[Form 4] Joby Aviation, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Insider sale under trading plan: Joby Aviation Chief Legal Officer and Corporate Secretary Kate DeHoff reported sales of common stock on 09/22/2025 executed under a pre-existing 10b5-1 plan adopted May 13, 2025. The filing shows 52,907 shares sold in the transaction(s) at a weighted average price of $15.76, with trade prices ranging from $15.19 to $16.17. After the reported sale(s), DeHoff beneficially owned 149,369 shares, held directly. The Form 4 was signed by an attorney-in-fact on 09/24/2025 and includes an offer to provide trade-level detail on request.

Positive

• Sale executed under an approved 10b5-1 trading plan, which indicates pre-planned, compliant insider trading activity
• Reporting includes weighted average price and price range ($15.19–$16.17), and offers to provide transaction-level details on request

Negative

• Insider reduced holdings by 52,907 shares, lowering direct beneficial ownership to 149,369 shares

Insights

Corporate Governance Expert

TL;DR: Officer sold shares under an approved 10b5-1 plan; transaction appears routine and compliant.

The sale by the company's Chief Legal Officer was executed pursuant to an established 10b5-1 trading plan, which reduces concerns about opportunistic timing or insider-driven disclosure issues. The filing discloses a weighted average sale price of $15.76 and a volume of 52,907 shares, leaving 149,369 shares beneficially owned. The attestation that detailed trade-level information will be provided on request is standard. From a governance perspective, the transparent use of a trading plan and attorney-in-fact signature indicate procedural compliance rather than a material governance event.

Securities Analyst

TL;DR: Transaction is modest in size and executed under a pre-approved plan; likely neutral for valuation.

The disclosed disposition of 52,907 shares at an average of $15.76 is unlikely to materially affect Joby Aviation's market capitalization given typical public float sizes for listed issuers. Because the sale was made under a 10b5-1 plan adopted on May 13, 2025, it signals pre-planned liquidity rather than reactive insider selling. The remaining beneficial ownership of 149,369 shares confirms continued direct holding by the reporting officer. Impact on investor perception should be limited absent other concurrent material developments.

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).

1. Name and Address of Reporting Person^*

DeHoff Kate

(Last) (First) (Middle)

C/O JOBY AVIATION, INC.

333 ENCINAL STREET

(Street)

SANTA CRUZ CA 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

3. Date of Earliest Transaction (Month/Day/Year)
09/22/2025

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/22/2025		S(1)		52,907	D	$15.76(2)	149,369	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Sale made pursuant to the Reporting Person's approved 10b5-1 trading plan adopted on May 13, 2025.

2. This transaction was executed in multiple trades at prices ranging from $15.19 to $16.17. 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.

Remarks:

Chief Legal Officer and Corporate Secretary

	/s/ Sarah Slayen, Attorney-in-Fact for Kate Dehoff	09/24/2025
	** 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.

FAQ

What did Kate DeHoff report on the JOBY Form 4?

The filing reports the sale of 52,907 common shares on 09/22/2025 under a 10b5-1 plan, at a weighted average price of $15.76.

Was the sale by the JOBY officer part of a trading plan?

Yes. The sale was made pursuant to an approved 10b5-1 trading plan adopted on May 13, 2025.

How many JOBY shares does the reporting person own after the transaction?

After the reported sale(s), the reporting person beneficially owned 149,369 shares, held directly.

What price range and average price were reported for the JOBY sale?

Trades executed at prices ranging from $15.19 to $16.17; the weighted average sale price reported is $15.76.

Who signed the Form 4 for Kate DeHoff?

The Form 4 was signed by Sarah Slayen, Attorney-in-Fact, on 09/24/2025.