Joby Aviation (JOBY) CPO trades shares after RSU vesting and tax sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Joby Aviation, Inc. Chief Product Officer Eric Allison settled 53,549 RSUs, receiving the same number of common shares, then sold 27,932 shares at a weighted average of $7.53 per share solely to cover taxes due on the RSU settlement. After these transactions, he holds 710,396 common shares directly and 107,098 RSUs that remain subject to the award’s vesting schedule.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 27,932 shares ($210,328)
Net Sell
3 txns
Insider
Allison Eric
Role
Chief Product Officer
Sold
27,932 shs ($210K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 27,932 | $7.53 | $210K |
| Exercise | Restricted Stock Units (RSUs) | 53,549 | $0.00 | -- |
| Exercise | Common Stock | 53,549 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 710,396 shares (Direct);
Restricted Stock Units (RSUs) — 107,098 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 $7.50 to $7.53. 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 with respect to 16.66% of the RSUs on January 12, 2022 and as to the remaining 83.34% in 20 quarterly installments 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: 27,932 shares
Weighted average sale price: $7.53 per share
Shares acquired via RSU settlement: 53,549 shares
+4 more
7 metrics
Shares sold to cover taxes
27,932 shares
Open-market sale on 2026-07-13 to cover RSU-related taxes
Weighted average sale price
$7.53 per share
Common stock sold in multiple trades between $7.50 and $7.53
Shares acquired via RSU settlement
53,549 shares
Common shares received on 2026-07-12 from settlement of 53,549 RSUs
Common shares held after transactions
710,396 shares
Direct Joby Aviation common stock holdings following the reported trades
RSUs outstanding after transaction
107,098 RSUs
Remaining restricted stock units subject to the award’s vesting schedule
RSU initial cliff vesting
16.66%
Portion of RSUs vesting on January 12, 2022 under the award terms
Remaining RSU vesting portion
83.34%
Vests in 20 quarterly installments after January 12, 2022, subject to service
Key Terms
Restricted Stock Units ("RSUs"), weighted average sale price, derivative security, contingent right to receive one share
4 terms
Restricted Stock Units ("RSUs") financial
"Represents an award of restricted stock units ("RSUs") that vests..."
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.
weighted average sale price financial
"The price reported above reflects the weighted average sale price."
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.
FAQ
What insider transaction did Joby Aviation (JOBY) report for Chief Product Officer Eric Allison?
Joby Aviation reported that Chief Product Officer Eric Allison settled 53,549 restricted stock units (RSUs) into common shares, then sold 27,932 shares to cover taxes due on that RSU settlement. These transactions were reported as direct holdings of Joby Aviation common stock and RSUs.
What are Eric Allison’s Joby Aviation (JOBY) holdings after these transactions?
Following the reported transactions, Eric Allison directly holds 710,396 shares of Joby Aviation common stock. He also has 107,098 RSUs outstanding, which continue to represent a right to receive shares of common stock upon future vesting under the award’s schedule.
How do Eric Allison’s Joby Aviation (JOBY) RSUs vest based on the award terms?
The RSU award vests 16.66% on January 12, 2022, with the remaining 83.34% vesting in 20 quarterly installments thereafter. Vesting is subject to Eric Allison’s continued service, and each RSU gives a contingent right to receive one share of common stock upon vesting.