Joby Aviation (NYSE: JOBY) CPO Bowles logs RSU vesting, share sales
Rhea-AI Filing Summary
Joby Aviation Chief Policy Officer Gregory Bowles reported several equity transactions. On January 12, 2026, 2,607 restricted stock units (RSUs) converted into an equal number of common shares at an exercise price of $0, increasing his direct common stock holdings to 168,951 shares and his remaining RSU balance to 5,212 units.
On January 13, 2026, he sold 894 common shares at a weighted average price of $14.83, with the filing explaining that these shares were sold to cover taxes due at RSU settlement. On January 14, 2026, he sold a further 5,383 common shares at a weighted average price of $14.72 under an approved Rule 10b5-1 trading plan. After these sales, Bowles directly owned 162,674 common shares. The RSU award is scheduled to vest in equal installments on January 12, February 9, and March 9, 2026, based on achieving specified goals and continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,383 | $14.72 | $79K |
| Sale | Common Stock | 894 | $14.83 | $13K |
| Exercise | Restricted Stock Units (RSUs) | 2,607 | $0.00 | -- |
| Exercise | Common Stock | 2,607 | $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. 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 $14.30 to $15.12. 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"). Between 0% and 125% of the award will vest in equal installments on each of on January 12, 2026, February 9, 2026, and March 9, 2026, based on the achievement of specified goals and 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.