Joby Aviation (JOBY) CPO sells shares to cover RSU tax obligation
Rhea-AI Filing Summary
Joby Aviation Chief Product Officer Eric Allison reported equity transactions involving company stock. On February 9, 2026, he acquired 2,958 shares of Common Stock through the exercise and settlement of restricted stock units at an exercise price of $0, increasing his directly held common shares to 705,562. The related RSU line shows 2,958 restricted stock units outstanding, each representing a right to one share of Common Stock, with vesting between 0% and 125% in installments on January 12, 2026, February 9, 2026, and March 9, 2026 based on performance and continued service. On February 10, 2026, he executed an open‑market sale of 1,526 shares of Common Stock at a weighted average price of $10.55, in multiple trades ranging from $10.55 to $10.66, to cover taxes due upon RSU release. Following these transactions, Allison directly owned 704,036 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,526 | $10.55 | $16K |
| Exercise | Restricted Stock Units (RSUs) | 2,958 | $0.00 | -- |
| Exercise | Common Stock | 2,958 | $0.00 | -- |
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 $10.55 to $10.66. 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"). 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.