Joby Aviation (NYSE: JOBY) officer sells stock to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
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
Net Seller: 2,247 shares ($22,656)
Net Sell
6 txns
Insider
Bowles Gregory
Role
Chief Policy Officer
Sold
2,247 shs ($23K)
| 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 | -- |
| Exercise | Restricted Stock Units (RSUs) | 1,140 | $0.00 | -- |
| Exercise | Common Stock | 2,606 | $0.00 | -- |
| Exercise | Common Stock | 1,140 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 171,859 shares (Direct);
Restricted Stock Units (RSUs) — 0 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. Sale made pursuant to the Reporting Person's approved 10b5-1 trading plan adopted on May 13, 2025. 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. 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
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.
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.