Allison Eric 4
4 · Joby Aviation, Inc. · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
Joby (JOBY) CPO Eric Allison Exercises RSUs and Sells 9,350 Shares
What Happened
- Eric Allison, Chief Product Officer of Joby Aviation (JOBY), had restricted stock units (RSUs) vest and converted/settled a total of 18,100 RSUs into shares on April 1, 2026. The filing shows those conversions as "exercise or conversion of derivative" at $0.00 per share (RSUs convert to common stock upon vesting).
- Following the vesting, Allison sold 9,350 shares in an open-market sale on April 2, 2026, for aggregate proceeds of $76,203 (weighted-average price $8.15; trade prices ranged $8.15–$8.44). The filing also shows related zero-dollar dispositions tied to the RSU settlement and withholding.
Key Details
- Transaction dates: RSU conversion recorded 2026-04-01; open-market sale on 2026-04-02.
- Shares converted/vested: 4,750 + 8,305 + 5,045 = 18,100 shares (RSUs converted to common stock).
- Shares sold: 9,350 shares for $76,203 (weighted avg $8.15; price range $8.15–$8.44).
- Footnotes: F1 indicates the sale was to cover taxes due on RSU settlement; F2 notes the sale executed in multiple trades at prices listed above; F3–F5 describe the original RSU award vesting schedules. The zero-dollar dispositions reflect RSU settlement/withholding mechanics.
- Shares owned after the transactions are not specified in the provided Form 4 excerpt.
- Filing timeliness: Reported on 2026-04-03 for transactions occurring 2026-04-01/04-02 — within the normal Form 4 reporting window (not marked late).
Context
- These were RSU settlements (not option exercises with cash strike). The conversion is essentially receiving shares as they vest; selling a portion to cover tax withholding is common and routine, not necessarily an investment sentiment signal.
- For retail investors, note that the meaningful action here was a routine tax-cover sale of about half the vested shares (9,350 of 18,100), generating ~$76k in proceeds.
Insider Transaction Report
Form 4
Allison Eric
Chief Product Officer
Transactions
- Exercise/Conversion
Common Stock
2026-04-01+4,750→ 720,226 total - Exercise/Conversion
Common Stock
2026-04-01+8,305→ 728,531 total - Exercise/Conversion
Common Stock
2026-04-01+5,045→ 733,576 total - Sale
Common Stock
[F1][F2]2026-04-02$8.15/sh−9,350$76,203→ 724,226 total - Exercise/Conversion
Restricted Stock Units (RSUs)
[F3]2026-04-01−4,750→ 23,746 totalExercise: $0.00→ Common Stock (4,750 underlying) - Exercise/Conversion
Restricted Stock Units (RSUs)
[F4]2026-04-01−8,305→ 58,140 totalExercise: $0.00→ Common Stock (8,305 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 Eric Allison|2026-04-03