Form 4: Joby Aviation's Chief Product Officer, Eric Allison, Reports Stock Transactions
SEC Form 4 Filing
Eric Allison, Chief Product Officer of Joby Aviation, reports the acquisition and disposal of Joby Aviation common stock and restricted stock units (RSUs) on February 10th and 11th, 2025.
Summary
- On February 10, 2025, Eric Allison, Chief Product Officer of Joby Aviation, acquired 3,090 shares of common stock through the vesting of Restricted Stock Units (RSUs).
- On February 11, 2025, Allison sold 1,155 shares of common stock at an average price of $7.50 to cover taxes due upon the release and settlement of the RSUs.
- Following these transactions, Allison directly owns 574,170 shares of Joby Aviation common stock.
- Allison also holds 6,180 Restricted Stock Units (RSUs).
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Future Outlook
The RSUs vest in installments based on the achievement of specified goals under the Joby Aviation, Inc. 2024 Performance Award Program and subject to the Reporting Person's continued service through the applicable vesting date.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- Shareholders may be interested in the stock transactions of company insiders as an indicator of management's confidence in the company's future prospects.
Key Dates
| Date | Description |
|---|---|
| 02/10/2025 | Date of RSU vesting and acquisition of 3,090 shares of common stock. |
| 02/10/2025 | Date that RSUs become exercisable. |
| 02/11/2025 | Date of sale of 1,155 shares of common stock. |
| 02/12/2025 | Date of signature on the Form 4 filing. |
Keywords
Joby Aviation, Eric Allison, Form 4, Stock Transaction, RSU, Beneficial Ownership, Chief Product Officer
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