Joby Aviation (NYSE: JOBY) operations chief settles RSUs, sells shares for taxes
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,202 | $10.55 | $13K |
| Exercise | Restricted Stock Units (RSUs) | 3,303 | $0.00 | -- |
| Exercise | Common Stock | 3,303 | $0.00 | -- |
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. 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. 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.