STOCK TITAN

Joby Aviation (NYSE: JOBY) CPO sells shares to cover RSU taxes

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
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 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)
  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.
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
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""
contingent right to receive one share financial
"Each RSU represents the contingent right to receive one share of Common Stock upon vesting."
SEC Form 4
FORM 4UNITED 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*
Bowles Gregory

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

(Street)
SANTA CRUZ CALIFORNIA 95060

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Joby Aviation, Inc. [ JOBY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Policy Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock04/01/2026M5,224A$0177,083D
Common Stock04/01/2026M6,229A$0183,312D
Common Stock04/01/2026M5,045A$0188,357D
Common Stock04/02/2026S(1)5,167D$8.15(2)183,190D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units (RSUs)$004/01/2026M5,224 (3) (3)Common Stock5,224$026,121D
Restricted Stock Units (RSUs)$004/01/2026M6,229 (4) (4)Common Stock6,229$043,605D
Restricted Stock Units (RSUs)$004/01/2026M5,045 (5) (5)Common Stock5,045$095,863D
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 $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.
3. 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.
4. 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.
5. 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.
Remarks:
/s/ Sarah Slayen, Attorney-in-Fact for Gregory Bowles04/03/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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.

How many Joby Aviation (JOBY) shares did Gregory Bowles sell and at what price?

Gregory Bowles sold 5,167 shares of Joby Aviation Common Stock. The weighted average sale price was $8.15 per share, with individual trades executed between $8.15 and $8.44, according to the filing’s footnote describing the multiple trade prices.

Why did Joby Aviation’s Chief Policy Officer sell shares in this Form 4 filing?

The sale was required to cover taxes from RSU vesting. The filing states the 5,167 shares sold represented the aggregate number needed to satisfy tax obligations arising from the release and settlement of restricted stock units granted to Gregory Bowles.

How many Joby Aviation (JOBY) shares does Gregory Bowles own after these transactions?

After the reported transactions, Gregory Bowles directly owns 183,190 shares of Joby Aviation Common Stock. This figure reflects his position following the RSU conversions into shares and the subsequent sale of 5,167 shares to satisfy related tax obligations.

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.