Simi Bonny W 4

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.