=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-03-09
10b5-1 Pre-arranged Plan: Yes
--- 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: 2026-03-09 | Code: M (Exercise of derivative)
Shares: +2,606 | Price: $0.00
Shares Owned After: 172,966 | Ownership: D (Direct)
[Transaction #2]
Security: Common Stock
Date: 2026-03-09 | Code: M (Exercise of derivative)
Shares: +1,140 | Price: $0.00
Shares Owned After: 174,106 | Ownership: D (Direct)
[Transaction #3]
Security: Common Stock
Date: 2026-03-10 | Code: S (Open market sale)
Shares: -1,172 | Price: $10.25
Total Value: $12,013.00
Shares Owned After: 172,934 | 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.
[Transaction #4]
Security: Common Stock
Date: 2026-03-11 | Code: S (Open market sale)
Shares: -1,075 | Price: $9.90
Total Value: $10,642.50
Shares Owned After: 171,859 | Ownership: D (Direct)
Footnotes:
[F2] Sale made pursuant to the Reporting Person's approved 10b5-1 trading plan adopted on May 13, 2025.
--- Derivative Transactions ---
[Transaction #1]
Security: Restricted Stock Units (RSUs)
Date: 2026-03-09 | Code: M (Exercise of derivative)
Shares: -2,606 | Price: $0.00
Shares Owned After: 0 | Ownership: D (Direct)
Footnotes:
[F3] 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] 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.
[Transaction #2]
Security: Restricted Stock Units (RSUs)
Date: 2026-03-09 | Code: M (Exercise of derivative)
Shares: -1,140 | Price: $0.00
Shares Owned After: 1,138 | Ownership: D (Direct)
Footnotes:
[F4] 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.
[F4] 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.
--- 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: Sale made pursuant to the Reporting Person's approved 10b5-1 trading plan adopted on May 13, 2025.
F3: 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.
F4: 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.
--- Signature ---
/s/ /s/ Sarah Slayen, Attorney-in-Fact for Gregory Bowles (2026-03-11)
