Joby Aviation, Inc.·4

Jul 14, 6:32 PM ET

Allison Eric 4

4 · Joby Aviation, Inc. · Filed Jul 14, 2026

Research Summary

AI-generated summary of this filing

Updated

Joby (JOBY) CPO Eric Allison Sells Shares

What Happened

  • Eric Allison, Joby Aviation's Chief Product Officer, had 53,549 restricted stock units (RSUs) convert to common shares (exercise/conversion at $0.00) on July 12, 2026. Following the vesting/conversion, he sold 27,932 shares in the open market on July 13, 2026 for a weighted-average price of $7.53, generating approximately $210,328 in proceeds. The conversion entry reflects RSU settlement (no exercise cost).

Key Details

  • Transaction dates: RSU conversion/exercise on 2026-07-12; open-market sale on 2026-07-13. Filing date: 2026-07-14 (timely).
  • Sale price: weighted average $7.53 per share (trades ranged $7.50–$7.53).
  • Shares sold: 27,932 (total proceeds ≈ $210,328).
  • RSUs converted: 53,549 shares at $0.00 (reflects RSU vesting/settlement).
  • Footnotes: F1 notes that the shares sold were to cover taxes due upon RSU settlement; F3 describes the RSU vesting schedule; F2 documents the multiple trade prices and weighted average.
  • Shares owned after the transaction: not specified in the filing.

Context

  • This was not a cash purchase (often seen as a bullish signal); it was an RSU settlement followed by a partial sale to cover tax withholding — a common, routine insider transaction. The derivative code (M) indicates exercise/conversion of a derivative (here, RSUs converting into shares).

Insider Transaction Report

Form 4
Period: 2026-07-12
Allison Eric
Chief Product Officer
Transactions
  • Exercise/Conversion

    Common Stock

    2026-07-12+53,549738,328 total
  • Sale

    Common Stock

    [F1][F2]
    2026-07-13$7.53/sh27,932$210,328710,396 total
  • Exercise/Conversion

    Restricted Stock Units (RSUs)

    [F3]
    2026-07-1253,549107,098 total
    Exercise: $0.00Common 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 $7.50 to $7.53. 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/ Mustafa Rizvi, Attorney-in-Fact for Allison Eric|2026-07-14

Documents

1 file
  • 4
    wk-form4_1784068376.xmlPrimary

    FORM 4