Form 4: Joby Aviation Officer Sells Shares After RSU Vesting

Joby Aviation's Chief Policy Officer, Gregory Bowles, reported the vesting of restricted stock units and subsequent sale of shares, including tax-related sales and sales under a 10b5-1 plan.

Summary

• Gregory Bowles, Chief Policy Officer of Joby Aviation, Inc., reported transactions involving company common stock.
• On November 21, 2025, 11,156 Restricted Stock Units (RSUs) vested, converting into common stock at a price of $0.
• Following the vesting, Bowles beneficially owned 167,620 shares of common stock.
• On November 24, 2025, 4,604 shares were sold at $13.31 per share to cover taxes due upon the RSU settlement.
• On November 25, 2025, an additional 3,931 shares were sold at a weighted average price of $13.72 per share, executed under a Rule 10b5-1 trading plan adopted on May 13, 2025.
• After these transactions, Bowles' beneficial ownership of common stock stands at 159,085 shares.
• The RSUs originally vested 16.66% on February 21, 2022, with the remaining 83.34% vesting in 20 quarterly installments thereafter, contingent on continued service.

Sentiment

Score: 5

Explanation: Neutral. This is a standard insider transaction report (Form 4) detailing RSU vesting and subsequent share sales, including tax-related sales and sales under a pre-arranged 10b5-1 plan. It does not inherently indicate positive or negative sentiment regarding the company's performance or future prospects.

Future Outlook

This filing does not provide a future outlook for the company.

Industry Context

This filing is a routine insider transaction report and does not provide information related to broader industry trends or competitors.

Stakeholder Impact

• Shareholders may observe a slight increase in the float due to the sale of shares by an insider, which is a routine event following RSU vesting.

Next Steps

• Continued vesting of remaining Restricted Stock Units in 20 quarterly installments, subject to continued service.

Key Dates

Recommendation

This Form 4 filing details routine insider transactions involving the vesting of Restricted Stock Units (RSUs) and subsequent sales of shares by Joby Aviation's Chief Policy Officer, Gregory Bowles. The sales include those to cover tax obligations and those executed under a pre-arranged 10b5-1 trading plan. Such transactions are common for executives and do not typically signal a change in the company's fundamental outlook or warrant a change in investment recommendation based solely on this filing. Investors should consider broader company performance, industry trends, and financial reports for investment decisions.

Keywords

Joby Aviation, JOBY, Form 4, Insider Trading, Stock Sale, RSU Vesting, Gregory Bowles, Chief Policy Officer, 10b5-1 Plan