Allison Eric 4

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.