Joby Aviation Trust's $2.85M Stock Sale Follows $3.25M Previous Quarter Sales

Rhea-AI Filing Summary

Form 144 Notice of Proposed Sale filed for Joby Aviation (JOBY) indicates a significant insider stock transaction. A trust affiliated with the company plans to sell 333,334 shares of common stock with an aggregate market value of $2,846,672.36. The sale is scheduled for June 23, 2025, through Morgan Stanley Smith Barney LLC on the NYSE.

The securities were originally acquired as Founder's Shares on November 18, 2016. The filing also discloses previous sales by the same entity (SCIARRA MANAGEMENT TRUST) over the past 3 months:

• May 19, 2025: 166,667 shares sold for $1,169,119
• April 21, 2025: 166,667 shares sold for $954,385
• March 24, 2025: 166,667 shares sold for $1,129,769

These transactions appear to be part of a systematic 10b5-1 trading plan. The total shares outstanding for Joby Aviation are reported at 791,798,076.

Positive

• None.

Negative

• Insider selling pattern: Trust associated with founder has sold 500,001 shares worth $3.25M over past 3 months in systematic 10b5-1 sales
• Additional planned sale of 333,334 shares worth $2.85M indicates continued selling pressure from insider

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 06/23/2025 - 04:24 PM Learn about SEC filing dates

FAQ

How many JOBY shares are being sold according to the Form 144 filing from June 2025?

According to the Form 144 filing, 333,334 shares of JOBY common stock are proposed to be sold through Morgan Stanley Smith Barney LLC at an aggregate market value of $2,846,672.36.

What was the trading history of JOBY insider sales in the 3 months prior to June 2025?

The Sciarra Management Trust conducted three 10b5-1 planned sales: 166,667 shares for $1,169,119 on May 19, 2025; 166,667 shares for $954,385.24 on April 21, 2025; and 166,667 shares for $1,129,768.93 on March 24, 2025.

How were the JOBY shares being sold originally acquired by the seller?

The 333,334 shares of JOBY common stock were originally acquired as Founders Shares from the issuer on November 18, 2016.

What is JOBY's total shares outstanding according to the June 2025 Form 144?

According to the Form 144 filing, JOBY has 791,798,076 total shares outstanding.

Which broker is handling the proposed JOBY stock sale in the June 2025 Form 144?

Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York NY 10004, is handling the proposed stock sale.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	333334	2846672.36	791798076	06/23/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	11/18/2016	Founders Shares	Issuer			333334	11/18/2016	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for SCIARRA MANAGEMENT TRUST U/A DTD12/21/2012 333 Encinal Street SANTA CRUZ CA 95060	Common	05/19/2025	166667	1169119.00
10b5-1 Sales for SCIARRA MANAGEMENT TRUST U/A DTD12/21/2012 333 Encinal Street SANTA CRUZ CA 95060	Common	04/21/2025	166667	954385.24
10b5-1 Sales for SCIARRA MANAGEMENT TRUST U/A DTD12/21/2012 333 Encinal Street SANTA CRUZ CA 95060	Common	03/24/2025	166667	1129768.93

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)