Joby Aviation (NYSE: JOBY) awards new RSUs to Chief Policy Officer
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Bowles Gregory
Role
Chief Policy Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (RSUs) | 100,908 | $0.00 | -- |
| Grant/Award | Restricted Stock Units (RSUs) | 201,816 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units (RSUs) — 100,908 shares (Direct)
Footnotes (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. 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.