Joby Aviation (NYSE: JOBY) CEO reports RSU vesting, tax share sale
Rhea-AI Filing Summary
Joby Aviation CEO JoeBen Bevirt reported equity award activity and a small share sale. On January 12, 2026, he acquired 4,371 shares of common stock at $0 upon settlement of an award of restricted stock units (RSUs), increasing his directly held common stock to 293,185 shares. The RSU award covers 8,740 units, with between 0% and 125% scheduled to vest in equal installments on January 12, 2026, February 9, 2026, and March 9, 2026 based on performance and continued service.
On January 13, 2026, Bevirt sold 1,630 shares of common stock at $14.83 per share to cover taxes due upon RSU settlement, leaving 291,555 directly held shares. He also reports significant indirect holdings through The Joby Trust, the JoeBen Bevirt 2020 Descendants Trust, his spouse, and the Jennifer Barchas Trust, where he or his spouse may be deemed a beneficial owner.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,630 | $14.83 | $24K |
| Exercise | Restricted Stock Units (RSUs) | 4,371 | $0.00 | -- |
| Grant/Award | Common Stock | 4,371 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
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. The shares of common stock are held of record by The Joby Trust. The Reporting Person is the trustee of the Joby Trust and may be deemed to be the beneficial owner of such shares. The shares of common stock are held of record by the JoeBen Bevirt 2020 Descendants Trust, dated December 26, 2020 (the "Descendants Trust"). The Reporting Person is the trustee of the Decendants Trust and may be deemed to be the beneficial owner of such shares. The shares of common stock are held of record by the spouse of the Reporting Person. The shares of common stock are held of record by The Jennifer Barchas Trust (the "Barchas Trust"). The spouse of the Reporting Person has voting and dispositive power of the shares held by The Barchas Trust therefore may be deemed to be the beneficial owner of such shares to the extent of her pecuniary interest. 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.
FAQ
What insider transactions did Joby Aviation (JOBY) report for JoeBen Bevirt in January 2026?
JoeBen Bevirt reported settlement of 4,371 RSUs into common stock at $0 on January 12, 2026, and a sale of 1,630 shares of common stock at $14.83 per share on January 13, 2026 to cover taxes related to the RSU release.
What are the terms of JoeBen Bevirts RSU award reported in this Form 4 for JOBY?
The award consists of restricted stock units (RSUs) where between 0% and 125% of the award will vest in equal installments on January 12, 2026, February 9, 2026, and March 9, 2026, based on specified goals and his continued service. Each RSU represents the right to receive one share of common stock upon vesting.
What roles does JoeBen Bevirt hold at Joby Aviation (JOBY) according to this Form 4?
JoeBen Bevirt is reported as a Director, a 10% Owner, and an Officer of Joby Aviation, with the title CEO and Chief Architect.