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Joby Aviation (NYSE: JOBY) awards performance-based RSUs to operations chief

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Simi Bonny W reported acquisition or exercise transactions in this Form 4 filing.

Joby Aviation, Inc. granted President of Operations Simi W. Bonny an award of 21,146 restricted stock units (RSUs) on March 6, 2026. According to the award terms, between 0% and 200% of these RSUs may vest on March 22, 2027, depending on company performance and continued service. Each RSU represents a contingent right to receive up to two shares of Joby Aviation common stock upon vesting. Following this grant, Bonny holds 21,146 RSUs directly.

Positive

  • None.

Negative

  • None.

Insights

Joby granted performance-based RSUs to its operations president, a routine equity compensation award.

This filing shows Joby Aviation awarding 21,146 RSUs to its President of Operations, Simi W. Bonny, as equity-based compensation. The RSUs are derivative securities that may settle in Joby common stock if vesting conditions are met.

The award is performance-based: between 0% and 200% of the RSUs can vest on March 22, 2027, tied to company performance objectives and continued service through that date. Each RSU can deliver up to two shares of common stock at vesting.

This is a routine compensation grant rather than an open-market trade, so it carries weaker signaling value about insider views on valuation. Its actual impact depends on future performance against the specified objectives and the degree of vesting achieved by March 22, 2027.

Insider Simi Bonny W
Role President of Operations
Type Security Shares Price Value
Grant/Award Restricted Stock Units (RSUs) 21,146 $0.00 --
Holdings After Transaction: Restricted Stock Units (RSUs) — 21,146 shares (Direct)
Footnotes (1)
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Form 4 Insider Transactions: What Each Field Means →

FAQ

What did the JOBY insider report in this Form 4 filing?
The Form 4 shows Joby Aviation’s President of Operations, Simi W. Bonny, receiving an award of 21,146 restricted stock units. These RSUs were granted as equity compensation and represent potential future Joby Aviation common shares if vesting conditions are satisfied.

How many RSUs did Joby Aviation (JOBY) grant to Simi W. Bonny?
Joby Aviation granted 21,146 restricted stock units to Simi W. Bonny. Following this award, the filing reports that Bonny directly holds 21,146 RSUs, all tied to potential future conversion into Joby Aviation common stock, subject to performance-based vesting conditions.

When do the JOBY RSUs granted to Simi W. Bonny vest and on what basis?
Between 0% and 200% of the 21,146 RSUs may vest on March 22, 2027. Vesting depends on the achievement of specified company performance objectives and Simi W. Bonny’s continued service with Joby Aviation through that vesting date.

What does each RSU in the Joby Aviation (JOBY) award represent?
Each restricted stock unit represents a contingent right to receive up to two shares of Joby Aviation common stock. Actual shares delivered will depend on how many RSUs vest based on performance and whether the service requirement through March 22, 2027 is met.

Is the JOBY Form 4 for an open-market stock purchase or sale?
This Form 4 does not report an open-market purchase or sale. It records a grant of 21,146 restricted stock units to Joby Aviation’s President of Operations as a compensation award, rather than a discretionary market transaction in existing JOBY shares.
SEC Form 4
FORM 4 UNITED 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*
Simi Bonny W
(Last) (First) (Middle)
C/O JOBY AVIATION, INC.
333 ENCINAL STREET
(Street)
SANTA CRUZ CA 95060
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Joby Aviation, Inc. [ JOBY ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President of Operations
3. Date of Earliest Transaction (Month/Day/Year)
03/06/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (RSUs) $0 03/06/2026 A 21,146 (1) (1) Common Stock 21,146 $0 21,146 D
Explanation of Responses:
1. Represents an award of restricted stock units ("RSUs"). Between 0% and 200% of the award will vest on March 22, 2027, based on the achievement of company performance objectives and subject to the Reporting Person's continued service through the applicable vesting date. Each RSU represents the contingent right to receive up to two shares of Common Stock upon vesting.
Remarks:
/s/ Sarah Slayen, Attorney-in-Fact for Bonny Simi 03/10/2026
** Signature of Reporting Person Date
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.

Source: View Original Filing on SEC EDGAR