STOCK TITAN

Joby Aviation (NYSE: JOBY) officer 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 a combination of RSU vesting and related share sales. On July 1, 2026, he exercised restricted stock units that converted into a total of 16,499 shares of Common Stock at a conversion price of $0.00 per share.

On July 2 and July 6, 2026, he sold an aggregate 9,882 shares of Common Stock in open-market transactions at weighted-average prices of about $8.92 and $9.10 per share, respectively. Footnotes state these sales were made to cover taxes due upon RSU settlement and were executed under an approved Rule 10b5-1 trading plan. Following the transactions, he directly holds 188,936 shares of Common Stock.

Positive

  • None.

Negative

  • None.
Insider Bowles Gregory
Role Chief Policy Officer
Sold 9,882 shs ($89K)
Type Security Shares Price Value
Sale Common Stock 4,724 $9.10 $43K
Sale Common Stock 5,158 $8.92 $46K
Exercise Restricted Stock Units (RSUs) 5,224 $0.00 --
Exercise Restricted Stock Units (RSUs) 6,229 $0.00 --
Exercise Restricted Stock Units (RSUs) 5,046 $0.00 --
Exercise Common Stock 5,224 $0.00 --
Exercise Common Stock 6,229 $0.00 --
Exercise Common Stock 5,046 $0.00 --
Holdings After Transaction: Common Stock — 188,936 shares (Direct, null); Restricted Stock Units (RSUs) — 20,897 shares (Direct, null)
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. Sale made pursuant to the Reporting Person's approved 10b5-1 trading plan adopted on May 13, 2025. This transaction was executed in multiple trades at prices ranging from $8.44 to $9.41. 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 July 6, 2026 4,724 shares at $9.10 Open-market sale of Common Stock
Shares sold July 2, 2026 5,158 shares at $8.92 Open-market sale of Common Stock
Total shares sold 9,882 shares Aggregate open-market sales reported in this filing
RSUs converted to shares 16,499 shares Common Stock received from RSU exercises at $0.00
Post-transaction holdings 188,936 shares Joby Aviation Common Stock held directly after transactions
RSU block 1 remaining 90,817 RSUs Restricted Stock Units remaining after July 1, 2026 activity
RSU block 2 remaining 37,376 RSUs Restricted Stock Units remaining after July 1, 2026 activity
RSU block 3 remaining 20,897 RSUs Restricted Stock Units remaining after July 1, 2026 activity
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 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.
Rule 10b5-1 trading plan regulatory
"Sale made pursuant to the Reporting Person's approved 10b5-1 trading plan adopted on May 13, 2025"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sale price financial
"This transaction was executed in multiple trades at prices ranging from $8.44 to $9.41. The price reported above reflects the weighted average sale price"
vesting date financial
"subject to the Reporting Person's continued service through the applicable vesting date"
contingent right financial
"Each RSU represents the contingent right to receive one share of Common Stock upon vesting"
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Learn about SEC filing dates
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).
X
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)
07/01/2026
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 Stock07/01/2026M5,224A$0187,543D
Common Stock07/01/2026M6,229A$0193,772D
Common Stock07/01/2026M5,046A$0198,818D
Common Stock07/02/2026S(1)5,158D$8.92193,660D
Common Stock07/06/2026S(2)4,724D$9.1(3)188,936D
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)$007/01/2026M5,224 (4) (4)Common Stock5,224$020,897D
Restricted Stock Units (RSUs)$007/01/2026M6,229 (5) (5)Common Stock6,229$037,376D
Restricted Stock Units (RSUs)$007/01/2026M5,046 (6) (6)Common Stock5,046$090,817D
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. Sale made pursuant to the Reporting Person's approved 10b5-1 trading plan adopted on May 13, 2025.
3. This transaction was executed in multiple trades at prices ranging from $8.44 to $9.41. 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.
4. 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.
5. 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.
6. 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 Bowles07/06/2026
** 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 did Joby Aviation (JOBY) executive Gregory Bowles report in this Form 4?

Gregory Bowles reported RSU vesting and related share sales. RSUs converted into 16,499 Joby Aviation common shares, and 9,882 shares were sold in the market, primarily tied to tax obligations from the RSU settlement under a pre-arranged 10b5-1 plan.

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

Gregory Bowles sold 9,882 Joby Aviation common shares in total. He sold 5,158 shares at a weighted-average price of $8.92 per share and 4,724 shares at a weighted-average price of $9.10 per share in open-market transactions disclosed in the filing.

Why were Gregory Bowles’ Joby Aviation (JOBY) shares sold according to the Form 4?

The filing states the shares were sold to cover taxes due upon the release and settlement of RSU awards. These tax-related sales were required under the RSU terms and executed automatically as part of that settlement process, rather than as discretionary open-market liquidations.

Were Gregory Bowles’ Joby Aviation (JOBY) share sales made under a Rule 10b5-1 plan?

Yes. A footnote explains that at least one sale was made under Gregory Bowles’ approved Rule 10b5-1 trading plan adopted on May 13, 2025. Such plans pre-schedule trades, meaning execution timing follows the plan’s terms instead of ad hoc trading decisions.

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

After the reported RSU vesting and share sales, Gregory Bowles directly holds 188,936 shares of Joby Aviation common stock. This post-transaction holding reflects his remaining equity position following the tax-related dispositions associated with the vesting RSU awards.

What RSU activity for Joby Aviation (JOBY) was disclosed for Gregory Bowles?

The Form 4 shows several RSU awards converting into common stock on July 1, 2026. In total, 16,499 RSUs were exercised or settled into the same number of Joby Aviation common shares at a stated conversion price of $0.00 per share, as part of his equity compensation.