Joby Aviation director plans sale of 62,500 shares
Joby Aviation, Inc. (JOBY) director Paul Sciarra has filed a Rule 144 notice indicating an intention to sell 62,500 shares of common stock.
Rhea-AI Filing Summary
Joby Aviation, Inc. (JOBY) director Paul Sciarra has filed a Rule 144 notice indicating an intention to sell 62,500 shares of common stock. The shares are to be sold through Merrill Lynch and have an indicated aggregate market value of $417,318.75, with trading reported on NASDAQ.
The shares relate to securities originally acquired as Series B Preferred on November 29, 2017. The filing also notes that, within the past three months, an affiliated trust completed a 10b5-1 sale of 62,500 common shares on August 13, 2026 for $495,615.
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Key Figures
Shares proposed for sale: 62,500 shares
Aggregate market value of proposed sale: $417,318.75
Shares sold in prior 3 months: 62,500 shares
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6 metrics
Shares proposed for sale
62,500 shares
Common stock covered by the Rule 144 notice
Aggregate market value of proposed sale
$417,318.75
Estimated value of 62,500 common shares under the Rule 144 notice
Shares sold in prior 3 months
62,500 shares
Common stock sold on August 13, 2026 by an affiliated trust
Proceeds from prior sale
$495,615
Total proceeds from the August 13, 2026 10b5-1 sale
Original acquisition date of related securities
November 29, 2017
Acquisition date of Series B Preferred related to the common shares
Planned sale date referenced
September 2, 2026
Date associated with the Rule 144 sale notice
Key Terms
Rule 144, 10b5-1, Series B Preferred
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
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.
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.
FAQ
What does the Form 144 filing disclose for JOBY?
It discloses that director Paul Sciarra has filed a Rule 144 notice indicating an intent to sell 62,500 shares of Joby Aviation common stock through Merrill Lynch, with an indicated aggregate market value of $417,318.75 and trading on NASDAQ.
What prior JOBY stock sales are reported in this Form 144?
The filing reports that an affiliated trust executed a 10b5-1 sale of 62,500 shares of Joby Aviation common stock on August 13, 2026 for total proceeds of $495,615 during the prior three months.
What is the origin of the JOBY securities Paul Sciarra plans to sell?
The securities planned for sale are Joby Aviation common stock related to shares originally acquired as Series B Preferred on November 29, 2017, as described in the securities-to-be-sold section of the notice.
AI-generated analysis. How Rhea-AI works. Not financial advice.