STOCK TITAN

Joby Aviation (NYSE: JOBY) CPO sells shares to cover RSU taxes

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

Rhea-AI Filing Summary

Joby Aviation, Inc. Chief Product Officer Eric Allison exercised restricted stock units and sold shares primarily to cover taxes. On April 12, he converted 53,549 RSUs into Common Stock at $0.00 per share and increased his RSU holdings to 160,647 units. On April 13, he sold 27,698 Common Stock shares at a weighted average price of $8.20 per share to satisfy tax obligations tied to the RSU vesting, leaving him with 750,852 Common Stock shares held directly.

Positive

  • None.

Negative

  • None.
Insider Allison Eric
Role Chief Product Officer
Sold 27,698 shs ($227K)
Type Security Shares Price Value
Sale Common Stock 27,698 $8.20 $227K
Exercise Restricted Stock Units (RSUs) 53,549 $0.00 --
Exercise Common Stock 53,549 $0.00 --
Holdings After Transaction: Common Stock — 750,852 shares (Direct); Restricted Stock Units (RSUs) — 160,647 shares (Direct)
Footnotes (1)
  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 $8.20 to $8.30. 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 January 12, 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.
Shares sold 27,698 shares Common Stock sold on April 13, 2026 to cover RSU taxes
Sale price $8.20 per share Weighted average sale price for Common Stock on April 13, 2026
RSUs exercised 53,549 units RSUs converted into Common Stock on April 12, 2026
Common Stock held after 750,852 shares Direct Common Stock holdings following transactions
RSUs held after 160,647 units Remaining restricted stock units after latest vesting
Restricted Stock Units (RSUs) financial
"Represents an award of restricted stock units ("RSUs") that vests with respect to 16.66% 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.
weighted average sale price financial
"The price reported above reflects the weighted average sale price."
open-market sale financial
"Sale in open market or private transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
vests in 20 quarterly installments financial
"and as to the remaining 83.34% in 20 quarterly installments thereafter..."
SEC Form 4
FORM 4UNITED 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*
Allison Eric

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Product Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/12/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock04/12/2026M53,549A$0778,550D
Common Stock04/13/2026S(1)27,698D$8.2(2)750,852D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units (RSUs)$004/12/2026M53,549 (3) (3)Common Stock53,549$0160,647D
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 $8.20 to $8.30. 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. Represents an award of restricted stock units ("RSUs") that vests with respect to 16.66% of the RSUs on January 12, 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 Eric Allison04/14/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transactions did Joby Aviation (JOBY) report for Eric Allison?

Joby Aviation reported that Chief Product Officer Eric Allison exercised 53,549 restricted stock units into Common Stock and sold 27,698 shares. The sale was specifically to cover taxes triggered by the RSU release and settlement, and he continues to hold a substantial direct equity position.

How many Joby Aviation (JOBY) shares did Eric Allison sell, and at what price?

Eric Allison sold 27,698 shares of Joby Aviation Common Stock at a weighted average price of $8.20 per share. The sale occurred through multiple trades in a range from $8.20 to $8.30 and was conducted to cover tax liabilities from RSU vesting.

How many Joby Aviation (JOBY) RSUs did Eric Allison vest and convert?

Eric Allison vested and converted 53,549 restricted stock units into Joby Aviation Common Stock at $0.00 per share. These RSUs are part of a larger award that vests over time, with each RSU representing the right to receive one share of Common Stock upon vesting.

What are Eric Allison’s remaining Joby Aviation (JOBY) share and RSU holdings after these transactions?

After the reported transactions, Eric Allison directly holds 750,852 shares of Joby Aviation Common Stock. He also holds 160,647 restricted stock units, which may convert into additional shares over time as they vest, subject to continued service and award terms.

Why did Eric Allison’s sale of Joby Aviation (JOBY) shares occur after his RSU vesting?

The 27,698-share sale occurred to cover taxes due upon the release and settlement of his RSUs, as required under the RSU award terms. This type of sale is a common, mechanistic way for executives to satisfy withholding obligations tied to equity compensation.

How is the vesting schedule structured for Eric Allison’s Joby Aviation (JOBY) RSUs?

Eric Allison’s RSU award vests 16.66% on January 12, 2022, with the remaining 83.34% vesting in 20 quarterly installments. Continued service through each vesting date is required, and each RSU delivers one share of Joby Aviation Common Stock upon vesting.