STOCK TITAN

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

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Michael N. Thompson Jr., identified as a director of Joby Aviation, Inc. (JOBY), reported a transaction dated 08/11/2025 in which he net exercised private placement warrants. The filing shows 1,730,000 private placement warrants were net exercised at an exercise price indicated as $11.50, and that 1,110,770 shares were withheld in connection with a cashless exercise to pay the aggregate exercise price.

The tables list underlying warrants exercisable as of 09/21/2021 with an expiration of 08/10/2026 and show beneficial ownership amounts following the transactions as 2,663,888 (direct) and 1,553,118 (direct) on the reported lines. The form is limited to the insider transaction details and related withholding information.

Michael N. Thompson Jr., indicato come direttore di Joby Aviation, Inc. (JOBY), ha segnalato una transazione datata 08/11/2025 in cui ha esercitato in modalità netta warrant emessi in collocamento privato. La segnalazione indica che sono stati esercitati 1,730,000 private placement warrants a un prezzo di esercizio indicato pari a $11.50, e che sono state trattenute 1,110,770 azioni nell'ambito di un esercizio cashless per pagare il prezzo aggregato di esercizio.

Le tabelle riportano i warrant sottostanti esercitabili alla data 09/21/2021 con scadenza 08/10/2026 e mostrano gli importi della partecipazione beneficiaria dopo le operazioni come 2,663,888 (dirette) e 1,553,118 (dirette) nelle righe segnalate. Il modulo è limitato ai dettagli della transazione dell'insider e alle informazioni relative alle ritenute.

Michael N. Thompson Jr., identificado como director de Joby Aviation, Inc. (JOBY), informó una transacción con fecha 08/11/2025 en la que ejerció netamente warrants emitidos en una colocación privada. La presentación muestra que se ejercieron 1,730,000 private placement warrants a un precio de ejercicio indicado de $11.50, y que se retuvieron 1,110,770 acciones en relación con un ejercicio sin efectivo para pagar el precio de ejercicio agregado.

Las tablas enumeran los warrants subyacentes ejercitables a fecha 09/21/2021 con vencimiento el 08/10/2026 y muestran los importes de la propiedad beneficiaria tras las operaciones como 2,663,888 (directa) y 1,553,118 (directa) en las líneas reportadas. El formulario se limita a los detalles de la transacción del insider y a la información sobre las retenciones relacionadas.

Michael N. Thompson Jr.Joby Aviation, Inc. (JOBY)의 이사로 표기되어 있으며, 08/11/2025자 거래에서 사모 발행 워런트를 순수(넷) 행사한 것으로 보고했습니다. 신고서에는 1,730,000 private placement warrants가 행사가격 $11.50에 순수 행사되었고, 총 행사가액을 지급하기 위한 무현금(캐시리스) 행사와 관련해 1,110,770주가 차감(보류)되었습니다.

표에는 09/21/2021 기준으로 행사 가능한 기초 워런트가 만기일 08/10/2026으로 기재되어 있으며, 거래 후 실질 보유량이 보고란에 각각 2,663,888(직접) 및 1,553,118(직접)으로 표시되어 있습니다. 해당 양식은 내부자 거래 세부사항 및 관련 주식 차감 정보에 한정됩니다.

Michael N. Thompson Jr., désigné comme administrateur de Joby Aviation, Inc. (JOBY), a déclaré une transaction datée du 08/11/2025 au cours de laquelle il a exercé net des warrants émis dans le cadre d'un placement privé. Le dossier indique que 1,730,000 private placement warrants ont été exercés net au prix d'exercice indiqué de $11.50, et que 1,110,770 actions ont été retenues dans le cadre d'un exercice sans numéraire pour payer le prix d'exercice global.

Les tableaux énumèrent les warrants sous-jacents exerçables au 09/21/2021 et arrivant à échéance le 08/10/2026, et indiquent les montants de détention bénéficiaire après les opérations à 2,663,888 (direct) et 1,553,118 (direct) sur les lignes reportées. Le formulaire se limite aux détails de la transaction de l'initié et aux informations relatives aux retenues.

Michael N. Thompson Jr., ausgewiesen als Direktor von Joby Aviation, Inc. (JOBY), meldete eine Transaktion vom 08/11/2025, bei der er private Placement-Warrants net ausgeübt hat. Die Einreichung zeigt, dass 1,730,000 private placement warrants zu einem Ausübungspreis von $11.50 net ausgeübt wurden und dass 1,110,770 Aktien einbehalten wurden im Zusammenhang mit einer cashless-Ausübung zur Begleichung des gesamten Ausübungspreises.

Die Tabellen listen die zugrundeliegenden Warrants, die ab dem 09/21/2021 ausübbar sind und am 08/10/2026 verfallen, und zeigen die wirtschaftliche Beteiligung nach den Transaktionen mit 2,663,888 (direkt) und 1,553,118 (direkt) in den gemeldeten Zeilen. Das Formular beschränkt sich auf die Details der Insider-Transaktion und die damit verbundenen Einbehaltungen.

Positive
  • Net exercise of 1,730,000 private placement warrants is clearly disclosed
  • Exercise price documented at $11.50 and warrant expiration date provided (08/10/2026)
Negative
  • 1,110,770 shares were withheld in the cashless exercise to satisfy the aggregate exercise price

Insights

TL;DR: Director net exercised 1.73M warrants; transaction appears routine and is disclosed without additional company financial context.

The filing documents a non-cash exercise of 1,730,000 private placement warrants by a director, with 1,110,770 shares withheld to satisfy the exercise consideration. The exercise price is shown as $11.50, and the warrants expire on 08/10/2026. This is a standard insider liquidity/option conversion event and, standing alone, provides limited forward-looking information about Joby’s operations or capital structure beyond the immediate share issuance and withholding details.

TL;DR: Proper Form 4 disclosure of a director's warrant exercise and share withholding; disclosure is routine and compliant in form.

The report names the reporting person as a director and discloses the net exercise mechanics explicitly, including the number of warrants exercised and shares withheld under a cashless exercise. The filing lists post-transaction beneficial ownership figures on the reported lines. From a governance and disclosure perspective, the form provides the required transparency on insider activity, without indicating any governance irregularities or additional context such as trading plans or voting agreements.

Michael N. Thompson Jr., indicato come direttore di Joby Aviation, Inc. (JOBY), ha segnalato una transazione datata 08/11/2025 in cui ha esercitato in modalità netta warrant emessi in collocamento privato. La segnalazione indica che sono stati esercitati 1,730,000 private placement warrants a un prezzo di esercizio indicato pari a $11.50, e che sono state trattenute 1,110,770 azioni nell'ambito di un esercizio cashless per pagare il prezzo aggregato di esercizio.

Le tabelle riportano i warrant sottostanti esercitabili alla data 09/21/2021 con scadenza 08/10/2026 e mostrano gli importi della partecipazione beneficiaria dopo le operazioni come 2,663,888 (dirette) e 1,553,118 (dirette) nelle righe segnalate. Il modulo è limitato ai dettagli della transazione dell'insider e alle informazioni relative alle ritenute.

Michael N. Thompson Jr., identificado como director de Joby Aviation, Inc. (JOBY), informó una transacción con fecha 08/11/2025 en la que ejerció netamente warrants emitidos en una colocación privada. La presentación muestra que se ejercieron 1,730,000 private placement warrants a un precio de ejercicio indicado de $11.50, y que se retuvieron 1,110,770 acciones en relación con un ejercicio sin efectivo para pagar el precio de ejercicio agregado.

Las tablas enumeran los warrants subyacentes ejercitables a fecha 09/21/2021 con vencimiento el 08/10/2026 y muestran los importes de la propiedad beneficiaria tras las operaciones como 2,663,888 (directa) y 1,553,118 (directa) en las líneas reportadas. El formulario se limita a los detalles de la transacción del insider y a la información sobre las retenciones relacionadas.

Michael N. Thompson Jr.Joby Aviation, Inc. (JOBY)의 이사로 표기되어 있으며, 08/11/2025자 거래에서 사모 발행 워런트를 순수(넷) 행사한 것으로 보고했습니다. 신고서에는 1,730,000 private placement warrants가 행사가격 $11.50에 순수 행사되었고, 총 행사가액을 지급하기 위한 무현금(캐시리스) 행사와 관련해 1,110,770주가 차감(보류)되었습니다.

표에는 09/21/2021 기준으로 행사 가능한 기초 워런트가 만기일 08/10/2026으로 기재되어 있으며, 거래 후 실질 보유량이 보고란에 각각 2,663,888(직접) 및 1,553,118(직접)으로 표시되어 있습니다. 해당 양식은 내부자 거래 세부사항 및 관련 주식 차감 정보에 한정됩니다.

Michael N. Thompson Jr., désigné comme administrateur de Joby Aviation, Inc. (JOBY), a déclaré une transaction datée du 08/11/2025 au cours de laquelle il a exercé net des warrants émis dans le cadre d'un placement privé. Le dossier indique que 1,730,000 private placement warrants ont été exercés net au prix d'exercice indiqué de $11.50, et que 1,110,770 actions ont été retenues dans le cadre d'un exercice sans numéraire pour payer le prix d'exercice global.

Les tableaux énumèrent les warrants sous-jacents exerçables au 09/21/2021 et arrivant à échéance le 08/10/2026, et indiquent les montants de détention bénéficiaire après les opérations à 2,663,888 (direct) et 1,553,118 (direct) sur les lignes reportées. Le formulaire se limite aux détails de la transaction de l'initié et aux informations relatives aux retenues.

Michael N. Thompson Jr., ausgewiesen als Direktor von Joby Aviation, Inc. (JOBY), meldete eine Transaktion vom 08/11/2025, bei der er private Placement-Warrants net ausgeübt hat. Die Einreichung zeigt, dass 1,730,000 private placement warrants zu einem Ausübungspreis von $11.50 net ausgeübt wurden und dass 1,110,770 Aktien einbehalten wurden im Zusammenhang mit einer cashless-Ausübung zur Begleichung des gesamten Ausübungspreises.

Die Tabellen listen die zugrundeliegenden Warrants, die ab dem 09/21/2021 ausübbar sind und am 08/10/2026 verfallen, und zeigen die wirtschaftliche Beteiligung nach den Transaktionen mit 2,663,888 (direkt) und 1,553,118 (direkt) in den gemeldeten Zeilen. Das Formular beschränkt sich auf die Details der Insider-Transaktion und die damit verbundenen Einbehaltungen.

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)
08/11/2025
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 08/11/2025 X(1) 1,730,000 A $11.5 2,663,888 D
Common Stock 08/11/2025 J(2) 1,110,770 D $17.91 1,553,118 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
Private Placement Warrants $11.5 08/11/2025 X(1) 1,730,000 09/21/2021 08/10/2026 Common Stock 1,730,000 $0 0 D
Explanation of Responses:
1. On August 11, 2025, the Reporting Person net exercised 1,730,000 private placement warrants.
2. Represents shares withheld in connection with the cashless exercise of warrants to pay the aggregate exercise price.
Remarks:
/s/ Sarah Slayen, Attorney-in-Fact for Michael Thompson 08/11/2025
** 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

Who filed the Form 4 for JOBY?

The filing was made on behalf of Michael N. Thompson Jr., identified as a director of Joby Aviation.

What insider transaction did the JOBY Form 4 report?

The report documents a net exercise of 1,730,000 private placement warrants by the reporting person on 08/11/2025.

How many shares were withheld in the cashless exercise on JOBY Form 4?

The filing states that 1,110,770 shares were withheld to pay the aggregate exercise price in the cashless exercise.

What exercise price and warrant expiry are shown in the JOBY filing?

The private placement warrants list an exercise price of $11.50 and an expiration date of 08/10/2026 in the form.

What beneficial ownership amounts are shown after the reported JOBY transactions?

The tables show post-transaction beneficial ownership figures of 2,663,888 (direct) and 1,553,118 (direct) on the reported lines.
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SANTA CRUZ