened
Allison Eric, Joby Aviation's Chief Product Officer, was granted two restricted stock unit (RSU) awards on March 18, 2026 totaling 302,724 RSUs (100,908 RSUs and 201,816 RSUs). Both grants are recorded at $0.00 per unit (derivative awards); each RSU represents the contingent right to receive one share of Joby common stock upon vesting.

Key Details

• Transaction date: 2026-03-18; Form 4 filed 2026-03-20 (appears timely; Form 4s are due within two business days).
• Grant details: 100,908 RSUs (Footnote F1) and 201,816 RSUs (Footnote F2); total = 302,724 RSUs; reported price $0.00.
• Shares owned after transaction: Not specified in the provided Form 4.
• Footnotes: F1 = time-based vesting (5% of total on each of the first four quarterly anniversaries of Jan 1, 2026, then 10% quarterly thereafter, subject to continued service). F2 = performance-based vesting in multiple tranches if specified goals are met on or before the third anniversary, subject to continued service. Each RSU converts to one share upon vesting.
• Transaction code: A (award/grant); derivative transaction (not a market purchase or sale).

Context
RSU grants are a common form of executive compensation and do not involve an immediate cash purchase or sale — the units convert to shares only if and when vesting conditions are met. Time-based and performance-based vesting schedules mean the ultimate share delivery and value will depend on continued service and achievement of goals (and Joby’s future stock price). These awards should be viewed as compensation grants rather than open-market insider buying or selling.