Do the RSU grants for Joby Aviation (JOBY) involve any immediate share sales?

The disclosure shows only grants of restricted stock units to Gregory Bowles and does not report any sales of Joby Aviation common stock. Each RSU merely represents a contingent right to receive one share when and if the vesting conditions are later satisfied.

Joby Aviation grants RSUs to Chief Policy Officer

Joby Aviation, Inc. reported that Chief Policy Officer Gregory Bowles received two grants of restricted stock units (RSUs) on March 18, 2026.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Joby Aviation, Inc. reported that Chief Policy Officer Gregory Bowles received two grants of restricted stock units (RSUs) on March 18, 2026. One award covers 100,908 RSUs that vest over time, starting with 5% on each of the first four quarterly anniversaries of January 1, 2026, then 10% on each quarterly anniversary thereafter, subject to continued service. A second award of 201,816 RSUs vests in multiple tranches only if specified goals are achieved on or before the third anniversary of the grant date, also requiring continued service. Each RSU converts into one share of common stock upon vesting, and the filing shows no share sales.

Insider Trade Summary

Grant/Award: 302,724 shares

Grant/Award 2 txns

Insider Bowles Gregory

Role Chief Policy Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units (RSUs)	100,908	$0.00	$0.00
Grant/Award	Restricted Stock Units (RSUs)	201,816	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units (RSUs) — 302,724 contracts (Direct)

Footnotes (2)

F1. Represents an award of restricted stock units ("RSUs") that vests with respect to 5% of the total number of RSUs on each of the first four quarterly anniversaries of January 1, 2026 and as to 10% of the total number of RSUs on each quarterly anniversary thereafter, 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.
F2. Represents an award of restricted stock units ("RSUs") that vests in multiple tranches upon the achievement of specified goals, provided that such goals are achieved on or prior to the third anniversary of the grant date, 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 transaction did Joby Aviation (JOBY) report for Gregory Bowles?

Joby Aviation reported that Chief Policy Officer Gregory Bowles received two grants of restricted stock units on March 18, 2026. These awards give him the right to receive Joby common shares over time, subject to service and performance-based vesting conditions described in the disclosure.

How many RSUs were granted to Joby Aviation (JOBY) executive Gregory Bowles?

Gregory Bowles was granted 100,908 restricted stock units in one award and 201,816 restricted stock units in a second award. Each RSU represents the contingent right to receive one share of Joby Aviation common stock if the applicable vesting conditions are satisfied.

How do the time-based RSUs for Joby Aviation (JOBY) vest?

The 100,908 time-based RSUs vest 5% on each of the first four quarterly anniversaries of January 1, 2026, then 10% on each subsequent quarterly anniversary. Vesting requires Bowles’ continued service with Joby Aviation through each applicable vesting date under the award terms.

What are the performance conditions on Gregory Bowles’ RSUs at Joby Aviation (JOBY)?

The 201,816 performance-based RSUs vest in multiple tranches only upon achievement of specified goals on or before the third anniversary of the grant date. Vesting also depends on Bowles continuing to serve Joby Aviation through each applicable vesting date for the earned tranches.

What does each RSU granted by Joby Aviation (JOBY) represent for Gregory Bowles?

Each restricted stock unit awarded to Gregory Bowles represents the contingent right to receive one share of Joby Aviation common stock upon vesting. Actual share delivery occurs only if the specified time-based or performance-based vesting conditions in the award agreements are fully met.

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Accepted by SEC EDGAR 03/20/2026 - 04:11 PM

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).

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

CALIFORNIA

95060

(City)

(State)

(Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/18/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units (RSUs)	$0	03/18/2026		A		100,908		⁽¹⁾	⁽¹⁾	Common Stock	100,908	$0	100,908	D
Restricted Stock Units (RSUs)	$0	03/18/2026		A		201,816		⁽²⁾	⁽²⁾	Common Stock	201,816	$0	201,816	D

Explanation of Responses:

1. Represents an award of restricted stock units ("RSUs") that vests with respect to 5% of the total number of RSUs on each of the first four quarterly anniversaries of January 1, 2026 and as to 10% of the total number of RSUs on each quarterly anniversary thereafter, 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.

2. Represents an award of restricted stock units ("RSUs") that vests in multiple tranches upon the achievement of specified goals, provided that such goals are achieved on or prior to the third anniversary of the grant date, 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.

Remarks:

	/s/ Sarah Slayen, Attorney-in-Fact for Gregory Bowles	03/20/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR