Allison Eric 4
4 · Joby Aviation, Inc. · Filed Apr 14, 2026
Research Summary
AI-generated summary of this filing
Joby (JOBY) CPO Eric Allison Exercises RSUs and Sells Shares
What Happened
- Eric Allison, Chief Product Officer of Joby Aviation (JOBY), had 53,549 restricted stock units (RSUs convert into shares) vest on April 12, 2026 (exercise/conversion of a derivative, code M). The RSUs converted at $0.00 per share.
- Following vesting, Allison sold 27,698 shares in an open-market transaction on April 13, 2026 at a weighted average price of $8.20, generating proceeds of about $227,124. The filing notes these shares were sold to cover taxes due upon settlement of the RSUs.
Key Details
- Transaction dates: RSU settlement/exercise on 2026-04-12; open-market sale on 2026-04-13.
- Share counts and prices: 53,549 RSUs converted (exercise price $0.00); 27,698 shares sold at a weighted avg $8.20 (range $8.20–$8.30 per trade).
- Proceeds from sale: approximately $227,124.
- Footnotes: F1 indicates the sale was to cover tax withholding on RSU settlement; F2 clarifies multiple trades and price range; F3 describes the original RSU vesting schedule.
- Shares owned after the transactions: not specified in the provided filing excerpt.
- Filing timeliness: Report filed 2026-04-14 for transactions on 4/12–4/13, which is within the typical Form 4 reporting window (timely).
Context
- This was not a cash purchase signal; it was an RSU vesting with a tax-withholding sale (common practice). The conversion of RSUs at $0.00 simply reflects settlement of previously awarded RSUs into shares.
- Sales to cover taxes are routine and do not necessarily indicate the insider's view on the company’s stock price.
Insider Transaction Report
Form 4
Allison Eric
Chief Product Officer
Transactions
- Exercise/Conversion
Common Stock
2026-04-12+53,549→ 778,550 total - Sale
Common Stock
[F1][F2]2026-04-13$8.20/sh−27,698$227,124→ 750,852 total - Exercise/Conversion
Restricted Stock Units (RSUs)
[F3]2026-04-12−53,549→ 160,647 totalExercise: $0.00→ Common Stock (53,549 underlying)
Footnotes (3)
- [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 $8.20 to $8.30. 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 with respect to 16.66% of the RSUs on January 12, 2022 and as to the remaining 83.34% in 20 quarterly installments 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|2026-04-14