Joby Aviation (JOBY) CEO logs share sales and RSU vesting

Filing Impact

(Very High)

Filing Sentiment

(Very Negative)

Form Type

Rhea-AI Filing Summary

Joby Aviation CEO JoeBen Bevirt reported several stock transactions in February 2026. He exercised 29,762 restricted stock units at $0 and received the same number of common shares. On February 13 he sold 14,456 shares at $9.88 to cover taxes from the RSU settlement.

On February 17, he made additional open-market sales, including 63,636 directly held shares at $9.91, 386,182 shares held by The Joby Trust at $9.91, and 121,000 shares held by the JoeBen Bevirt 2020 Descendants Trust at $9.91, all under a pre-approved 10b5-1 plan.

Insider Trade Summary

Net Seller: 585,274 shares ($5,799,632)

Net Sell 8 txns

Insider Bevirt JoeBen

Role CEO and Chief Architect

Sold 585,274 shs ($5.80M)

Type	Security	Shares	Price	Value
Sale	Common Stock	63,636	$9.91	$631K
Sale	Common Stock	386,182	$9.91	$3.83M
Sale	Common Stock	121,000	$9.91	$1.20M
Sale	Common Stock	14,456	$9.88	$143K
Exercise	Restricted Stock Units (RSUs)	29,762	$0.00	--
Exercise	Common Stock	29,762	$0.00	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 246,006 shares (Direct); Common Stock — 59,651,414 shares (Indirect, By Joby Trust); Restricted Stock Units (RSUs) — 29,762 shares (Direct)

Footnotes (1)

Represents the aggregate number of shares sold by the Reporting Person to cover taxes due upon the release and settlement of the RSUs, as required by the terms of the RSU award. Sale made pursuant to the Reporting Person's approved 10b5-1 trading plan adopted on October 10, 2025. This transaction was executed in multiple trades at prices ranging from $9.63 to $10.14. 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. 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. 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. 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. The shares of common stock are held of record by the spouse of the Reporting Person. Represents an award of restricted stock units ("RSUs"). Between 0% and 125% of the award will vest in three equal annual installments on the anniversary of February 12, 2024, based on the achievement of specified goals under the Joby Aviation, Inc. 2024 Performance Award Program and subject to the Reporting Person's continued service through the applicable vesting date. Each RSU represents the contingent right to receive one share of Common Stock upon vesting.

Form 4 Insider Transactions: What Each Field Means →

02/17/2026 - 06:13 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Bevirt JoeBen

(Last)

(First)

(Middle)

C/O JOBY AVIATION, INC.

333 ENCINAL STREET

(Street)

SANTA CRUZ

95060

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Joby Aviation, Inc. [ JOBY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	CEO and Chief Architect

3. Date of Earliest Transaction (Month/Day/Year)
02/12/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	02/12/2026		M		29,762	A	$0	324,098	D
Common Stock	02/13/2026		S⁽¹⁾		14,456	D	$9.88	309,642	D
Common Stock	02/17/2026		S⁽²⁾		63,636	D	$9.91⁽³⁾	246,006	D
Common Stock	02/17/2026		S⁽²⁾		386,182	D	$9.91⁽³⁾	59,651,414	I	By Joby Trust⁽⁴⁾
Common Stock	02/17/2026		S⁽²⁾		121,000	D	$9.91⁽³⁾	31,876,802	I	By JoeBen Bevirt 2020 Descendants Trust⁽⁵⁾
Common Stock								155,737	I	By Jennifer Barchas Trust⁽⁶⁾
Common Stock								189,109	I	By Spouse⁽⁷⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units (RSUs)	$0	02/12/2026		M			29,762	⁽⁸⁾	⁽⁸⁾	Common Stock	29,762	$0	29,762	D

Explanation of Responses:

1. Represents the aggregate number of shares sold by the Reporting Person to cover taxes due upon the release and settlement of the RSUs, as required by the terms of the RSU award.

2. Sale made pursuant to the Reporting Person's approved 10b5-1 trading plan adopted on October 10, 2025.

3. This transaction was executed in multiple trades at prices ranging from $9.63 to $10.14. 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.

4. 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.

5. 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.

6. 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.

7. The shares of common stock are held of record by the spouse of the Reporting Person.

8. Represents an award of restricted stock units ("RSUs"). Between 0% and 125% of the award will vest in three equal annual installments on the anniversary of February 12, 2024, based on the achievement of specified goals under the Joby Aviation, Inc. 2024 Performance Award Program and subject to the Reporting Person's continued service through the applicable vesting date. Each RSU represents the contingent right to receive one share of Common Stock upon vesting.

Remarks:

	/s/ Sarah Slayen, Attorney-in-Fact for JoeBen Bevirt	02/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider stock transactions did JOBY CEO JoeBen Bevirt report?

JoeBen Bevirt reported exercising 29,762 RSUs into common stock, then selling shares in multiple open-market transactions around $9.9 per share. Some sales involved directly held stock, while others involved shares held by family trusts associated with him.

How many Joby Aviation (JOBY) shares did the CEO sell directly?

JoeBen Bevirt reported direct open-market sales of 14,456 shares at $9.88 on February 13 and 63,636 shares at $9.91 on February 17. These transactions followed the conversion of restricted stock units into common shares earlier in February 2026.

Were any JOBY shares sold by trusts linked to the CEO?

Yes. A trust called The Joby Trust sold 386,182 Joby Aviation shares at $9.91, and the JoeBen Bevirt 2020 Descendants Trust sold 121,000 shares at $9.91. Bevirt is trustee for both trusts and may be deemed a beneficial owner of their holdings.

What RSU activity did Joby Aviation report for its CEO?

The filing shows 29,762 restricted stock units converted into Joby Aviation common stock at an exercise price of $0. These RSUs vest over time based on performance goals under the company’s 2024 Performance Award Program and Bevirt’s continued service with the company.

Why did JoeBen Bevirt sell 14,456 JOBY shares on February 13, 2026?

The filing states that the 14,456-share sale at $9.88 on February 13 represents shares sold to cover taxes due at the release and settlement of RSUs. This sale was required under the terms of his restricted stock unit award.

Was the February 2026 JOBY insider selling under a trading plan?

Yes. The filing explains that the February 17, 2026 sales were made under JoeBen Bevirt’s approved Rule 10b5-1 trading plan, which was adopted on October 10, 2025. Such plans pre-schedule trades to help manage insider trading compliance.