Simi Bonny W 4

What Happened
Simi Bonny W, President of Operations at Joby Aviation (JOBY), had 21,127 shares result from the conversion/exercise of vested RSUs on July 1, 2026 (5,699 + 10,382 + 5,046). On July 2, 2026 she sold 7,832 of those shares in an open‑market transaction at $8.92 per share for proceeds of $69,861. The filing shows the exercises/conversions at $0.00 per share (typical for RSU settlement) and the sale is reported as to satisfy tax withholding obligations.

Key Details

• Transaction dates: July 1, 2026 (conversion/exercise of RSUs); July 2, 2026 (open‑market sale).
• Conversions/exercises: 5,699 + 10,382 + 5,046 = 21,127 shares reported as acquired at $0.00.
• Sale: 7,832 shares sold at $8.92 for $69,861 (footnote F1 indicates shares sold to cover taxes).
• Footnotes:
  • F1 — shares sold to cover taxes due upon release/settlement of the RSUs.
  • F2–F4 — describe the RSU award schedules and vesting mechanics (quarterly vesting schedules and contingent right to one share per RSU).
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Filing timeliness: no late‑filing flag indicated in the provided data.

Context
The zero purchase price and footnotes indicate these were restricted stock units (RSUs) that vested and converted into common shares, not option purchases requiring cash. The sale of 7,832 shares appears to be a routine sale to satisfy tax withholding on vesting (a common administrative step), not necessarily a standalone investment decision.