Bowles Gregory 4

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.