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Joby Aviation (JOBY) officer sells shares under 10b5-1 plan, RSUs vest

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Joby Aviation Chief Policy Officer Gregory Bowles reported mixed insider activity involving company stock. He sold a total of 15,081 shares of Common Stock in open-market transactions at weighted average prices around $9.57$9.62, with the filing stating these sales represent shares sold to cover taxes due on restricted stock unit (RSU) vesting and were made under an approved Rule 10b5-1 trading plan.

In connection with this, an award of 11,156 RSUs vested and converted into the same number of common shares at a price of $0.00 per share. After these transactions, Bowles directly owned 170,360 shares of Joby Aviation common stock.

Positive

  • None.

Negative

  • None.
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)
02/21/2026
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 02/21/2026 M 11,156 A $0 185,441 D
Common Stock 02/23/2026 S(1) 3,551 D $9.57(2) 181,890 D
Common Stock 02/24/2026 S(3) 11,530 D $9.62(4) 170,360 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 02/21/2026 M 11,156 (5) (5) Common Stock 11,156 $0 44,624 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. This transaction was executed in multiple trades at prices ranging from $9.54 to $9.57. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
3. Sale made pursuant to the Reporting Person's approved 10b5-1 trading plan adopted on May 13, 2025.
4. This transaction was executed in multiple trades at prices ranging from $9.39 to $9.78. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
5. Represents an award of restricted stock units ("RSUs") that vests with respect to 16.66% of the RSUs on February 21, 2022 and as to the remaining 83.34% in 20 quarterly installments 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.
Remarks:
/s/ Sarah Slayen, Attorney-in-Fact for Gregory Bowles 02/24/2026
** 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) officer Gregory Bowles report?

Gregory Bowles reported both RSU-related share acquisitions and open-market sales of Joby Aviation stock. RSUs vested into 11,156 common shares, and he sold 15,081 shares, primarily to cover taxes due on the RSU release and settlement, under an approved Rule 10b5-1 plan.

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

Bowles sold a total of 15,081 Joby Aviation common shares in two open-market transactions. The weighted average sale prices were about $9.57 per share for one trade and $9.62 per share for the other, with individual executions ranging between $9.39 and $9.78 per share.

Were Gregory Bowles' JOBY share sales made under a Rule 10b5-1 trading plan?

Yes. The filing states that one of Gregory Bowles' sale transactions was made pursuant to his approved Rule 10b5-1 trading plan, which was adopted on May 13, 2025. Such plans allow pre-arranged trades to occur according to preset instructions, independent of later market developments.

Why did Gregory Bowles sell Joby Aviation (JOBY) shares related to his RSUs?

The filing explains that the aggregate number of shares sold by Gregory Bowles represents shares sold to cover taxes due upon the release and settlement of his RSUs. This sale treatment was required by the terms of the RSU award agreement governing those restricted stock units.

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

After the reported RSU conversion and subsequent sales, Gregory Bowles directly owns 170,360 shares of Joby Aviation common stock. This figure reflects his holdings following the February 2026 open-market sales and the vesting and settlement of 11,156 restricted stock units into common shares.

What are the key details of Gregory Bowles’ RSU award from Joby Aviation (JOBY)?

The RSU award vests 16.66% of the units on February 21, 2022, with the remaining 83.34% vesting in 20 quarterly installments thereafter. Each vested RSU converts into one share of Joby Aviation common stock, contingent on Gregory Bowles' continued service through each applicable vesting date.
Joby Aviation Inc

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9.87B
637.34M
Airports & Air Services
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United States
SANTA CRUZ