Joby Aviation (NYSE: JOBY) CPO sells shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Joby Aviation, Inc. Chief Policy Officer Gregory Bowles reported RSU vesting and a related tax sale. On April 1, 2026, he exercised restricted stock units that converted into a total of 16,498 shares of Common Stock at a conversion price of $0.00 per share. These shares came from three RSU awards with different quarterly vesting schedules.
On April 2, 2026, Bowles sold 5,167 shares of Common Stock in open-market transactions at a weighted average price of $8.15 per share to cover taxes due upon the RSU release and settlement, as required by the award terms. Following these transactions, he directly held 183,190 shares of Common Stock, indicating the sale was small relative to his remaining position.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,167 shares ($42,111)
Net Sell
7 txns
Insider
Bowles Gregory
Role
Chief Policy Officer
Sold
5,167 shs ($42K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,167 | $8.15 | $42K |
| Exercise | Restricted Stock Units (RSUs) | 5,224 | $0.00 | -- |
| Exercise | Restricted Stock Units (RSUs) | 6,229 | $0.00 | -- |
| Exercise | Restricted Stock Units (RSUs) | 5,045 | $0.00 | -- |
| Exercise | Common Stock | 5,224 | $0.00 | -- |
| Exercise | Common Stock | 6,229 | $0.00 | -- |
| Exercise | Common Stock | 5,045 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 183,190 shares (Direct);
Restricted Stock Units (RSUs) — 26,121 shares (Direct)
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 $8.15 to $8.44. 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") 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 to cover taxes: 5,167 shares
Weighted average sale price: $8.15 per share
RSU shares exercised: 16,498 shares
+4 more
7 metrics
Shares sold to cover taxes
5,167 shares
Common Stock sale on April 2, 2026
Weighted average sale price
$8.15 per share
Tax-related sale executed in multiple trades
RSU shares exercised
16,498 shares
RSUs converted to Common Stock on April 1, 2026
Post-transaction holdings
183,190 shares
Common Stock directly owned after transactions
RSU award tranche 1
5,224 RSUs
Quarterly vesting over four years from July 1, 2023
RSU award tranche 2
6,229 RSUs
16 equal quarterly installments from January 1, 2024
RSU award tranche 3
5,045 RSUs
Stepped quarterly vesting beginning January 1, 2026
Key Terms
Restricted Stock Units (RSUs), weighted average sale price, derivative exercise/conversion, contingent right to receive one share
4 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 type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
weighted average sale price financial
"The price reported above reflects the weighted average sale price."
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
FAQ
What insider transactions did Joby Aviation (JOBY) report for Gregory Bowles?
Gregory Bowles reported RSU vesting and a small tax-related sale. He exercised 16,498 restricted stock units into Common Stock, then sold 5,167 shares to pay required taxes tied to that vesting, leaving 183,190 shares directly owned afterward.
What RSU awards vested for Joby Aviation executive Gregory Bowles in this filing?
Three RSU awards vested in part. One vests quarterly over four years from July 1, 2023, another in 16 quarterly installments from January 1, 2024, and a third with stepped quarterly vesting starting January 1, 2026, each RSU delivering one share upon vesting.