Joby Aviation (JOBY) director details stock buys and 17.13M indirect shares

Rhea-AI Filing Summary

Joby Aviation, Inc. director Michael Thompson reported small common stock purchases in a Form 4 filing. On 12/31/2025, 550 shares were bought at $13.24 per share in a custodial account for one child and 550 shares at $13.24 per share in a custodial account for a second child, with Thompson serving as custodian. He reports 550 shares beneficially owned after each transaction through indirect ownership for each child and disclaims beneficial ownership of these shares.

Separately, Thompson reports 1,554,018 shares of Joby Aviation common stock held directly and 17,130,000 shares held indirectly through Reinvent Sponsor LLC, where he may be deemed a beneficial owner due to shared control and indirect pecuniary interest, but he disclaims beneficial ownership except to the extent of his pecuniary interest.

Insider Trade Summary

Net Buyer: 1,100 shares ($14,564)

Net Buy 4 txns

Insider Thompson Michael N. Jr.

Role Director

Bought 1,100 shs ($15K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	550	$13.24	$7K
Purchase	Common Stock	550	$13.24	$7K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 550 shares (Indirect, Child 1); Common Stock — 1,554,018 shares (Direct)

Footnotes (1)

1. Reflects the purchase of shares in a custodial account for the child of the Reporting Person established pursuant to the Uniform Transfer to Minors Act, for which the Reporting Person serves as a custodian. The Reporting Person disclaims beneficial ownership of these shares. The securities are directly held by Reinvent Sponsor LLC ("Sponsor"). The Reporting Person may be deemed a beneficial owner of securities held by Sponsor by virtue of his shared control over and indirect pecuniary interest in Sponsor. The Reporting Person disclaims beneficial ownership of the securities held by Sponsor, except to the extent of his pecuniary interest therein.

Form 4 Insider Transactions: What Each Field Means →

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^*

Thompson Michael N. Jr.

(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		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/31/2025

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	12/31/2025		P		550	A	$13.24	550	I	Child 1(1)
Common Stock	12/31/2025		P		550	A	$13.24	550	I	Child 2(1)
Common Stock								1,554,018	D
Common Stock								17,130,000	I	Reinvent Sponsor LLC(2)

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. Reflects the purchase of shares in a custodial account for the child of the Reporting Person established pursuant to the Uniform Transfer to Minors Act, for which the Reporting Person serves as a custodian. The Reporting Person disclaims beneficial ownership of these shares.

2. The securities are directly held by Reinvent Sponsor LLC ("Sponsor"). The Reporting Person may be deemed a beneficial owner of securities held by Sponsor by virtue of his shared control over and indirect pecuniary interest in Sponsor. The Reporting Person disclaims beneficial ownership of the securities held by Sponsor, except to the extent of his pecuniary interest therein.

Remarks:

	/s/ Sarah Slayen, Attorney-in-Fact for Michael Thompson	01/02/2026
	** 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) disclose in this Form 4?

The filing reports two purchases of Joby Aviation common stock on 12/31/2025: 550 shares at $13.24 per share in a custodial account for one child and 550 shares at $13.24 per share in a custodial account for a second child, with the director serving as custodian.

Who is the reporting person in the Joby Aviation (JOBY) Form 4 and what is their role?

The reporting person is Michael Thompson, who is identified in the filing as a director of Joby Aviation, Inc. He filed the Form 4 as a single reporting person.

How many Joby Aviation (JOBY) shares does the director report owning directly and indirectly?

The Form 4 shows 1,554,018 shares of Joby Aviation common stock held directly and 17,130,000 shares held indirectly through Reinvent Sponsor LLC.

What does the Joby Aviation (JOBY) Form 4 say about the children’s custodial accounts?

The filing explains that the 550-share purchases for each child were made in custodial accounts established under the Uniform Transfer to Minors Act, with the director as custodian, and that he disclaims beneficial ownership of these shares.

How is Reinvent Sponsor LLC related to the Joby Aviation (JOBY) director’s holdings?

The Form 4 states that Reinvent Sponsor LLC directly holds 17,130,000 shares of Joby Aviation common stock. The director may be deemed a beneficial owner due to shared control and indirect pecuniary interest, but he disclaims beneficial ownership except to the extent of his pecuniary interest.

Does the Joby Aviation (JOBY) Form 4 mention Rule 10b5-1 trading plans?

The form includes a checkbox to indicate if a transaction was made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c), but the excerpt does not show that box marked for these transactions.