Joby Aviation (NYSE: JOBY) CPO sells shares to cover RSU tax obligations
Rhea-AI Filing Summary
Joby Aviation Chief Product Officer Eric Allison reported a mix of RSU vesting and a related share sale. On July 1, 2026, several awards of restricted stock units converted into a total of 18,101 shares of Common Stock, reflecting scheduled vesting under prior equity grants.
On July 2, 2026, Allison sold 9,330 shares of Common Stock at $8.92 per share. According to the disclosure, these shares were sold to cover taxes due upon the release and settlement of the RSUs, as required by the RSU award terms, rather than as a discretionary sale of a large position. After these transactions, he directly held 684,779 Common shares, indicating he retained a substantial equity stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 9,330 shares ($83,224)
Net Sell
7 txns
Insider
Allison Eric
Role
Chief Product Officer
Sold
9,330 shs ($83K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 9,330 | $8.92 | $83K |
| Exercise | Restricted Stock Units (RSUs) | 4,749 | $0.00 | -- |
| Exercise | Restricted Stock Units (RSUs) | 8,306 | $0.00 | -- |
| Exercise | Restricted Stock Units (RSUs) | 5,046 | $0.00 | -- |
| Exercise | Common Stock | 4,749 | $0.00 | -- |
| Exercise | Common Stock | 8,306 | $0.00 | -- |
| Exercise | Common Stock | 5,046 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 684,779 shares (Direct);
Restricted Stock Units (RSUs) — 18,997 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. 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.
Key Figures
Shares sold: 9,330 shares
Sale price: $8.92 per share
Shares after transactions: 684,779 shares
+3 more
6 metrics
Shares sold
9,330 shares
Common Stock sold on July 2, 2026
Sale price
$8.92 per share
Price for 9,330-share sale
Shares after transactions
684,779 shares
Direct Common Stock holdings following transactions
RSU exercises into stock
18,101 shares
Common shares from derivative exercises (code M)
RSUs exercised (largest block)
8,306 units
Single RSU award converted on July 1, 2026
RSUs remaining (smallest series)
18,997 units
Total RSUs remaining after 4,749-unit conversion
Key Terms
Restricted Stock Units ("RSUs"), vests in equal installments, derivative security, open-market sale, +1 more
5 terms
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.
vests in equal installments financial
"Represents an award of restricted stock units ("RSUs") that vests in equal installments over four years"
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.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
taxes due upon the release and settlement of the RSUs financial
"shares sold by the Reporting Person to cover taxes due upon the release and settlement of the RSUs"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Joby Aviation (JOBY) report for Eric Allison?
Joby Aviation’s Chief Product Officer Eric Allison reported RSU vesting into 18,101 common shares and a related sale of 9,330 shares at $8.92 each. The sale was explicitly described as covering taxes due on the RSU settlement, and he retained 684,779 shares afterward.
What RSU activity did Joby Aviation’s Chief Product Officer report?
The filing shows multiple restricted stock unit awards converting into a total of 18,101 Joby Aviation common shares on July 1, 2026. These RSUs vest over time in scheduled quarterly installments, contingent on Allison’s continued service with the company.
Did Eric Allison exercise derivative securities or options in this Joby Aviation filing?
Yes. The report classifies several transactions with code M as exercises or conversions of derivative securities, specifically RSUs. These exercises delivered 18,101 Joby Aviation common shares, reflecting scheduled vesting from previously granted equity awards to the executive.