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 April 16, 2024, Allison acquired 6,791 shares of common stock through the vesting of restricted stock units (RSUs).
- Also on April 16, 2024, Allison disposed of 6,791 shares to cover taxes due upon the release and settlement of the RSUs.
- On April 18, 2024, Allison sold 2,467 shares of common stock at a price of $4.64 per share.
- Following these transactions, Allison beneficially owns 392,760 shares of Joby Aviation common stock.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a key executive.
Key Dates
| Date | Description |
|---|---|
| 04/16/2024 | Acquisition of 6,791 shares of common stock through RSU vesting and disposal of 6,791 shares to cover taxes. |
| 04/18/2024 | Sale of 2,467 shares of common stock at $4.64 per share. |
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