Joby Aviation director's trust sells 62,500 shares
After the transaction, the trust reported 55,578,057 shares; separate reported holdings were 166,744 directly and 50,000 through the Sciarra Foundation.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Joby Aviation, Inc. director Paul Cahill Sciarra reported that the Sciarra Management Trust sold 62,500 common shares on November 2, 2026, at a weighted average price of $4.97 per share. The sale was made under an approved Rule 10b5-1 trading plan adopted on May 14, 2026; prices across the multiple trades ranged from $4.92 to $5.01. The trust reported holding 55,578,057 shares after the sale.
Insider Trade Summary 10b5-1
Net Seller: 62,500 shares
Net Sell
1 txn
Insider
Sciarra Paul Cahill
Role
Director
Sold
62,500 shs ($311K)
Share of Position Sold
0.11%
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2, F3 | 62,500 | $4.97 | $311K |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock F4 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 55,578,057 shares (Indirect, By Sciarra Management Trust);
Common Stock — 166,744 shares (Direct);
Common Stock — 50,000 shares (Indirect, By Sciarra Foundation)
Holdings Before and After:
Common Stock, 55,640,557 to 55,578,057 shares (Indirect, By Sciarra Management Trust)
Other Insiders: 7 other insiders reported open-market sales of this stock in the 30 days up to this filing.
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 $4.92 to $5.01. 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
Common shares sold: 62,500 shares
Weighted average sale price: $4.97 per share
Sale price range: $4.92 to $5.01 per share
+3 more
6 metrics
Common shares sold
62,500 shares
Sciarra Management Trust sale on November 2, 2026
Weighted average sale price
$4.97 per share
Sale on November 2, 2026
Sale price range
$4.92 to $5.01 per share
Prices across multiple trades on November 2, 2026
Sciarra Management Trust shares following transaction
55,578,057 shares
Reported after the November 2, 2026 sale
Direct shares held
166,744 shares
Reported on November 2, 2026
Sciarra Foundation shares held
50,000 shares
Reported on November 2, 2026
Key Terms
10b5-1 trading plan, weighted average sale price, voting and dispositive power, beneficial owner
4 terms
10b5-1 trading plan regulatory
"approved 10b5-1 trading plan adopted on May 14, 2026"
A 10b5-1 trading plan is a pre-arranged strategy that allows company insiders to buy or sell company stock at set times, regardless of their current knowledge about the company's situation. It acts like a scheduled appointment for trading, helping prevent the appearance of impropriety or insider trading. This plan provides a way for insiders to sell or buy shares in a controlled, transparent manner, offering reassurance to investors about fair trading practices.
weighted average sale price financial
"price reported above reflects the weighted average sale price"
voting and dispositive power regulatory
"has voting and dispositive power of the shares held"
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 JOBY holdings were reported after the sale?
The reported positions were 55,578,057 shares held by Sciarra Management Trust, 166,744 shares held directly by Paul Cahill Sciarra, and 50,000 shares held by Sciarra Foundation. The footnotes state that Sciarra has voting and dispositive power over shares held by both entities.
AI-generated analysis. How Rhea-AI works. Not financial advice.
