Bowles Gregory 4
4 · Joby Aviation, Inc. · Filed Feb 17, 2026
Research Summary
AI-generated summary of this filing
Joby (JOBY) Chief Policy Officer Gregory Bowles Sells 4,464 Shares
What Happened
Gregory Bowles, Chief Policy Officer at Joby Aviation (JOBY), had 14,285 restricted stock units convert to common stock on Feb 12, 2026 (reported as an exercise/conversion, code M, at $0.00). Following the conversion, Bowles sold 4,464 shares in an open-market transaction on Feb 13, 2026 at $9.88 per share for proceeds of $44,104. The conversion and the sale appear to be related to the settlement and tax withholding of RSUs.
Key Details
- Transaction dates and prices:
- 2026-02-12: Conversion/exercise of 14,285 RSU-derived shares at $0.00 (acquired).
- 2026-02-12: Corresponding derivative disposition of 14,285 shares at $0.00 (reporting of RSU settlement).
- 2026-02-13: Open-market sale of 4,464 shares at $9.88 each, total $44,104.
- Footnotes:
- F1: The shares sold (4,464) were sold to cover taxes due upon release/settlement of the RSUs.
- F2: The underlying award is RSUs tied to a 2024 Performance Award Program (0%–125% payout possible, vesting in three annual installments subject to performance and continued service).
- Shares owned after the transactions: not specified in the provided filing extract.
- Timeliness: Filing date is 2026-02-17 for transactions on Feb 12–13; Form 4s are generally due within two business days, so this filing appears to have been submitted late.
Context
This was not a cash purchase (no outlay to acquire shares) — it reflects RSU settlement and a subsequent sale to satisfy tax withholding obligations. Sales to cover taxes are routine and do not necessarily indicate an insider's view on the company's share price.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-02-12+14,285→ 178,749 total - Sale
Common Stock
[F1]2026-02-13$9.88/sh−4,464$44,104→ 174,285 total - Exercise/Conversion
Restricted Stock Units (RSUs)
[F2]2026-02-12−14,285→ 14,286 totalExercise: $0.00→ Common Stock (14,285 underlying)
Footnotes (2)
- [F1]Represents the aggregate number of shares sold by the Reporting Person to cover taxes due upon the release and settlement of the RSUs, as required by the terms of the RSU award.
- [F2]Represents an award of restricted stock units ("RSUs"). Between 0% and 125% of the award will vest in three equal annual installments on the anniversary of February 12, 2024, 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. Each RSU represents the contingent right to receive one share of Common Stock upon vesting.