Were Gregory Bowles’ Joby Aviation (JOBY) share sales discretionary or for tax withholding?

The Form 4 states the 357 shares sold represent the aggregate number sold to cover taxes due on RSU settlement. This indicates the sale was driven by tax obligations required under the RSU award terms, not by discretionary trading.

Joby Aviation (NYSE: JOBY) officer sells shares to cover RSU tax obligations

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

Gregory Bowles sold 357 shares of Joby Aviation common stock at $8.87 per share . According to the filing footnote, this sale was specifically to cover taxes owed upon the release and settlement of his restricted stock units.

Q: How many Joby Aviation (JOBY) shares did Gregory Bowles acquire from RSUs?

Gregory Bowles exercised 1,138 restricted stock units (RSUs) , each convertible into common stock, at an exercise price of $0.00 . These RSUs converted into 1,138 shares of Joby Aviation common stock as part of his equity compensation.

Q: What role does Gregory Bowles hold at Joby Aviation (JOBY) according to the filing?

According to the Form 4, Gregory Bowles serves as Chief Policy Officer of Joby Aviation, Inc. The reported transactions relate to his equity compensation and associated tax obligations tied to restricted stock unit vesting.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Joby Aviation, Inc. Chief Policy Officer Gregory Bowles reported routine equity compensation activity involving restricted stock units (RSUs) and a small related share sale. On April 7, 2026, RSUs covering 1,138 shares of Common Stock were exercised and converted at a price of $0.00 per share.

On April 8, 2026, Bowles sold 357 shares of Common Stock at $8.87 per share. A footnote explains these 357 shares represent the aggregate number sold to cover taxes due upon the RSU release and settlement, as required by the award terms, rather than a discretionary portfolio sale. Following these transactions, Bowles directly held 179,251 shares of Common Stock.

Insider Trade Summary

Net Seller: 357 shares ($3,167)

Net Sell 3 txns

Insider Bowles Gregory

Role Chief Policy Officer

Sold 357 shs ($3K)

Type	Security	Shares	Price	Value
Sale	Common Stock	357	$8.87	$3K
Exercise	Restricted Stock Units (RSUs)	1,138	$0.00	--
Exercise	Common Stock	1,138	$0.00	--

Holdings After Transaction: Common Stock — 179,251 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. 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.

Key Figures

Shares sold: 357 shares Sale price: $8.87 per share RSUs exercised: 1,138 units +2 more

5 metrics

Shares sold 357 shares Common Stock sold on April 8, 2026 at $8.87 to cover taxes

Sale price $8.87 per share Price for 357 shares of Common Stock sold

RSUs exercised 1,138 units Restricted Stock Units converted into Common Stock on April 7, 2026

Exercise price $0.00 per share Conversion price for 1,138 RSUs into Common Stock

Shares held after 179,251 shares Direct Common Stock ownership after reported transactions

Key Terms

Restricted Stock Units (RSUs), derivative security, exercise or conversion, vesting, +1 more

5 terms

Restricted Stock Units (RSUs) financial

"Represents the aggregate number of shares sold by the Reporting Person to cover taxes due upon the release and settlement of the RSUs"

Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.

derivative security financial

"transaction_code_description": "Exercise or conversion of derivative security""

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

exercise or conversion financial

"transaction_action": "derivative exercise/conversion""

vesting financial

"Between 0% and 200% of the award will vest in equal installments"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

contingent right financial

"Each RSU represents the contingent right to receive up to two shares of Common Stock upon vesting."

Form 4 Insider Transactions: What Each Field Means →

04/09/2026 - 04:16 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)
04/07/2026

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)
Common Stock	04/07/2026		M		1,138	A	$0	179,608	D
Common Stock	04/08/2026		S⁽¹⁾		357	D	$8.87	179,251	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)
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	04/07/2026		M			1,138	⁽²⁾	⁽²⁾	Common Stock	1,138	$0	0	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. 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.

Remarks:

	/s/ Sarah Slayen, Attorney-in-Fact for Gregory Bowles	04/09/2026
	** 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

FAQ

What did Joby Aviation (JOBY) executive Gregory Bowles report in this Form 4?

Gregory Bowles reported RSUs converting into common stock and a small related share sale. 1,138 RSUs were exercised into common shares, and 357 shares were sold to cover tax obligations triggered by the RSU settlement.

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

Gregory Bowles sold 357 shares of Joby Aviation common stock at $8.87 per share. According to the filing footnote, this sale was specifically to cover taxes owed upon the release and settlement of his restricted stock units.

How many Joby Aviation (JOBY) shares did Gregory Bowles acquire from RSUs?

Gregory Bowles exercised 1,138 restricted stock units (RSUs), each convertible into common stock, at an exercise price of $0.00. These RSUs converted into 1,138 shares of Joby Aviation common stock as part of his equity compensation.

What is Gregory Bowles’ Joby Aviation (JOBY) shareholding after these transactions?

After the RSU conversion and the tax-related sale, Gregory Bowles directly held 179,251 shares of Joby Aviation common stock. This figure reflects his updated direct ownership following the reported April 2026 transactions.

What role does Gregory Bowles hold at Joby Aviation (JOBY) according to the filing?

According to the Form 4, Gregory Bowles serves as Chief Policy Officer of Joby Aviation, Inc. The reported transactions relate to his equity compensation and associated tax obligations tied to restricted stock unit vesting.