Joby Aviation officer sells stock to cover taxes
Joby Aviation Chief Policy Officer Gregory Bowles reported routine equity activity involving restricted stock units and related share sales.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,075 | $9.90 | $11K |
| Sale | Common Stock | 1,172 | $10.25 | $12K |
| Exercise | Restricted Stock Units (RSUs) | 2,606 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units (RSUs) | 1,140 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,606 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,140 | $0.00 | $0.00 |
Footnotes (4)
- 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. Sale made pursuant to the Reporting Person's approved 10b5-1 trading plan adopted on May 13, 2025.
- F3. 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.
- F4. 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.
FAQ
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