Joby Aviation, Inc. (NYSE: JOBY) CEO Trust Sells 596,666 Shares in Plan Trade
Rhea-AI Filing Summary
Joby Aviation, Inc. insider JoeBen Bevirt, CEO and Chief Architect, reported an indirect sale of 596,666 shares of common stock on July 15, 2026 by The Joby Trust at a weighted average price of $7.75 per share, with individual trades between $7.63 and $8.16. The sale was made pursuant to an approved Rule 10b5-1 trading plan adopted on October 10, 2025. Following this transaction, The Joby Trust holds 58,410,711 shares; additional reported holdings include 239,671 shares held directly, 31,678,802 shares via the JoeBen Bevirt 2020 Descendants Trust, 155,737 shares via The Jennifer Barchas Trust, and 189,109 shares held by Bevirt’s spouse.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 596,666 shares ($4,624,162)
Net Sell
5 txns
Insider
Bevirt JoeBen
Role
CEO and Chief Architect
Sold
596,666 shs ($4.62M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 596,666 | $7.75 | $4.62M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 58,410,711 shares (Indirect, By Joby Trust);
Common Stock — 239,671 shares (Direct)
Footnotes (1)
- Sale made pursuant to the Reporting Person's approved 10b5-1 trading plan adopted on October 10, 2025 . This transaction was executed in multiple trades at prices ranging from $7.63 to $8.16. 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. 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. 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. 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. The shares of common stock are held of record by the spouse of the Reporting Person.
Key Figures
Shares sold: 596,666 shares
Weighted average sale price: $7.75 per share
Post-sale holdings – The Joby Trust: 58,410,711 shares
+5 more
8 metrics
Shares sold
596,666 shares
Common Stock sold indirectly by The Joby Trust on July 15, 2026
Weighted average sale price
$7.75 per share
Reported for the 596,666-share sale; trades ranged from $7.63 to $8.16
Post-sale holdings – The Joby Trust
58,410,711 shares
Indirect holdings of Common Stock by The Joby Trust after the reported sale
Direct holdings
239,671 shares
Common Stock held directly by JoeBen Bevirt after the reported transactions
Holdings – 2020 Descendants Trust
31,678,802 shares
Common Stock held by the JoeBen Bevirt 2020 Descendants Trust
Holdings – Jennifer Barchas Trust
155,737 shares
Common Stock held by The Jennifer Barchas Trust
Holdings – Spouse
189,109 shares
Common Stock held of record by the spouse of the reporting person
10b5-1 plan adoption date
October 10, 2025
Date the Rule 10b5-1 trading plan governing the sale was adopted
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, beneficial owner, voting and dispositive power
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.
voting and dispositive power financial
"The spouse of the Reporting Person has voting and dispositive power of the shares..."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Joby Aviation (JOBY) report for CEO JoeBen Bevirt?
Joby Aviation reported that CEO JoeBen Bevirt, through The Joby Trust, sold 596,666 shares of common stock on July 15, 2026. The transaction was reported as an indirect sale and is accompanied by detailed post-transaction holdings across multiple trusts and direct ownership.
Was the recent JOBY insider sale made under a Rule 10b5-1 trading plan?
Yes. The reported sale of 596,666 shares by The Joby Trust was made under an approved Rule 10b5-1 trading plan. A footnote specifies the plan was adopted on October 10, 2025, indicating the trades were pre-arranged rather than discretionary.