Joby Aviation CEO sells 15,789 shares to cover taxes
The reported sale covered taxes due on RSU settlement; separate records list shares held through trusts and by Bevirt’s spouse.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Joby Aviation, Inc. CEO and Chief Architect JoeBen Bevirt reported that 12,978 and 17,659 restricted stock units settled into the same number of common shares on October 1, 2026. On October 2, he sold 15,789 shares at $5.95 per share to cover taxes due upon RSU release and settlement, as required by the award terms. Separate indirect holdings reported for October 1 included 57,207,377 shares held of record by The Joby Trust and 31,678,802 by JoeBen Bevirt 2020 Descendants Trust.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
9 txns
Insider
Bevirt JoeBen
Role
CEO and Chief Architect
Sold
15,789 shs ($94K)
Approx. gross sale proceeds
$94K
Approx. exercise cost
$0.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 15,789 | $5.95 | $94K |
| Exercise | Restricted Stock Units (RSUs) F6 | 12,978 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units (RSUs) F7 | 17,659 | $0.00 | $0.00 |
| Exercise | Common Stock | 12,978 | $0.00 | $0.00 |
| Exercise | Common Stock | 17,659 | $0.00 | $0.00 |
| holding | Common Stock F2 | -- | -- | -- |
| holding | Common Stock F3 | -- | -- | -- |
| holding | Common Stock F4 | -- | -- | -- |
| holding | Common Stock F5 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units (RSUs) — 365,089 contracts (Direct);
Common Stock — 254,519 shares (Direct);
Common Stock — 57,207,377 shares (Indirect, By Joby Trust);
Common Stock — 31,678,802 shares (Indirect, By JoeBen Bevirt 2020 Descendants Trust);
Common Stock — 155,737 shares (Indirect, By Jennifer Barchas Trust);
Common Stock — 189,109 shares (Indirect, By Spouse)
Footnotes (7)
- F1. Represents the aggregate number of shares sold by the Reporting Person to cover taxes due upon the release and settlement of the RSUs, as required by the terms of the RSU award.
- F2. 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.
- F3. 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.
- F4. 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.
- F5. The shares of common stock are held of record by the spouse of the Reporting Person.
- F6. Represents an award of restricted stock units ("RSUs") that vest in 16 equal installments on the quarterly anniversary of January 1, 2024, subject to the Reporting Person's continued service through the applicable vesting date. Each RSU represents the contingent right to receive one share of Common Stock upon vesting.
- F7. Represents an award of restricted stock units ("RSUs") that vests with respect to 5% of the total number of RSUs on each of the first four quarterly anniversaries of January 1, 2026 and as to 10% of the total number of RSUs on each quarterly anniversary thereafter, subject to the Reporting Person's continued service through the applicable vesting date. Each RSU represents the contingent right to receive one share of Common Stock upon vesting.
Key Figures
Common shares sold: 15,789 shares
Sale price: $5.95 per share
Common shares acquired upon RSU settlement: 12,978 shares
+5 more
8 metrics
Common shares sold
15,789 shares
October 2, 2026; sale to cover taxes due upon RSU release and settlement
Sale price
$5.95 per share
October 2, 2026
Common shares acquired upon RSU settlement
12,978 shares
October 1, 2026
Common shares acquired upon RSU settlement
17,659 shares
October 1, 2026
Shares held of record by The Joby Trust
57,207,377 shares
As of October 1, 2026; JoeBen Bevirt is trustee and may be deemed a beneficial owner
Shares held of record by JoeBen Bevirt 2020 Descendants Trust
31,678,802 shares
As of October 1, 2026; JoeBen Bevirt is trustee and may be deemed a beneficial owner
Shares held of record by The Jennifer Barchas Trust
155,737 shares
As of October 1, 2026; Bevirt’s spouse has voting and dispositive power and may be deemed a beneficial owner to the extent of her pecuniary interest
Shares held by Bevirt’s spouse
189,109 shares
As of October 1, 2026
Key Terms
restricted stock units ("RSUs"), contingent right, beneficial owner
3 terms
restricted stock units ("RSUs") financial
"award of restricted stock units ("RSUs")"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
contingent right financial
"contingent right to receive one share of Common Stock upon vesting"
beneficial owner regulatory
"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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What were the vesting terms for JoeBen Bevirt’s JOBY RSUs?
The 12,978-RSU award vests in 16 equal installments on the quarterly anniversary of January 1, 2024, subject to continued service. The 17,659-RSU award vests 5% on each of the first four quarterly anniversaries of January 1, 2026, and 10% on each quarterly anniversary thereafter, also subject to continued service. Each RSU represents the contingent right to receive one common share upon vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
