=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-04-01
10b5-1 Pre-arranged Plan: No
--- Issuer ---
Name: Joby Aviation, Inc. (JOBY)
CIK: 0001819848
--- Reporting Owner ---
Name: Bowles Gregory
CIK: 0001877894
Role: Officer (Chief Policy Officer)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Common Stock
Date: 2026-04-01 | Code: M (Exercise of derivative)
Shares: +5,224 | Price: $0.00
Shares Owned After: 177,083 | Ownership: D (Direct)
[Transaction #2]
Security: Common Stock
Date: 2026-04-01 | Code: M (Exercise of derivative)
Shares: +6,229 | Price: $0.00
Shares Owned After: 183,312 | Ownership: D (Direct)
[Transaction #3]
Security: Common Stock
Date: 2026-04-01 | Code: M (Exercise of derivative)
Shares: +5,045 | Price: $0.00
Shares Owned After: 188,357 | Ownership: D (Direct)
[Transaction #4]
Security: Common Stock
Date: 2026-04-02 | Code: S (Open market sale)
Shares: -5,167 | Price: $8.15
Total Value: $42,111.05
Shares Owned After: 183,190 | Ownership: D (Direct)
Footnotes:
[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] This transaction was executed in multiple trades at prices ranging from $8.15 to $8.44. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
--- Derivative Transactions ---
[Transaction #1]
Security: Restricted Stock Units (RSUs)
Date: 2026-04-01 | Code: M (Exercise of derivative)
Shares: -5,224 | Price: $0.00
Shares Owned After: 26,121 | Ownership: D (Direct)
Footnotes:
[F3] Represents an award of restricted stock units ("RSUs") that vests in equal installments over four years, on the quarterly anniversary of July 1, 2023, 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] Represents an award of restricted stock units ("RSUs") that vests in equal installments over four years, on the quarterly anniversary of July 1, 2023, 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.
[Transaction #2]
Security: Restricted Stock Units (RSUs)
Date: 2026-04-01 | Code: M (Exercise of derivative)
Shares: -6,229 | Price: $0.00
Shares Owned After: 43,605 | Ownership: D (Direct)
Footnotes:
[F4] Represents an award of restricted stock units ("RSUs") that vest in 16 equal installments on the quarterly anniversary of January 1, 2024, 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.
[F4] Represents an award of restricted stock units ("RSUs") that vest in 16 equal installments on the quarterly anniversary of January 1, 2024, 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.
[Transaction #3]
Security: Restricted Stock Units (RSUs)
Date: 2026-04-01 | Code: M (Exercise of derivative)
Shares: -5,045 | Price: $0.00
Shares Owned After: 95,863 | Ownership: D (Direct)
Footnotes:
[F5] Represents an award of restricted stock units ("RSUs") that vests with respect to 5% of the total number of RSUs on each of the first four quarterly anniversaries of January 1, 2026 and as to 10% of the total number of RSUs on each quarterly anniversary thereafter, 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.
[F5] Represents an award of restricted stock units ("RSUs") that vests with respect to 5% of the total number of RSUs on each of the first four quarterly anniversaries of January 1, 2026 and as to 10% of the total number of RSUs on each quarterly anniversary thereafter, 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.
--- Footnotes (Complete Index) ---
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: This transaction was executed in multiple trades at prices ranging from $8.15 to $8.44. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3: Represents an award of restricted stock units ("RSUs") that vests in equal installments over four years, on the quarterly anniversary of July 1, 2023, 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.
F4: Represents an award of restricted stock units ("RSUs") that vest in 16 equal installments on the quarterly anniversary of January 1, 2024, 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.
F5: Represents an award of restricted stock units ("RSUs") that vests with respect to 5% of the total number of RSUs on each of the first four quarterly anniversaries of January 1, 2026 and as to 10% of the total number of RSUs on each quarterly anniversary thereafter, 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.
--- Signature ---
/s/ /s/ Sarah Slayen, Attorney-in-Fact for Gregory Bowles (2026-04-03)
