Form 4: Joby Aviation Executive Eric Allison Reports Stock Transactions
SEC Form 4 Filing
Eric Allison, Chief Product Officer at Joby Aviation, reports the acquisition and disposal of company 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 12, 2024, Allison acquired 53,549 shares of common stock upon the vesting of restricted stock units (RSUs).
- Also on April 12, 2024, Allison disposed of 53,549 shares to cover taxes due upon the release and settlement of the RSUs.
- On April 15, 2024, Allison sold 19,393 shares of common stock at a price of $4.7 per share.
- Following these transactions, Allison directly owns 422,592 shares of Joby Aviation common stock.
- Allison also directly owns 589,038 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment about the company's performance.
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.
Key Dates
| Date | Description |
|---|---|
| 01/12/2022 | Initial vesting date for 16.66% of the Restricted Stock Units (RSUs). |
| 04/12/2024 | Acquisition of 53,549 shares of common stock through RSU vesting and disposal of 53,549 shares to cover taxes. |
| 04/15/2024 | Sale of 19,393 shares of common stock at $4.7 per share. |
| 04/16/2024 | Date of signature for the Form 4 filing. |
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