STOCK TITAN

Sciarra Trust to sell 416,666 JOBY shares via Morgan Stanley (JOBY)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Sciarra Management Trust reported a proposed sale of 416,666 shares of Common Stock on 05/28/2026. The notice lists Morgan Stanley Smith Barney LLC as the broker and indicates the transaction was effected under a 10b5-1 sales arrangement. The filing shows a gross amount of $5,008,917.00.

Positive

  • None.

Negative

  • None.

Insights

Rule 144 notice for an insider-led sale under a 10b5-1 plan.

The filing documents a proposed disposition of 416,666 shares by an entity associated with Paul Sciarra, executed through Morgan Stanley Smith Barney LLC. The sale date is listed as 05/28/2026.

Timing and proceeds are shown in the notice; cash‑flow treatment lists a gross figure of $5,008,917.00. Regulatory compliance signals routine transfer mechanics rather than operational change.

Shares proposed for sale 416,666 shares Sale date <date>05/28/2026</date>
Gross amount shown $5,008,917.00 Associated with the 416,666-share sale
Broker Morgan Stanley Smith Barney LLC Listed as broker on the Form 144 cover entry
Form 144 regulatory
"144: Securities Sold During The Past 3 Months"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
10b5-1 regulatory
"10b5-1 Sales for PAUL SCIARRA TTEESCIARRA MANAGEMENT TRUST"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
Gross amount financial
"416666 | 5008917.00"
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144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What does the JOBY Form 144 filed by Sciarra Management Trust disclose?

It discloses a proposed sale of 416,666 shares of Common Stock with an indicated gross amount of $5,008,917.00, executed through Morgan Stanley Smith Barney LLC and dated 05/28/2026 under a 10b5-1 arrangement.

Who is listed as the broker for the planned sale in the JOBY Form 144?

The filing lists Morgan Stanley Smith Barney LLC at 1 New York Plaza as the broker handling the proposed transaction, indicating the trade method and intermediary but not specifying final execution details.

Does the Form 144 state the sale was under a 10b5-1 plan for JOBY?

Yes. The filing references 10b5-1 Sales for the reporting party (Paul Sciarra Trustee / Sciarra Management Trust), indicating the sale was executed pursuant to a prearranged trading plan on 05/28/2026.

How much gross proceeds are shown for the shares in the JOBY Form 144?

The notice shows a gross amount of $5,008,917.00 tied to the proposed sale of 416,666 shares on 05/28/2026. The filing does not detail net proceeds or allocations.