Joby Aviation CPO sells 826 shares, exercises RSUs
Joby Aviation Chief Product Officer Eric Allison reported routine equity activity involving restricted stock units and a small share sale.
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Form Type
4
Rhea-AI Filing Summary
Joby Aviation Chief Product Officer Eric Allison reported routine equity activity involving restricted stock units and a small share sale. On April 7, 2026, he exercised 1,601 RSUs at $0.00 to receive the same number of common shares. On April 8, 2026, he sold 826 common shares at $8.87 per share to cover taxes due on the RSU settlement, as required by the award terms. After these transactions, he directly held 725,001 common shares.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
3 txns
Insider
Allison Eric
Role
Chief Product Officer
Sold
826 shs ($7K)
Approx. gross sale proceeds
$7K
Approx. exercise cost
$0.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 826 | $8.87 | $7K |
| Exercise | Restricted Stock Units (RSUs) | 1,601 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,601 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units (RSUs) — 0 contracts (Direct);
Common Stock — 725,001 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. Between 0% and 200% of the award will vest in equal installments on each of on March 9, 2026, and April 7, 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 up to two shares of Common Stock upon vesting.
Key Figures
Shares sold: 826 shares
Sale price: $8.87 per share
RSUs exercised: 1,601 units
+1 more
4 metrics
Shares sold
826 shares
Common stock sold at $8.87 on April 8, 2026
Sale price
$8.87 per share
Open-market sale of 826 common shares
RSUs exercised
1,601 units
RSUs converted to common stock at $0.00 on April 7, 2026
Shares owned after
725,001 shares
Direct common stock holdings following reported transactions
Key Terms
Restricted Stock Units (RSUs), open-market sale, derivative security, vest
4 terms
Restricted Stock Units (RSUs) financial
"Each RSU represents the contingent right to receive up to two shares of Common Stock upon vesting."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
open-market sale financial
"Sale in open market or private transaction"
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.
derivative security financial
"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.
vest financial
"Between 0% and 200% of the award will vest in equal installments"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Joby Aviation (JOBY) report for Eric Allison?
Eric Allison exercised 1,601 restricted stock units into common shares at $0.00, then sold 826 common shares at $8.87 each. The sale was to cover taxes due on the RSU settlement, leaving him with 725,001 common shares directly owned.
What are the vesting terms of Eric Allison’s Joby Aviation (JOBY) RSU award?
The RSU award can vest between 0% and 200% in equal installments on March 9, 2026, and April 7, 2026, based on specific performance goals and continued service. Each RSU represents a contingent right to receive up to two shares of Joby Aviation common stock upon vesting.
How many RSUs did Eric Allison convert to Joby Aviation (JOBY) common stock?
Eric Allison converted 1,601 restricted stock units into 1,601 Joby Aviation common shares at a $0.00 conversion price. This derivative exercise was recorded as a direct acquisition of common stock, increasing his holdings before the subsequent tax-related sale of 826 shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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