[144] Joby Aviation, Inc. SEC Filing
Rhea-AI Filing Summary
Form 144 reports a proposed Rule 144 sale of 173,456 common shares through Morgan Stanley Smith Barney with an aggregate market value of approximately $2,992,116, to be sold on the NYSE on or about 08/08/2025. The shares were acquired on 08/08/2025 by stock option exercise and paid for in cash. The filing also discloses recent sales by Bonny Simi totaling 308,272 shares in the past three months (300,000 on 06/30/2025 for $3,237,000 and 8,272 on 07/02/2025 for $81,254.20). The issuer's shares outstanding are listed as 841,499,866.
Positive
- None.
Negative
- None.
Insights
TL;DR: Proposed sale is small relative to the float; acquired via option exercise and routed through a major broker.
The 173,456 shares represent approximately 0.02% of the reported 841,499,866 outstanding shares, indicating the proposed sale is unlikely to be market-moving on its own. The shares were acquired by stock option exercise and will be sold through Morgan Stanley Smith Barney on the NYSE, which is consistent with standard insider liquidity events. Prior insider sales in the past three months total 308,272 shares, also a small fraction of outstanding shares. Overall, this disclosure is routine from a securities-impact perspective.
TL;DR: Insider disclosed sales and the Rule 144 notice include standard representations; filings show no explicit adverse disclosures.
The notice includes the standard attestation that the seller does not possess undisclosed material adverse information and references trading-plan considerations. The transaction arose from a stock option exercise and was paid in cash, suggesting ordinary compensation realization rather than forced liquidity. While insider sales merit monitoring, the sizes disclosed here are small relative to total shares outstanding and present no clear governance red flag based solely on this filing.