Joby Aviation (NYSE: JOBY) exec sells shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Joby Aviation, Inc. President of Operations Simi Bonny W reported RSU vesting and a related share sale. On July 1, 2026, three restricted stock unit awards converted into a total of 21,127 shares of common stock at a price of $0.00 per share.
On July 2, 2026, the insider sold 7,832 shares of common stock at $8.92 per share. A footnote explains these shares represent the aggregate number sold to cover taxes due upon the RSU release and settlement, as required by the award terms. After these transactions, the insider directly owned 231,687 shares of common stock.
RSU awards continue to vest over multi‑year schedules, with remaining balances of 90,817, 62,292, and 22,797 RSUs, each convertible into one share of common stock upon future vesting, contingent on continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,832 shares ($69,861)
Net Sell
7 txns
Insider
Simi Bonny W
Role
President of Operations
Sold
7,832 shs ($70K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 7,832 | $8.92 | $70K |
| Exercise | Restricted Stock Units (RSUs) | 5,699 | $0.00 | -- |
| Exercise | Restricted Stock Units (RSUs) | 10,382 | $0.00 | -- |
| Exercise | Restricted Stock Units (RSUs) | 5,046 | $0.00 | -- |
| Exercise | Common Stock | 5,699 | $0.00 | -- |
| Exercise | Common Stock | 10,382 | $0.00 | -- |
| Exercise | Common Stock | 5,046 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 231,687 shares (Direct, null);
Restricted Stock Units (RSUs) — 22,797 shares (Direct, null)
Footnotes (1)
- 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. 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. 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. 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.
Key Figures
Shares sold: 7,832 shares
Sale price: $8.92 per share
Shares from RSU conversion: 21,127 shares
+4 more
7 metrics
Shares sold
7,832 shares
Common stock sold on July 2, 2026 to cover RSU taxes
Sale price
$8.92 per share
Price for 7,832 common shares sold July 2, 2026
Shares from RSU conversion
21,127 shares
Common shares received from RSU vesting on July 1, 2026
Post-transaction holdings
231,687 shares
Direct common stock ownership after reported transactions
Remaining RSU award 1
90,817 RSUs
Restricted stock units remaining after July 1, 2026 vesting
Remaining RSU award 2
62,292 RSUs
Restricted stock units remaining after July 1, 2026 vesting
Remaining RSU award 3
22,797 RSUs
Restricted stock units remaining after July 1, 2026 vesting
Key Terms
Restricted Stock Units ("RSUs"), open-market sale, derivative security, vesting, +1 more
5 terms
Restricted Stock Units ("RSUs") financial
"Represents an award of restricted stock units ("RSUs") that vests in equal installments over four years"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vesting financial
"RSUs that vests in equal installments over four years, on the quarterly anniversary"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
settlement financial
"sold by the Reporting Person to cover taxes due upon the release and settlement of the RSUs"
Settlement is the process of completing a financial transaction, like buying or selling a stock, by transferring money and ownership between parties. It ensures that both the buyer gets the asset and the seller gets paid, making the deal official. Without settlement, the transaction wouldn't be finalized or legally recognized.
FAQ
What insider transactions did Joby Aviation (JOBY) report for Simi Bonny W?
Joby Aviation reported that President of Operations Simi Bonny W had RSUs convert into 21,127 common shares, then sold 7,832 shares. The sale was explicitly to cover taxes due upon RSU vesting under the award’s terms.
How many restricted stock units remain for the Joby Aviation (JOBY) executive?
After the reported transactions, RSU awards showed remaining balances of 90,817, 62,292, and 22,797 units. Each restricted stock unit represents the right to receive one Joby Aviation common share upon future vesting, subject to continued service.