Joby Aviation CEO sells 606K shares at $6.19
Joby Aviation CEO JoeBen Bevirt reported a 606,667-share Rule 10b5-1 plan sale while retaining large direct and trust-based JOBY holdings.
Rhea-AI Filing Summary
Joby Aviation, Inc. (JOBY) insider JoeBen Bevirt, CEO and Chief Architect, reported selling 606,667 shares of common stock on September 15, 2026 at a weighted average price of $6.19 per share, in a sale described as taking place in multiple trades between $6.10 and $6.29. The shares were sold from an indirect holding by The Joby Trust, where Bevirt is trustee and may be deemed the beneficial owner, and the transaction was made pursuant to an approved Rule 10b5-1 trading plan adopted on March 5, 2026.
After the sale, the filing reports 57,207,377 shares of common stock held indirectly through The Joby Trust, 31,678,802 shares held indirectly through the JoeBen Bevirt 2020 Descendants Trust, 155,737 shares held indirectly through The Jennifer Barchas Trust, 189,109 shares held indirectly by Bevirt’s spouse, and 239,671 shares held directly.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 606,667 shares
Net Sell
5 txns
Insider
Bevirt JoeBen
Role
CEO and Chief Architect
Sold
606,667 shs ($3.76M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2, F3 | 606,667 | $6.19 | $3.76M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock F4 | -- | -- | -- |
| holding | Common Stock F5 | -- | -- | -- |
| holding | Common Stock F6 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 57,207,377 shares (Indirect, By Joby Trust);
Common Stock — 239,671 shares (Direct);
Common Stock — 31,678,802 shares (Indirect, By JoeBen Bevirt 2020 Descendants Trust);
Common Stock — 155,737 shares (Indirect, By Jennifer Barchas Trust);
Common Stock — 189,109 shares (Indirect, By Spouse)
Footnotes (6)
- F1. Sale made pursuant to the Reporting Person's approved 10b5-1 trading plan adopted on March 5, 2026.
- F2. This transaction was executed in multiple trades at prices ranging from $6.10 to $6.29. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F3. The shares of common stock are held of record by The Joby Trust. The Reporting Person is the trustee of the Joby Trust and may be deemed to be the beneficial owner of such shares.
- F4. The shares of common stock are held of record by the JoeBen Bevirt 2020 Descendants Trust, dated December 26, 2020 (the "Descendants Trust"). The Reporting Person is the trustee of the Decendants Trust and may be deemed to be the beneficial owner of such shares.
- F5. The shares of common stock are held of record by The Jennifer Barchas Trust (the "Barchas Trust"). The spouse of the Reporting Person has voting and dispositive power of the shares held by The Barchas Trust therefore may be deemed to be the beneficial owner of such shares to the extent of her pecuniary interest.
- F6. The shares of common stock are held of record by the spouse of the Reporting Person.
Key Figures
Shares sold: 606,667 shares
Weighted average sale price: $6.19 per share
Sale price range: $6.10–$6.29 per share
+3 more
6 metrics
Shares sold
606,667 shares
Common stock sale on September 15, 2026
Weighted average sale price
$6.19 per share
Common stock sale on September 15, 2026
Sale price range
$6.10–$6.29 per share
Multiple trades comprising the September 15, 2026 sale
Indirect holdings via The Joby Trust
57,207,377 shares
Common stock held indirectly after transactions
Indirect holdings via Descendants Trust
31,678,802 shares
Common stock held indirectly after transactions
Direct holdings
239,671 shares
Common stock held directly after transactions
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, beneficial owner, pecuniary interest
4 terms
Rule 10b5-1 trading plan regulatory
"Sale made pursuant to the Reporting Person's approved 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sale price financial
"The price reported above reflects the weighted average sale price"
beneficial owner regulatory
"may be deemed to be the beneficial owner of such shares"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
pecuniary interest financial
"may be deemed to be the beneficial owner of such shares to the extent of her pecuniary interest"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did JOBY CEO JoeBen Bevirt report on September 15, 2026?
He reported a sale of 606,667 Joby Aviation (JOBY) common shares on September 15, 2026 at a weighted average price of $6.19 per share, executed in multiple trades between $6.10 and $6.29 through The Joby Trust.
Was the JOBY insider sale by JoeBen Bevirt under a Rule 10b5-1 trading plan?
Yes. The filing states the sale was made pursuant to the reporting person’s approved Rule 10b5-1 trading plan adopted on March 5, 2026, and the document-level Rule 10b5-1 checkbox is affirmed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
