Joby Aviation (JOBY) officer sells shares under 10b5-1 plan, RSUs vest
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
Net Seller: 15,081 shares ($144,902)
Net Sell
4 txns
Insider
Bowles Gregory
Role
Chief Policy Officer
Sold
15,081 shs ($145K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 11,530 | $9.62 | $111K |
| Sale | Common Stock | 3,551 | $9.57 | $34K |
| Exercise | Restricted Stock Units (RSUs) | 11,156 | $0.00 | -- |
| Exercise | Common Stock | 11,156 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 170,360 shares (Direct);
Restricted Stock Units (RSUs) — 44,624 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. 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. Sale made pursuant to the Reporting Person's approved 10b5-1 trading plan adopted on May 13, 2025. 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. 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.
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.
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.