Joby Aviation (NYSE: JOBY) CPO sells shares to cover RSU taxes
Filing Impact
Filing Sentiment
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 Trade Summary
Net Seller: 27,698 shares ($227,124)
Net Sell
3 txns
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)
- 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.
Key Figures
Shares sold: 27,698 shares
Sale price: $8.20 per share
RSUs exercised: 53,549 units
+2 more
5 metrics
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
Key Terms
Restricted Stock Units (RSUs), weighted average sale price, open-market sale, vests in 20 quarterly installments
4 terms
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..."
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) 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.
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.