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Joby Aviation (JOBY) trust plans 65,000-share sale after prior 500,000+ sales

(Neutral)
(Neutral)
Form Type
144

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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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
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.

Who is selling JOBY shares in this Form 144 notice?

The seller is Paul Sciarra as trustee of the Sciarra Management Trust. The trust is the entity associated with the planned sale of 65,000 Joby Aviation common shares and prior Rule 10b5-1 transactions.

How many JOBY shares has the Sciarra Management Trust sold recently?

The trust reports sales of 416,666 shares of Joby Aviation common stock on May 28, 2026 and 83,334 shares on June 1, 2026, for proceeds of $5,008,917 and $991,674.60, respectively, under a Rule 10b5-1 plan.

What securities underlie the planned JOBY share sale in this Form 144?

The planned sale of 65,000 common shares is tied to Series B Preferred securities originally acquired on November 29, 2017 from the issuer. These holdings have since become Joby Aviation common stock covered by the notice.

On what market are the JOBY shares in this Form 144 traded?

The common shares referenced in the filing are listed on NASDAQ. The planned 65,000-share sale, valued at $495,615, is to be executed through Merrill Lynch under this market listing.

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

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Learn about SEC filing dates

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