Joby Aviation (JOBY) director Paul Sciarra’s trust sells 62,500 shares under plan
Rhea-AI Filing Summary
Joby Aviation, Inc. director Paul Cahill Sciarra reported the sale of 62,500 shares of common stock at a weighted average price of $7.96 per share on August 13, 2026. The shares were sold by Sciarra Management Trust, for which he has voting and dispositive power, under an approved Rule 10b5-1 trading plan adopted on May 14, 2026. After this sale, he is reported as beneficially owning 55,765,557 shares indirectly through the trust, 163,971 shares directly, and 50,000 shares indirectly through the Sciarra Foundation.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 62,500 shares
Net Sell
3 txns
Insider
Sciarra Paul Cahill
Role
Director
Sold
62,500 shs ($498K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2, F3 | 62,500 | $7.96 | $498K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock F4 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 55,765,557 shares (Indirect, By Sciarra Management Trust);
Common Stock — 163,971 shares (Direct);
Common Stock — 50,000 shares (Indirect, By Sciarra Foundation)
Footnotes (4)
- F1. Sale made pursuant to the Reporting Person's approved 10b5-1 trading plan adopted on May 14, 2026.
- F2. This transaction was executed in multiple trades at prices ranging from $7.85 to $8.04. 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.
- F3. 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.
- F4. 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.
Key Figures
Shares sold: 62,500 shares
Weighted average sale price: $7.96 per share
Sale price range: $7.85 to $8.04 per share
+3 more
6 metrics
Shares sold
62,500 shares
Common Stock sale on August 13, 2026 by Sciarra Management Trust
Weighted average sale price
$7.96 per share
Reported for the 62,500-share sale on August 13, 2026
Sale price range
$7.85 to $8.04 per share
Price range of multiple trades comprising the 62,500-share sale
Indirect holdings via Sciarra Management Trust
55,765,557 shares
Total common shares beneficially owned indirectly after the sale
Direct holdings
163,971 shares
Common shares held directly by Paul Cahill Sciarra after the transaction date
Indirect holdings via Sciarra Foundation
50,000 shares
Common shares held indirectly through the Sciarra Foundation
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 adopted on May 14, 2026."
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
"therefore 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 Reporting Person has voting and dispositive power of the shares held"
FAQ
What insider transaction did Joby Aviation (JOBY) report for Paul Sciarra?
Joby Aviation director Paul Cahill Sciarra reported a sale of 62,500 JOBY shares on August 13, 2026 at a weighted average price of $7.96 per share through the Sciarra Management Trust.
AI-generated analysis. How Rhea-AI works. Not financial advice.
