Form 4: Joby Aviation's President of Operations, Bonny Simi, Reports Stock Transactions
SEC Form 4
Bonny Simi, President of Operations at Joby Aviation, reports the acquisition and disposal of common stock and restricted stock units (RSUs) on July 1st and 2nd, 2024.
Summary
- Bonny Simi, President of Operations at Joby Aviation, filed a Form 4 detailing changes in beneficial ownership.
- On July 1, 2024, Simi acquired 5,699 shares of common stock and 10,382 shares of common stock through the vesting of Restricted Stock Units (RSUs).
- Also on July 1, 2024, 5,699 RSUs and 10,382 RSUs vested.
- On July 2, 2024, Simi disposed of 8,275 shares of common stock at a price of $4.96 per share.
- Following these transactions, Simi directly owns 212,953 shares of Joby Aviation common stock and 68,389 and 145,348 RSUs.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
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 sale of shares, but the overall impact is likely minimal given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 07/01/2023 | Start date for vesting of 5,699 RSUs in equal quarterly installments over four years. |
| 01/01/2024 | Start date for vesting of 10,382 RSUs in 16 equal quarterly installments. |
| 07/01/2024 | Acquisition of 5,699 and 10,382 shares of common stock through RSU vesting. |
| 07/02/2024 | Disposal of 8,275 shares of common stock at $4.96 per share. |
| 07/03/2024 | Date of Form 4 signature. |
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