Joby Aviation (JOBY) trust plans 65,000-share sale after prior 500,000+ sales
Rhea-AI Filing Summary
Joby Aviation insider Paul Sciarra, as trustee of the Sciarra Management Trust, has filed to sell 65,000 shares of common stock through Merrill Lynch, with an indicated value of $495,615, on or after August 13, 2026. The planned sale is connected to Series B Preferred securities originally acquired on November 29, 2017. The trust also reports prior Rule 10b5-1 sales of 416,666 shares for $5,008,917 on May 28, 2026 and 83,334 shares for $991,674.60 on June 1, 2026.
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Key Figures
Planned shares to be sold: 65,000 shares
Planned sale value: $495,615
Past sale shares 05/28/2026: 416,666 shares
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8 metrics
Planned shares to be sold
65,000 shares
Common stock sale planned on or after August 13, 2026
Planned sale value
$495,615
Indicated value for 65,000 common shares
Past sale shares 05/28/2026
416,666 shares
Rule 10b5-1 sale on May 28, 2026
Proceeds 05/28/2026
$5,008,917
Rule 10b5-1 sale on May 28, 2026
Past sale shares 06/01/2026
83,334 shares
Rule 10b5-1 sale on June 1, 2026
Proceeds 06/01/2026
$991,674.60
Rule 10b5-1 sale on June 1, 2026
Original acquisition date
11/29/2017
Series B Preferred originally acquired from issuer
Trading market
NASDAQ
Listing market for the common shares referenced
Key Terms
Form 144, Rule 10b5-1, Series B Preferred, Common stock
4 terms
Form 144 regulatory
"144: Filer Information"
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.
Rule 10b5-1 regulatory
"10b5-1 Sales for PAUL SCIARRA TTEESCIARRA MANAGEMENT TRUST"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
Series B Preferred financial
"Common | 11/29/2017 | Series B Preferred | Issuer"
Series B preferred is a class of ownership created during a later private funding round that gives investors special rights ahead of ordinary shareholders. Think of it like a priority ticket at a crowded exit: holders get paid or reimbursed before common shareholders if the company is sold or winds down, often receive fixed payments or protection against value loss, and typically have options to convert into regular shares; those features affect potential returns and control for investors.
Common stock financial
"Common | Merrill Lynch 1499 Post Road Fairfield CT"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What does the Form 144 filing for JOBY disclose about planned stock sales?
The filing discloses a plan to sell 65,000 shares of Joby Aviation common stock, valued at $495,615, through Merrill Lynch on or after August 13, 2026 by the Sciarra Management Trust.
AI-generated analysis. How Rhea-AI works. Not financial advice.