Joby Aviation (NYSE: JOBY) CEO sells 596K shares via preset plan
Rhea-AI Filing Summary
Joby Aviation, Inc. (JOBY) reported that CEO and Chief Architect JoeBen Bevirt, through The Joby Trust, completed an open-market sale of 596,667 shares of common stock on August 17, 2026 at a weighted average price of $7.87 per share. The sale was made pursuant to an approved Rule 10b5-1 trading plan adopted on March 5, 2026. Following the sale, The Joby Trust held 57,814,044 shares indirectly, and Bevirt also reported 239,671 shares held directly, plus additional indirect holdings through a descendants trust, a spouse’s trust, and shares held by his spouse.
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Insider Trade Summary 10b5-1
Net Seller: 596,667 shares
Net Sell
5 txns
Insider
Bevirt JoeBen
Role
CEO and Chief Architect
Sold
596,667 shs ($4.70M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2, F3 | 596,667 | $7.87 | $4.70M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock F4 | -- | -- | -- |
| holding | Common Stock F5 | -- | -- | -- |
| holding | Common Stock F6 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 57,814,044 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 $7.76 to $7.95. 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: 596,667 shares
Weighted average sale price: $7.87 per share
Shares held after sale - The Joby Trust: 57,814,044 shares
+4 more
7 metrics
Shares sold
596,667 shares
Common stock sale on August 17, 2026 by The Joby Trust
Weighted average sale price
$7.87 per share
Open-market sale of 596,667 shares, prices ranged from $7.76 to $7.95
Shares held after sale - The Joby Trust
57,814,044 shares
Indirect JOBY common stock holdings reported following the transaction
Direct holdings after transaction
239,671 shares
JOBY common stock held directly by JoeBen Bevirt
Descendants Trust holdings
31,678,802 shares
JOBY common stock held by JoeBen Bevirt 2020 Descendants Trust
Jennifer Barchas Trust holdings
155,737 shares
JOBY common stock held by The Jennifer Barchas Trust
Spouse holdings
189,109 shares
JOBY common stock held of record by the spouse of the reporting person
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, beneficial owner, indirect ownership
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 financial
"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.
indirect ownership financial
"The shares of common stock are held of record by The Joby Trust."
FAQ
What insider transaction did JOBY CEO JoeBen Bevirt report on this Form 4?
JoeBen Bevirt reported that The Joby Trust sold 596,667 JOBY shares on August 17, 2026 in an open-market transaction at a weighted average price of $7.87 per share, according to the Form 4 filing.
Was the August 17, 2026 JOBY stock sale under a Rule 10b5-1 plan?
Yes. The Form 4 states the JOBY share sale was made pursuant to the reporting person’s approved Rule 10b5-1 trading plan, which was adopted on March 5, 2026, indicating the trades were pre-arranged under that plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
