The sale was non-discretionary to cover tax obligations from vesting restricted stock units, per SEC filing.
Joby Aviation Chief Product Officer Eric Allison sold 27,932 shares at $7.53 on July 13, 2026, to satisfy tax withholding requirements tied to restricted stock unit vesting. The transaction reduced his direct holdings by 4% but left a substantial equity position intact, including 710,000 directly held shares and 107,000 derivative securities.
The sale followed the stock’s July 13 close at $7.48, with the weighted average price reflecting the SEC Form 4 filing. Joby Aviation, which develops electric vertical takeoff and landing aircraft, reported trailing twelve-month revenue of $77.7 million and a net loss of $957.4 million.
The filing noted the sale was non-discretionary and unrelated to the company’s operational performance or outlook.