Joby Aviation (NYSE: JOBY) officer sells stock to cover RSU taxes

Rhea-AI Filing Summary

Joby Aviation Chief Policy Officer Gregory Bowles reported routine equity activity involving restricted stock units and related share sales. On March 9, 2026, RSUs covering 3,746 shares were converted into Joby Aviation common stock at a conversion price of $0.00 per share.

On March 10 and 11, 2026, he sold a total of 2,247 common shares in open-market transactions at prices of $10.25 and $9.90 per share. Footnotes state these sales represent shares sold to cover taxes due upon RSU settlement and were executed under an approved Rule 10b5-1 trading plan.

Following these transactions, Bowles directly holds 171,859 shares of Joby Aviation common stock, indicating that he retained most of the shares received from the RSU conversions.

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).

X

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^*

Bowles Gregory

(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)
	Chief Policy Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026

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
Common Stock	03/09/2026		M		2,606	A	$0	172,966	D
Common Stock	03/09/2026		M		1,140	A	$0	174,106	D
Common Stock	03/10/2026		S(1)		1,172	D	$10.25	172,934	D
Common Stock	03/11/2026		S(2)		1,075	D	$9.9	171,859	D

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	03/09/2026		M			2,606	(3)	(3)	Common Stock	2,606	$0	0	D
Restricted Stock Units (RSUs)	$0	03/09/2026		M			1,140	(4)	(4)	Common Stock	1,140	$0	1,138	D

Explanation of Responses:

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.

2. Sale made pursuant to the Reporting Person's approved 10b5-1 trading plan adopted on May 13, 2025.

3. 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.

4. 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.

Remarks:

	/s/ Sarah Slayen, Attorney-in-Fact for Gregory Bowles	03/11/2026
	** 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.

FAQ

What insider transactions did Joby Aviation (JOBY) report for Gregory Bowles?

Joby Aviation’s Chief Policy Officer Gregory Bowles converted RSUs into 3,746 common shares and sold 2,247 shares in the open market. The sales were tied to tax obligations from RSU settlement and executed under a pre-approved Rule 10b5-1 trading plan.

How many Joby Aviation (JOBY) shares did Gregory Bowles sell and at what prices?

Gregory Bowles sold 2,247 Joby Aviation common shares in two transactions. He sold 1,172 shares at $10.25 per share and 1,075 shares at $9.90 per share. Footnotes describe these sales as covering taxes owed on vested RSUs.

Were Gregory Bowles’ recent JOBY share sales part of a 10b5-1 trading plan?

Yes. The filing notes that at least one of Gregory Bowles’ sales was made under an approved Rule 10b5-1 trading plan adopted on May 13, 2025. Such plans pre-schedule trades, signaling a more routine, less timing-driven transaction pattern.

Why did Gregory Bowles sell Joby Aviation (JOBY) shares after his RSUs vested?

Footnotes explain that the shares sold represent the aggregate number of shares needed to cover taxes due upon RSU release and settlement. This means the sales were primarily to satisfy withholding obligations, a common feature of equity compensation programs.

How many Joby Aviation (JOBY) shares does Gregory Bowles hold after these transactions?

After completing the RSU conversions and related sales, Gregory Bowles directly holds 171,859 shares of Joby Aviation common stock. This figure reflects his continuing equity stake following both the issuance of RSU shares and the tax-related share sales disclosed.

What RSU activity did Joby Aviation (JOBY) disclose for Gregory Bowles?

Joby Aviation disclosed that Gregory Bowles exercised or settled RSUs into 3,746 common shares of common stock at $0.00 per share. These RSU conversions increased his share count before he sold some shares to cover related tax liabilities described in the footnotes.