Allison Eric 4
4 · Joby Aviation, Inc. · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
Joby (JOBY) CPO Allison Eric Sells 2,351 Shares
What Happened
Allison Eric, Chief Product Officer at Joby Aviation (JOBY), had RSUs convert into common shares on March 9, 2026 (derivative "M" transactions totaling 4,559 shares: 2,958 + 1,601 at $0). Following the conversion/settlement, 2,351 shares were sold in an open-market transaction on March 10, 2026 at $10.25 per share, generating $24,098 in proceeds. The filing also shows corresponding derivative conversion/disposition entries tied to the RSU settlement.
Key Details
- Transaction dates and prices: RSU conversion/exercise (M) on 2026-03-09 for 2,958 and 1,601 shares at $0; open-market sale (S) of 2,351 shares on 2026-03-10 at $10.25 ($24,098 total).
- Shares acquired via conversion: 4,559 shares (aggregate).
- Shares sold to cover taxes: 2,351 shares sold in the open market (footnote F1 indicates sales to cover tax withholding on RSU settlement).
- Shares owned after transaction: Not disclosed in this Form 4.
- Footnotes: F1 — sale to cover taxes on RSU release; F2 & F3 — describe the RSU awards and vesting/performance schedules (some awards vest based on performance goals and service through vesting dates, with varying multipliers per award).
- Filing timeliness: Report filed 2026-03-11 for a 2026-03-09 report period (filed within the typical two-business-day Form 4 deadline).
Context
These transactions reflect RSU settlement and routine tax-covering sales rather than a cash purchase or an independent decision to sell company stock for investment reasons. The derivative "M" codes indicate conversion/exercise of equity awards (RSUs) into common shares; some of those shares were subsequently sold to satisfy tax withholding requirements.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-03-09+2,958→ 716,226 total - Exercise/Conversion
Common Stock
2026-03-09+1,601→ 717,827 total - Sale
Common Stock
[F1]2026-03-10$10.25/sh−2,351$24,098→ 715,476 total - Exercise/Conversion
Restricted Stock Units (RSUs)
[F2]2026-03-09−2,958→ 0 totalExercise: $0.00→ Common Stock (2,958 underlying) - Exercise/Conversion
Restricted Stock Units (RSUs)
[F3]2026-03-09−1,601→ 1,601 totalExercise: $0.00→ Common Stock (1,601 underlying)
Footnotes (3)
- [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 equal installments on each of on January 12, 2026, February 9, 2026, and March 9, 2026, based on the achievement of specified goals 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.
- [F3]Between 0% and 200% of the award will vest in equal installments on each of on March 9, 2026, and April 7, 2026, based on the achievement of specified goals and subject to the Reporting Person's continued service through the applicable vesting date. Each RSU represents the contingent right to receive up to two shares of Common Stock upon vesting.