Form 4: Joby Aviation Executive Eric Allison Reports Stock Transactions
SEC Filing
Eric Allison, Chief Product Officer at Joby Aviation, reports the acquisition and disposal of common stock and restricted stock units.
Summary
- Eric Allison, Chief Product Officer of Joby Aviation, filed a Form 4 detailing changes in beneficial ownership.
- On July 1, 2024, Allison acquired 4,749 shares of common stock and 8,306 shares of common stock upon the vesting of Restricted Stock Units (RSUs).
- Also on July 1, 2024, 4,749 RSUs vested.
- On July 2, 2024, Allison disposed of 4,732 shares of common stock at a price of $4.96 per share.
- Following these transactions, Allison beneficially owns 401,083 shares of common stock and 116,279 RSUs.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the amounts are relatively small.
Key Dates
| Date | Description |
|---|---|
| 07/01/2023 | Beginning date for quarterly vesting of RSUs. |
| 01/01/2024 | Beginning date for quarterly vesting of RSUs in 16 equal installments. |
| 07/01/2024 | Date of RSU vesting and common stock acquisition. |
| 07/02/2024 | Date of common stock disposal. |
| 07/03/2024 | Date of Form 4 filing. |
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