Joby Insider Tax Sales
Three Joby Aviation Insiders Sell Shares to Cover Vesting Taxes
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Key Points
1
Gregory Bowles’s RSUs came from three awards: 5,224 units vesting in equal installments over four years from quarterly anniversaries of July 1, 2023; 6,230 units vesting in 16 equal quarterly installments beginning on anniversaries of January 1, 2024; and 5,045 units vesting under a schedule that starts at 5% per quarter for four quarters and then rises to 10% per quarter. Each schedule requires continued service through the vesting date.
2
Bonny W. Simi’s RSU awards included 5,699 units vesting in equal installments over four years from quarterly anniversaries of July 1, 2023, and 10,382 units vesting in 16 equal quarterly installments from anniversaries of January 1, 2024. A separate 5,045-unit award follows a schedule of 5% per quarter for the first four quarters, then 10% per quarter; vesting is subject to continued service.
3
Kate DeHoff’s Form 4 reported acquisitions of 5,224, 8,305 and 5,045 shares upon RSU vesting on October 1, 2026—a combined 18,574 shares. The award footnotes made vesting contingent on continued service.
4
The articles reporting Simi’s and DeHoff’s transactions state that no Rule 10b5-1 trading plan was reported for those sales.
Three Joby Aviation insiders sold a combined 28,128 shares on October 2, 2026, at $5.95 per share to cover taxes owed when their restricted stock units vested. Chief Policy Officer Gregory Bowles sold 7,663 shares, Bonny W. Simi sold 10,890 shares, and Chief Legal Officer Kate DeHoff sold 9,575 shares, according to Stock Titan.
Bowles Unloads 7,663 Shares From Multiple Awards
Gregory Bowles, Joby's Chief Policy Officer, sold 7,663 shares to settle tax obligations tied to three separate restricted stock unit awards. His first award contained 5,224 units vesting equally over four years from July 1, 2023. The second held 6,230 units vesting in 16 equal quarterly installments starting January 1, 2024. A third award of 5,045 units follows a tiered schedule: 5% per quarter for four quarters, then 10% per quarter, Stock Titan reported.
Simi's Sale Covers Vesting From Two Major RSU Grants
Bonny W. Simi sold 10,890 shares on the same date, settling taxes from RSU awards issued at different times. Simi's first grant contained 5,699 units vesting equally over four years starting July 1, 2023. The second award gave 10,382 units vesting in 16 quarterly installments beginning January 1, 2024. A third, smaller award of 5,045 units vests at 5% quarterly for four quarters, then 10% per quarter. Stock Titan noted no Rule 10b5-1 trading plan was in place for this sale.
DeHoff's Tax-Driven Sale Follows October 1 Vesting Event
Kate DeHoff, Chief Legal Officer, received 18,574 shares on October 1, 2026, when her RSUs vested. She then sold 9,575 shares the next day at $5.95 each to cover tax withholding. DeHoff's three awards totaled 5,224, 8,305, and 5,045 units respectively. All three vesting schedules required her continued service at Joby. Like Simi, Stock Titan confirmed DeHoff had no Rule 10b5-1 trading plan filed.
RSU Vesting Creates Automatic Tax Liability for Insiders
When restricted stock units vest, employees owe taxes on the value gained immediately—even if they don't sell shares. Joby insiders sold just enough shares at $5.95 to cover those tax bills. This pattern is standard across tech and aerospace firms. Insiders must report these sales on Form 4 filings within two business days. The October 2 sales represent routine compensation vesting, not concerns about stock direction.
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