Allison Eric 4

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.