Joby Aviation (NYSE: JOBY) CEO reports RSU vesting, tax share sale
Rhea-AI Filing Summary
Joby Aviation CEO JoeBen Bevirt reported equity award activity and a small share sale. On January 12, 2026, he acquired 4,371 shares of common stock at $0 upon settlement of an award of restricted stock units (RSUs), increasing his directly held common stock to 293,185 shares. The RSU award covers 8,740 units, with between 0% and 125% scheduled to vest in equal installments on January 12, 2026, February 9, 2026, and March 9, 2026 based on performance and continued service.
On January 13, 2026, Bevirt sold 1,630 shares of common stock at $14.83 per share to cover taxes due upon RSU settlement, leaving 291,555 directly held shares. He also reports significant indirect holdings through The Joby Trust, the JoeBen Bevirt 2020 Descendants Trust, his spouse, and the Jennifer Barchas Trust, where he or his spouse may be deemed a beneficial owner.
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FAQ
What insider transactions did Joby Aviation (JOBY) report for JoeBen Bevirt in January 2026?
JoeBen Bevirt reported settlement of 4,371 RSUs into common stock at $0 on January 12, 2026, and a sale of 1,630 shares of common stock at $14.83 per share on January 13, 2026 to cover taxes related to the RSU release.
How many Joby Aviation (JOBY) shares does JoeBen Bevirt hold directly after these Form 4 transactions?
After the reported transactions, JoeBen Bevirt directly owns 291,555 shares of Joby Aviation common stock.
What are the terms of JoeBen Bevirts RSU award reported in this Form 4 for JOBY?
The award consists of restricted stock units (RSUs) where between 0% and 125% of the award will vest in equal installments on January 12, 2026, February 9, 2026, and March 9, 2026, based on specified goals and his continued service. Each RSU represents the right to receive one share of common stock upon vesting.
Why did JoeBen Bevirt sell 1,630 Joby Aviation (JOBY) shares on January 13, 2026?
The 1,630 shares sold on January 13, 2026 at $14.83 per share represent the aggregate number of shares sold to cover taxes due upon the release and settlement of the RSUs, as required by the RSU award terms.
What indirect Joby Aviation (JOBY) share holdings are reported for JoeBen Bevirt?
Indirect holdings include common stock held by The Joby Trust, the JoeBen Bevirt 2020 Descendants Trust, his spouse, and the Jennifer Barchas Trust. Bevirt is trustee of certain trusts and may be deemed a beneficial owner, and his spouse has voting and dispositive power for the Jennifer Barchas Trust to the extent of her pecuniary interest.
What roles does JoeBen Bevirt hold at Joby Aviation (JOBY) according to this Form 4?
JoeBen Bevirt is reported as a Director, a 10% Owner, and an Officer of Joby Aviation, with the title CEO and Chief Architect.