Form 4: Joby Aviation CPO's Routine Stock Transactions

Joby Aviation's Chief Product Officer, Eric Allison, reported routine stock transactions involving RSU vesting and a tax-related share sale.

Summary

• Eric Allison, Chief Product Officer of Joby Aviation, Inc. (JOBY), reported changes in beneficial ownership of common stock.
• Transactions occurred on January 1, 2026, and January 2, 2026, and were made pursuant to a Rule 10b5-1 plan.
• On January 1, 2026, Allison acquired 8,306 shares of common stock upon the vesting of restricted stock units (RSUs) at a price of $0.
• Also on January 1, 2026, Allison acquired an additional 4,749 shares of common stock from the vesting of other RSUs at a price of $0.
• On January 2, 2026, Allison disposed of 5,447 shares of common stock at a price of $13.51 per share.
• This disposition represents shares sold to cover taxes due upon the release and settlement of the RSUs, as required by the award terms.
• Following these transactions, Allison beneficially owns 667,588 shares of Joby Aviation common stock.
• Remaining unvested RSUs include 66,445 from an award vesting quarterly from January 1, 2024, and 28,496 from an award vesting quarterly from July 1, 2023.

Sentiment

Score: 5

Explanation: The filing reports routine insider transactions (RSU vesting and tax-related sales) executed under a 10b5-1 plan, which are generally considered neutral events.

Positives

• The transactions were executed under a Rule 10b5-1 plan, indicating pre-planned, non-discretionary sales.
• The officer continues to hold a significant number of shares (667,588), demonstrating ongoing alignment with shareholder interests.
• RSU vesting indicates the officer's continued service to the company.

Negatives

• A portion of the shares (5,447) was sold, reducing the officer's direct ownership, even if for tax purposes.

Future Outlook

N/A

Industry Context

N/A

Stakeholder Impact

• Shareholders: Minor impact, as it's a routine, pre-planned transaction by an executive, not indicative of a change in company fundamentals or executive confidence.
• Employees: No direct impact mentioned.

Next Steps

• Continued vesting of remaining restricted stock units (RSUs) on quarterly anniversaries, subject to continued service.

Key Dates

Keywords

Joby Aviation, JOBY, Eric Allison, Chief Product Officer, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Stock Sale, 10b5-1 Plan