Simi Bonny W 4

4 · Joby Aviation, Inc. · Filed Mar 20, 2026

AI-generated summary of this filing

Updated Mar 20, 2026

Joby (JOBY) President Simi Bonny Exercises Options, Receives RSUs

What Happened

Simi Bonny, President of Operations at Joby Aviation (JOBY), exercised options covering 56,581 shares at a $1.77 strike price (aggregate cash cost $100,148) on 2026-03-18 and simultaneously disposed of the same 56,581 shares (sale proceeds reported at $100,148). On the same date she was also granted two restricted stock unit (RSU) awards totaling 302,724 RSUs (100,908 + 201,816), shown as derivative awards with $0 purchase price because RSUs convert to common shares only upon vesting.

Key Details

Transaction date: 2026-03-18; Form 4 filed 2026-03-20 (timely).
Option exercise: 56,581 shares exercised at $1.77 each (total $100,148).
Immediate disposition: 56,581 shares disposed at the same reported amount ($100,148).
RSU grants: 100,908 RSUs (see F1) and 201,816 RSUs (see F2); each RSU represents one share on vesting and shows $0 acquisition value until vested.
Shares owned after transaction: Not specified in the information provided.
Footnotes:
- F1: That RSU award vests 5% of the total on each of the first four quarterly anniversaries of Jan 1, 2026, then 10% each subsequent quarter, subject to continued service.
- F2: That RSU award vests in multiple tranches upon achievement of specified goals if achieved within three years, subject to continued service.
- F3: The exercised option is described as immediately exercisable for 74% of underlying shares, with remaining installments becoming exercisable on specified future dates through Jan 1, 2027.

Context

The pair of entries (exercise followed by equal-size disposition) indicates a same-day exercise-and-sell (commonly done to cover strike/taxes or to realize gains); the filing does not state motive. RSU grants are time- and/or performance-vesting awards and do not represent immediately tradable shares until they vest.

Form 4

Period: 2026-03-18

President of Operations

Transactions

Exercise/Conversion
Common Stock
2026-03-18$1.77/sh+56,581$100,148→ 204,045 total
Award
Restricted Stock Units (RSUs)
[F1]
2026-03-18+100,908→ 100,908 total
Exercise: $0.00→ Common Stock (100,908 underlying)
Award
Restricted Stock Units (RSUs)
[F2]
2026-03-18+201,816→ 201,816 total
Exercise: $0.00→ Common Stock (201,816 underlying)
Exercise/Conversion
Stock Options
[F3]
2026-03-18$1.77/sh−56,581$100,148→ 321,555 total
Exercise: $1.77Exp: 2030-12-17→ Common Stock (56,581 underlying)

Footnotes (3)

[F1]Represents an award of restricted stock units ("RSUs") that vests with respect to 5% of the total number of RSUs on each of the first four quarterly anniversaries of January 1, 2026 and as to 10% of the total number of RSUs on each quarterly anniversary thereafter, 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.
[F2]Represents an award of restricted stock units ("RSUs") that vests in multiple tranches upon the achievement of specified goals, provided that such goals are achieved on or prior to the third anniversary of the grant date, 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]Represents a stock option that is immediately exercisable with respect to 74% of the underlying shares and 3.74% of the underlying shares become exercisable thereafter on each of December 15, 2021 and March 15 of each of the following years with the last installment becoming exercisable on January 1, 2027.

Signature

/s/ Sarah Slayen, Attorney-in-Fact for Bonny Simi|2026-03-20

1 file