[144] Joby Aviation, Inc. SEC Filing
Rhea-AI Filing Summary
Joby Aviation, Inc. (JOBY) Form 144 notifies the SEC of a proposed sale of 3,402 shares of common stock by a person whose securities were acquired as restricted stock units (RSUs) granted under the issuer's 2016 Stock Option and Grant Plan. The filing lists the broker as Morgan Stanley and an approximate sale date of 07/22/2025, with an aggregate market value of $49,519.96. The filing also discloses prior sales by the same person in the past three months totaling 22,611 shares for gross proceeds of $188,349.29. The filer represents there is no undisclosed material adverse information about the issuer.
Positive
- Securities were acquired as Restricted Stock Units under the issuer's 2016 Stock Option and Grant Plan, which is disclosed in the filing
- Filer represents compliance with Rule 144 and attests there is no undisclosed material adverse information
Negative
- Insider has sold shares multiple times during the past three months (totaling 22,611 shares), indicating ongoing disposition of holdings
Insights
TL;DR: Routine insider RSU sale disclosed under Rule 144; amounts are small relative to outstanding shares.
The notice shows a planned sale of 3,402 shares acquired as restricted stock units and cleared for sale under Rule 144, using Morgan Stanley as the broker. The filing also records multiple recent sales by the same individual totaling 22,611 shares and roughly $188,349 in proceeds over the past three months. Given the issuer's stated outstanding share count of 855,981,489, these transactions represent a de minimis portion of the float and are likely routine liquidity events by an insider rather than a material signal about company fundamentals.
TL;DR: Filing complies with disclosure requirements; insider attests no undisclosed material information.
The form explicitly states the securities originated from RSUs under the companys 2016 plan and that the seller certifies lack of any undisclosed material adverse information. Multiple prior sales are itemized, showing adherence to reporting obligations. From a governance perspective, the document demonstrates procedural compliance with Rule 144 and the Exchange Act disclosure for insider transactions.