Joby Aviation (JOBY) CEO Bevirt details RSU vesting and stock sale
Rhea-AI Filing Summary
Joby Aviation, Inc. insider JoeBen Bevirt, who serves as CEO, Chief Architect, director and a 10% owner, reported equity transactions and updated holdings. On 01/01/2026, restricted stock units (RSUs) converted into 12,978 and 49,801 shares of common stock at an exercise price of $0 per share. On 01/02/2026, he sold 23,552 shares of common stock at $13.51 per share to cover taxes due on the RSU settlement, leaving 288,814 shares held directly.
Bevirt also reports large indirect ownership stakes: 60,423,778 shares held by The Joby Trust, 32,118,802 shares held by the JoeBen Bevirt 2020 Descendants Trust, 189,109 shares held by his spouse, and 155,737 shares held by the Jennifer Barchas Trust. Each RSU represents the right to receive one share of common stock upon vesting, subject to his continued service.
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FAQ
What insider activity did JOBY CEO JoeBen Bevirt report on this Form 4?
JoeBen Bevirt reported the settlement of restricted stock units (RSUs) into 12,978 and 49,801 shares of Joby Aviation common stock on 01/01/2026, and the sale of 23,552 shares on 01/02/2026 at $13.51 per share to cover taxes.
How many JOBY shares does JoeBen Bevirt hold directly after these transactions?
Following the reported transactions, JoeBen Bevirt directly owns 288,814 shares of Joby Aviation common stock.
What indirect JOBY shareholdings are reported for JoeBen Bevirt?
Indirectly, 60,423,778 shares are held by The Joby Trust, 32,118,802 shares by the JoeBen Bevirt 2020 Descendants Trust, 189,109 shares by his spouse, and 155,737 shares by the Jennifer Barchas Trust.
Why did JoeBen Bevirt sell 23,552 shares of Joby Aviation stock?
The filing states the 23,552 shares sold on 01/02/2026 were to cover taxes due upon the release and settlement of RSUs, as required by the RSU award terms.
What are the terms of JoeBen Bevirt’s restricted stock unit (RSU) awards at JOBY?
One RSU award vests in 16 equal installments on each quarterly anniversary of January 1, 2024. Another award vests 10% on each of the first four quarterly anniversaries of January 1, 2022 and 5% on each quarterly anniversary thereafter, in each case subject to his continued service.
What roles does JoeBen Bevirt hold at Joby Aviation, Inc. (JOBY)?
JoeBen Bevirt is reported as a director, 10% owner, and officer of Joby Aviation, serving as CEO and Chief Architect.