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

Rhea-AI Filing Summary

Paul Sciarra, a director of Joby Aviation, Inc. (JOBY), reported an insider sale on 08/25/2025. The Form 4 shows a sale of 500,001 shares of Joby common stock executed under an approved 10b5-1 trading plan adopted June 27, 2024, at a weighted average price of $14.35 per share (trades ranged from $14.22 to $14.81). The filing indicates the Reporting Person may be deemed the beneficial owner of 56,828,058 shares held of record by Sciarra Management Trust and also discloses 139,878 shares directly and 50,000 shares indirectly held by the Sciarra Foundation. The filer certified the ability to provide detailed trade-level prices and quantities upon request.

Positive

• Sale executed under an approved 10b5-1 trading plan, indicating pre-established authorization
• Weighted average sale price disclosed ($14.35) and execution price range provided ($14.22–$14.81)
• Reporting Person retains substantial beneficial ownership (56,828,058 shares) via Sciarra Management Trust
• Offer to provide full trade-level details upon request, supporting transparency

Negative

• Insider disposed of 500,001 shares, which is a material block of shares reported on Form 4

Insights

Securities Analyst

TL;DR: Routine director sale under a pre-established 10b5-1 plan; substantial indirect holdings remain.

The sale of 500,001 shares was executed pursuant to a 10b5-1 plan, which indicates pre-planned timing rather than an opportunistic trade. The reported weighted average sale price is $14.35 with execution prices between $14.22 and $14.81. The filer continues to be a significant beneficial owner with 56,828,058 shares held via Sciarra Management Trust, suggesting the sale did not eliminate substantial ownership. From a disclosure perspective, the filer also offers to provide detailed trade-level data to regulators or holders, which supports transparency.

Corporate Governance Expert

TL;DR: Governance-compliant disclosure showing an officer/director sale under an approved trading plan.

The Form 4 clearly marks the transaction as executed under an approved 10b5-1 plan adopted June 27, 2024, and includes an attorney-in-fact signature, indicating procedural compliance. The filing identifies direct and indirect holdings through a management trust and foundation and explains the reporter's voting and dispositive power. This level of detail aligns with standard Section 16 reporting requirements and provides stakeholders with the necessary record of the insider disposition.

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).

X

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^*

Sciarra Paul Cahill

(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)
08/25/2025

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	08/25/2025		S(1)		500,001	D	$14.35(2)	56,828,058	I	By Sciarra Management Trust(3)
Common Stock								139,878	D
Common Stock								50,000	I	By Sciarra Foundation(4)

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. Sale made pursuant to the Reporting Person's approved 10b5-1 trading plan adopted on June 27, 2024.

2. This transaction was executed in multiple trades at prices ranging from $14.22 to $14.81. 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.

3. The shares of common stock are held of record by Sciarra Management Trust. The Reporting Person has voting and dispositive power of the shares held by Sciarra Management Trust therefore may be deemed to be the beneficial owner of such shares.

4. The shares of common stock are held of record by the Sciarra Foundation. The Reporting Person has voting and dispositive power of the shares held by the Sciarra Foundation therefore may be deemed to be the beneficial owner of such shares.

Remarks:

	/s/ Kate DeHoff, Attorney-in-Fact for Paul Sciarra	08/25/2025
	** 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

What insider transaction did Paul Sciarra report for JOBY?

The Form 4 reports a sale of 500,001 shares of Joby Aviation common stock on 08/25/2025 executed under a 10b5-1 plan.

At what price were the JOBY shares sold by the reporting person?

The transaction was reported at a weighted average price of $14.35 per share with individual trades ranging from $14.22 to $14.81.

How many JOBY shares does Paul Sciarra beneficially own after the sale?

The filing indicates 56,828,058 shares beneficially owned indirectly via Sciarra Management Trust, plus 139,878 shares directly and 50,000 shares indirectly via the Sciarra Foundation as disclosed.

Was the sale part of a pre-approved trading plan for JOBY insiders?

Yes. The Form 4 states the sale was made pursuant to a 10b5-1 trading plan adopted on June 27, 2024.

Who signed the Form 4 filing for Paul Sciarra?

The filing was signed by Kate DeHoff, Attorney-in-Fact for Paul Sciarra on 08/25/2025.