Allison Eric 4

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.