Joby Aviation (JOBY) CEO Bevirt logs trust stock sales and RSU vesting

Rhea-AI Filing Summary

Joby Aviation CEO and founder JoeBen Bevirt, a director and more than 10% owner, reported multiple stock transactions in February 2026. On February 9, 2026, trusts associated with him sold 121,000 Joby Aviation common shares held by the JoeBen Bevirt 2020 Descendants Trust and 386,182 shares held by The Joby Trust in open‑market transactions at a weighted average price of $10.62 per share under a pre‑approved Rule 10b5‑1 trading plan.

Also on February 9, 2026, 4,371 restricted stock units were exercised into common stock at an exercise price of $0, increasing his directly held common shares to 295,926. On February 10, 2026, he sold 1,590 directly held shares at a weighted average price of $10.55 to cover taxes due upon RSU vesting, leaving 294,336 shares held directly.

Additional indirect holdings reported include 155,737 common shares held by The Jennifer Barchas Trust and 189,109 shares held by his spouse, over which his spouse has voting and dispositive power.

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).

X

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 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)

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)
02/09/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/09/2026		S(1)		121,000	D	$10.62(2)	31,997,802	I	By JoeBen Bevirt 2020 Descendants Trust(3)
Common Stock	02/09/2026		S(1)		386,182	D	$10.62(2)	60,037,596	I	By Joby Trust(4)
Common Stock	02/09/2026		M		4,371	A	$0	295,926	D
Common Stock	02/10/2026		S(5)		1,590	D	$10.55(6)	294,336	D
Common Stock								155,737	I	By Jennifer Barchas Trust(7)
Common Stock								189,109	I	By Spouse(8)

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
Restricted Stock Units (RSUs)	$0	02/09/2026		M			4,371	(9)	(9)	Common Stock	4,371	$0	4,369	D

Explanation of Responses:

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

2. This transaction was executed in multiple trades at prices ranging from $10.32 to $10.73. 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.

3. 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.

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. 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.

6. This transaction was executed in multiple trades at prices ranging from $10.55 to $10.67. 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.

7. 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.

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

9. Represents an award of restricted stock units ("RSUs"). Between 0% and 125% of the award will vest in equal installments on each of on January 12, 2026, February 9, 2026, and March 9, 2026, based on the achievement of specified goals 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	02/11/2026
	** 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.

FAQ

What insider transactions did Joby Aviation (JOBY) report for JoeBen Bevirt?

Joby Aviation CEO JoeBen Bevirt reported open-market sales by associated trusts, a tax-related sale of directly held shares, and conversion of restricted stock units. These transactions adjusted his direct and indirect holdings in Joby Aviation common stock but did not change his executive roles.

How many Joby Aviation shares were sold by trusts linked to JoeBen Bevirt?

Trusts associated with JoeBen Bevirt sold 121,000 Joby Aviation common shares from the JoeBen Bevirt 2020 Descendants Trust and 386,182 shares from The Joby Trust. Both transactions were open-market sales at a weighted average price of $10.62 per share under a 10b5-1 plan.

What RSU activity did Joby Aviation (JOBY) disclose for its CEO?

The filing shows 4,371 restricted stock units were exercised into Joby Aviation common stock at an exercise price of $0. These RSUs are part of a performance-based award scheduled to vest in installments in early 2026, subject to goal achievement and continued service.

Were any of JoeBen Bevirt’s Joby Aviation share sales tax-related?

Yes. The filing states that 1,590 Joby Aviation common shares were sold on February 10, 2026, specifically to cover taxes due upon the release and settlement of RSUs. This tax-withholding sale used a weighted average sale price of $10.55 per share.

What is JoeBen Bevirt’s direct ownership in Joby Aviation after these transactions?

After the reported RSU exercise and subsequent tax-related sale, JoeBen Bevirt directly holds 294,336 Joby Aviation common shares. The filing also lists additional indirect holdings through the JoeBen Bevirt 2020 Descendants Trust, The Joby Trust, The Jennifer Barchas Trust, and his spouse.

What is the significance of the 10b5-1 plan in JoeBen Bevirt’s JOBY stock sales?

The filing explains that certain sales were executed under an approved Rule 10b5-1 trading plan adopted on October 10, 2025. Such plans pre-schedule trades, allowing insiders to sell shares over time according to preset instructions, helping separate trading decisions from later information.