[144] Joby Aviation, Inc. SEC Filing
Rhea-AI Filing Summary
Form 144 notice for Joby Aviation (JOBY) reports a proposed sale of 1,979 common shares through Morgan Stanley Smith Barney with an aggregate market value of $27,943.48. The filing lists the approximate sale date as 09/16/2025 and identifies the securities exchange as the NYSE. The shares were acquired as restricted stock units from the issuer on 09/14/2025. The filing also discloses prior sales by Didier Papadopoulos during the past three months: 5,987 shares on 09/14/2025 for $87,110.85; 5,102 shares on 07/03/2025 under a 10b5-1 plan for $52,454.17; 15,440 shares on 07/02/2025 for $151,620.80; and 4,176 shares on 06/18/2025 under a 10b5-1 plan for $36,936.72. Other standard filer contact and signature fields are present but contain no substantive additional details.
Positive
- Clear disclosure of the proposed sale including broker, share count, aggregate value, exchange, and acquisition details
- Prior sales identified, including transactions executed under 10b5-1 plans, indicating use of structured trading arrangements
Negative
- Insider selling activity by Didier Papadopoulos in the last three months totaling material share counts (e.g., 15,440 on 07/02/2025), which could be perceived negatively by some investors
- Missing plan adoption and signature details in the provided content (dates or signature fields are not substantive), limiting completeness of governance context
Insights
TL;DR Routine insider notice showing recent disposition activity by an insider; no new operational data.
The Form 144 documents a planned sale of 1,979 shares acquired as restricted stock units two days earlier on 09/14/2025, to be executed via Morgan Stanley on NYSE around 09/16/2025. The filing also lists multiple recent dispositions by the same individual, including two executed under 10b5-1 plans. From a market-impact perspective, the amounts reported are small relative to the issuer's outstanding share count of 855,981,489, suggesting limited direct impact on float or valuation. This is a compliance-focused disclosure rather than a signal about company performance.
TL;DR Proper insider disclosure of planned sale and prior transactions; indicates use of trading plans for some sales.
The filing shows the insider represented compliance with Rule 144 and references prior sales, including two transactions identified under 10b5-1 plans, which supports procedural adherence. The acquisition as restricted stock units followed by a near-term sale is explicitly disclosed. The document lacks additional context such as plan adoption dates or signature details in the provided text, but the record of both planned and prior sales aligns with standard insider reporting practices.