Joby Aviation (JOBY) CEO and 10% owner details trust stock moves
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Joby Aviation’s CEO and founder JoeBen Bevirt, who is also a director and 10% owner, reported internal share transfers involving family trusts. On 12/19/2025, 83,666 shares of common stock were distributed by the JoeBen Bevirt 2022 GRAT Trust to its beneficiaries at a reported price of $0, described as a distribution under the trust’s terms. On 12/22/2025, 6,375 shares of common stock were transferred at $0 from The Joby Trust, with Bevirt identified as trustee. Following these transactions, he continues to report large indirect beneficial holdings through multiple vehicles, including The Joby Trust, the JoeBen Bevirt 2020 Descendants Trust, his spouse, and the Jennifer Barchas Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
90,041 shares gifted
Mixed
6 txns
Insider
Bevirt JoeBen
Role
CEO and Chief Architect
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 6,375 | $0.00 | -- |
| Gift | Common Stock | 83,666 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 60,423,778 shares (Indirect, By Joby Trust);
Common Stock — 249,587 shares (Direct)
Footnotes (1)
- Reflects a distribution of shares by the JoeBen Bevirt 2022 GRAT Trust to the beneficiaries thereof, pursuant to the terms of the trust. The shares of common stock are held of record by the JoeBen Bevirt 2022 GRAT Trust (the "2022 GRAT Trust"). The Reporting Person has voting and dispositive power of the shares held by the 2022 GRAT Trust therefore may be deemed to be the beneficial owner of such shares to the extent of his pecuniary interest. 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 spouse of the Reporting Person. 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.
FAQ
What insider transaction did Joby Aviation (JOBY) disclose in this Form 4?
The filing reports that CEO, director and 10% owner JoeBen Bevirt recorded internal transfers of Joby Aviation common stock involving his family trusts, including a distribution of shares from the 2022 GRAT Trust and a transfer from The Joby Trust, both at a reported price of $0 per share.
What does transaction code G mean in this Joby Aviation (JOBY) Form 4?
The Form 4 uses transaction code G for the reported movements of Joby Aviation common stock. The explanation states that the 83,666-share entry reflects a distribution of shares by the JoeBen Bevirt 2022 GRAT Trust to its beneficiaries under the trust’s terms, aligning with a gift or similar transfer classification.
Are these Joby Aviation (JOBY) insider transactions open market sales?
No open market sales are indicated. The reported Joby Aviation transactions show a $0 price and are described as distributions and transfers involving family trusts and related entities, rather than purchases or sales on the open market.
What roles does JoeBen Bevirt hold at Joby Aviation (JOBY) according to this filing?
The Form 4 identifies JoeBen Bevirt as a Director, a 10% Owner, and an Officer of Joby Aviation, Inc., with the officer title listed as CEO and Chief Architect.