Allison Eric 4
4 · Joby Aviation, Inc. · Filed Jul 6, 2026
Research Summary
AI-generated summary of this filing
Joby (JOBY) CPO Eric Allison Exercises RSUs, Sells Shares
What Happened
Eric Allison, Chief Product Officer at Joby Aviation (JOBY), reported the settlement of RSUs that converted into 18,101 shares on July 1, 2026 (no cash paid). On July 2, 2026 he sold 9,330 of those shares in an open-market transaction at $8.92 per share for proceeds of $83,224. The sale was used to cover taxes associated with the RSU settlement.
Key Details
- RSUs/settlement (code M): 4,749 + 8,306 + 5,046 = 18,101 shares converted on 2026-07-01 at $0.00 (no cash exercise price).
- Open-market sale (code S): 9,330 shares sold on 2026-07-02 at $8.92, proceeds $83,224.
- Net position change from these transactions: +8,771 shares retained (18,101 acquired − 9,330 sold).
- Footnote F1: The 9,330-share sale represents shares sold to cover taxes on the RSU settlement.
- Footnotes F2–F4: These awards are RSUs with multi-year quarterly vesting schedules (vesting schedules described in filing).
- Filing date: Form 4 filed 2026-07-06 reporting the July 1–2 transactions.
Context
The M-code entries reflect RSU settlements (conversion of restricted stock units into common shares), not option purchases requiring cash. Selling shares to cover tax withholding on vesting is a common, administrative transaction and does not necessarily indicate a broader opinion on the stock. Net, Allison added shares to his holdings (approximately 8,771 shares) after the tax-withholding sale.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-07-01+4,749→ 680,757 total - Exercise/Conversion
Common Stock
2026-07-01+8,306→ 689,063 total - Exercise/Conversion
Common Stock
2026-07-01+5,046→ 694,109 total - Sale
Common Stock
[F1]2026-07-02$8.92/sh−9,330$83,224→ 684,779 total - Exercise/Conversion
Restricted Stock Units (RSUs)
[F2]2026-07-01−4,749→ 18,997 totalExercise: $0.00→ Common Stock (4,749 underlying) - Exercise/Conversion
Restricted Stock Units (RSUs)
[F3]2026-07-01−8,306→ 49,834 totalExercise: $0.00→ Common Stock (8,306 underlying) - Exercise/Conversion
Restricted Stock Units (RSUs)
[F4]2026-07-01−5,046→ 90,817 totalExercise: $0.00→ Common Stock (5,046 underlying)
Footnotes (4)
- [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]Represents an award of restricted stock units ("RSUs") that vests in equal installments over four years, on the quarterly anniversary of July 1, 2023, 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.
- [F3]Represents an award of restricted stock units ("RSUs") that vest in 16 equal installments on the quarterly anniversary of January 1, 2024, 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.
- [F4]Represents an award of restricted stock units ("RSUs") that vests with respect to 5% of the total number of RSUs on each of the first four quarterly anniversaries of January 1, 2026 and as to 10% of the total number of RSUs on each quarterly anniversary 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.