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Joby Aviation (NYSE: JOBY) operations chief settles RSUs, sells shares for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Joby Aviation President of Operations Bonny W. Simi reported RSU vesting and a small tax-related share sale. On February 9, 2026, Simi acquired 3,303 shares of Common Stock at $0 through the exercise/settlement of an RSU award, bringing direct holdings to 130,488 shares.

On February 10, 2026, Simi sold 1,202 shares of Common Stock in open-market trades at a weighted average price of $10.55, with prices ranging from $10.55 to $10.66, solely to cover taxes due on the RSU release. After this sale, Simi directly owned 129,286 shares. The RSU award can vest between 0% and 125% in equal installments on January 12, 2026, February 9, 2026, and March 9, 2026, depending on performance goals and continued service, with each RSU delivering one share upon vesting.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Simi Bonny W

(Last) (First) (Middle)
C/O JOBY AVIATION, INC.
333 ENCINAL STREET

(Street)
SANTA CRUZ CA 95060

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Joby Aviation, Inc. [ JOBY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President of Operations
3. Date of Earliest Transaction (Month/Day/Year)
02/09/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/09/2026 M 3,303 A $0 130,488 D
Common Stock 02/10/2026 S(1) 1,202 D $10.55(2) 129,286 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (RSUs) $0 02/09/2026 M 3,303 (3) (3) Common Stock 3,303 $0 3,303 D
Explanation of Responses:
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.
2. This transaction was executed in multiple trades at prices ranging from $10.55 to $10.66. 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.
3. Represents an award of restricted stock units ("RSUs"). Between 0% and 125% of the award will vest in equal installments on each of on January 12, 2026, February 9, 2026, and March 9, 2026, based on the achievement of specified goals and 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.
Remarks:
/s/ Sarah Slayen, Attorney-in-Fact for Bonny Simi 02/11/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Joby Aviation (JOBY) report for Bonny W. Simi?

Bonny W. Simi reported an RSU settlement and a related share sale. On February 9, 2026, she received 3,303 shares via RSUs. On February 10, 2026, she sold 1,202 shares in the open market to cover taxes from that RSU release.

How many Joby Aviation (JOBY) shares does Bonny W. Simi hold after these transactions?

After the reported transactions, Bonny W. Simi directly holds 129,286 shares of Joby Aviation Common Stock. This reflects 3,303 shares received from RSU settlement on February 9, 2026, and 1,202 shares sold on February 10, 2026 to cover associated tax obligations.

At what price did Bonny W. Simi sell Joby Aviation (JOBY) shares on February 10, 2026?

She sold 1,202 Joby Aviation Common Stock shares at a weighted average price of $10.55. The filing notes the trades occurred in multiple executions, with prices ranging between $10.55 and $10.66, all reported as an open-market sale transaction.

What are the terms of Bonny W. Simi’s RSU award from Joby Aviation (JOBY)?

The RSU award can vest between 0% and 125% in equal installments on January 12, 2026, February 9, 2026, and March 9, 2026. Vesting depends on specified performance goals and Simi’s continued service, with each RSU converting into one share of Common Stock upon vesting.

Why did Bonny W. Simi sell Joby Aviation (JOBY) shares after the RSU settlement?

The filing states the 1,202 shares sold represent the aggregate number of shares sold to cover taxes due upon the RSU release and settlement. This tax-withholding sale was required under the RSU award’s terms rather than a discretionary reduction in holdings.

What position does Bonny W. Simi hold at Joby Aviation (JOBY) in this Form 4?

Bonny W. Simi is identified as an officer of Joby Aviation with the title “President of Operations.” The Form 4 indicates she is not a director or 10% owner, and the reported transactions relate to her equity-based compensation and tax obligations.
Joby Aviation Inc

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SANTA CRUZ