Simi Bonny W 4
4 · Joby Aviation, Inc. · Filed Apr 9, 2026
Research Summary
AI-generated summary of this filing
Joby (JOBY) President Simi Bonny Sells Shares After RSU Vest
What Happened
Simi Bonny, Joby Aviation’s President of Operations, had restricted stock units (RSUs) convert into common shares and then completed a small open‑market sale. On April 7, 2026 she received/converted 1,443 shares (reported as a derivative exercise/conversion at $0.00). To cover taxes due on the RSU settlement, 1,443 shares were withheld/surrendered. On April 8, 2026 she sold 526 shares in the open market at $8.87 each for total proceeds of $4,666. These transactions are routine tax‑related and vesting‑related activity rather than a conventional purchase.
Key Details
- Transaction dates and prices:
- 2026-04-07: Conversion/exercise of derivative (RSU settlement) — 1,443 shares acquired at $0.00.
- 2026-04-07: 1,443 shares reported disposed (withheld) at $0.00 to cover taxes (footnote F1).
- 2026-04-08: Open‑market sale — 526 shares @ $8.87 = $4,666 total.
- Shares owned after transaction: Not specified in this filing.
- Notable footnotes:
- F1: Shares withheld represent the aggregate number sold/withheld to cover taxes on RSU release.
- F2: The RSU award vests in installments (Mar 9 and Apr 7, 2026) contingent on goals; each RSU can convert to up to two shares.
- Filing timeliness: Reported on 2026-04-09 for transactions on 4/07–4/08 — filed within the normal Form 4 window (timely).
Context
This filing reflects RSU vesting and associated tax withholding (a common administrative event). The exercise/conversion showed $0.00 exercise price because RSUs convert to shares rather than being option purchases. The small open‑market sale appears to be a liquidity/tax‑management action rather than a large directional bet on the stock.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-04-07+1,443→ 218,918 total - Sale
Common Stock
[F1]2026-04-08$8.87/sh−526$4,666→ 218,392 total - Exercise/Conversion
Restricted Stock Units (RSUs)
[F2]2026-04-07−1,443→ 0 totalExercise: $0.00→ Common Stock (1,443 underlying)
Footnotes (2)
- [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]Between 0% and 200% of the award will vest in equal installments on each of on March 9, 2026, and April 7, 2026, based on the achievement of specified goals and subject to the Reporting Person's continued service through the applicable vesting date. Each RSU represents the contingent right to receive up to two shares of Common Stock upon vesting.