Joby Aviation (NYSE: JOBY) officer sells shares after RSU vesting
Rhea-AI Filing Summary
Joby Aviation, Inc. reported an insider equity transaction by its Chief Policy Officer, Gregory Bowles. On January 1, 2026, previously granted restricted stock units (RSUs) converted into 6,229 shares of common stock and another 5,224 shares, both at an exercise price of $0. These RSUs stem from awards that vest quarterly over multi‑year periods starting January 1, 2024 and July 1, 2023, subject to continued service.
On January 2, 2026, Bowles sold 4,194 shares of common stock at $13.51 per share, which the filing states were sold to cover taxes due upon RSU release and settlement. After these transactions, he reported owning 166,344 shares of Joby Aviation common stock directly, along with remaining unvested RSUs from the same award programs.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,194 | $13.51 | $57K |
| Exercise | Restricted Stock Units (RSUs) | 6,229 | $0.00 | -- |
| Exercise | Restricted Stock Units (RSUs) | 5,224 | $0.00 | -- |
| Exercise | Common Stock | 6,229 | $0.00 | -- |
| Exercise | Common Stock | 5,224 | $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. 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 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.
FAQ
What insider stock transaction did Joby Aviation (JOBY) disclose?
The filing shows Chief Policy Officer Gregory Bowles had RSUs convert into common stock on January 1, 2026 and then sold 4,194 shares of Joby Aviation common stock on January 2, 2026 at $13.51 per share.
What are the vesting terms of the Joby Aviation RSU awards in this filing?
One RSU award vests in 16 equal quarterly installments starting on the quarterly anniversary of January 1, 2024. Another vests in equal quarterly installments over four years, beginning on the quarterly anniversary of July 1, 2023, in each case subject to continued service.