Bowles Gregory 4
4 · Joby Aviation, Inc. · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
Joby (JOBY) Chief Policy Officer Gregory Bowles Sells Shares
What Happened
- Gregory Bowles, Joby Aviation’s Chief Policy Officer, had restricted stock units (RSUs) vest and convert into common shares on April 1, 2026 (reported as exercise/conversion of derivative securities). The filing shows an aggregate of 16,498 shares from RSU settlements. To satisfy tax obligations tied to the vesting, Bowles sold 5,167 shares in the open market on April 2, 2026, for total proceeds of approximately $42,111 (weighted average reported price $8.15). The Form 4 also reports the RSU conversions/dispositions at $0, which reflect the settlement/withholding mechanics of the awards.
Key Details
- Transaction dates: RSU conversion/exercise on 2026-04-01; open-market sale on 2026-04-02.
- Sale details: 5,167 shares sold in multiple trades at prices ranging $8.15–$8.44; weighted average price reported $8.15; proceeds ≈ $42,111. (F2)
- RSU totals: 16,498 shares converted from RSUs on 2026-04-01 (three separate RSU awards reflected). (F3–F5)
- Tax treatment: Filing notes shares were sold/withheld to cover taxes due upon RSU settlement (tax withholding/net settlement mechanics). (F1)
- Shares owned after the transactions: not specified in the information provided.
- Filing timeliness: Report filed 2026-04-03 for transactions on 2026-04-01/04-02 — appears to be timely (not marked late).
Context
- These transactions are the routine settlement of RSUs and related tax withholding (not an open-market buy). Part of the vested shares were sold to cover tax obligations; other entries at $0 reflect settlement/withholding under the RSU awards. Such tax-related sales are common and typically do not by themselves indicate a change in executive sentiment.
Insider Transaction Report
Form 4
Bowles Gregory
Chief Policy Officer
Transactions
- Exercise/Conversion
Common Stock
2026-04-01+5,224→ 177,083 total - Exercise/Conversion
Common Stock
2026-04-01+6,229→ 183,312 total - Exercise/Conversion
Common Stock
2026-04-01+5,045→ 188,357 total - Sale
Common Stock
[F1][F2]2026-04-02$8.15/sh−5,167$42,111→ 183,190 total - Exercise/Conversion
Restricted Stock Units (RSUs)
[F3]2026-04-01−5,224→ 26,121 totalExercise: $0.00→ Common Stock (5,224 underlying) - Exercise/Conversion
Restricted Stock Units (RSUs)
[F4]2026-04-01−6,229→ 43,605 totalExercise: $0.00→ Common Stock (6,229 underlying) - Exercise/Conversion
Restricted Stock Units (RSUs)
[F5]2026-04-01−5,045→ 95,863 totalExercise: $0.00→ Common Stock (5,045 underlying)
Footnotes (5)
- [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]This transaction was executed in multiple trades at prices ranging from $8.15 to $8.44. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F3]Represents an award of restricted stock units ("RSUs") that vests in equal installments over four years, on the quarterly anniversary of July 1, 2023, 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.
- [F4]Represents an award of restricted stock units ("RSUs") that vest in 16 equal installments on the quarterly anniversary of January 1, 2024, 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.
- [F5]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.
Signature
/s/ Sarah Slayen, Attorney-in-Fact for Gregory Bowles|2026-04-03