Joby Aviation Inc SEC Filings

Joby Aviation insider award and ownership update: Director Tetsuo Ogawa was granted 818 Restricted Stock Units (RSUs) on 10/05/2025. The filing states each RSU converts to one share and the RSUs were fully vested on the grant date, with a reported acquisition price of $0. After this transaction, Mr. Ogawa beneficially owns 63,645 shares of common stock. The Form 4 was signed by an attorney-in-fact on behalf of Mr. Ogawa on 10/07/2025. The report indicates the filing was submitted by one reporting person and classifies the holder as a director.

Michael N. Thompson Jr., a director of Joby Aviation, Inc. (JOBY), reported the grant and deferral of 900 restricted stock units (RSUs) on 10/05/2025. The RSUs were fully vested on the grant date and were deferred under the company's Non-Employee Director Compensation Program, so no cash changed hands (price $0). After the transaction the reporting person directly beneficially owned 1,554,018 shares. In addition, Reinvent Sponsor LLC holds 17,130,000 shares; Thompson may be deemed to have indirect beneficial ownership through shared control but disclaims ownership except for his pecuniary interest.

Dipender Saluja, a director of Joby Aviation, Inc. (JOBY), reported receiving 900 restricted stock units (RSUs) on 10/05/2025. The RSUs are fully vested on the grant date and represent a contingent right to receive one share per RSU, with an exercise/issuance price of $0. After the grant, the filing shows the reporting person directly beneficially owns 144,274 shares and indirectly holds additional stakes through affiliated entities: 28,686,247 shares via Technology Impact Fund, L.P., 9,598,884 shares via Capricorn-Libra Investment Group, L.P., and 2,075,460 shares via Technology Impact Growth Fund, LP. The Form 4 was signed by an attorney-in-fact on 10/07/2025.

Paul Sciarra, a director of Joby Aviation, Inc. (JOBY), reported the grant and immediate vesting of 818 restricted stock units (RSUs) on 10/05/2025. The RSUs were issued at no cash price ($0) and converted into direct ownership of 818 shares on the grant date. After the transaction, the Reporting Person directly beneficially owns 140,696 shares and indirectly holds 56,328,057 shares through two entities: Sciarra Management Trust and Sciarra Foundation. The filing was signed by an attorney-in-fact on 10/07/2025.

Joby Aviation, Inc. (JOBY) filed a prospectus supplement for a securities offering that discloses potential issuance and dilution from multiple sources and significant transactional contingencies. The company may grant an underwriter an option to buy up to $75,000,000 of additional shares and discloses reserved and issuable shares including 14,569,368 shares for an ESPP, 41,616,366 issuable on outstanding warrants, 7,059,395 for an ATM distribution agreement, and up to 49,701,789 shares tied to the second tranche of the amended Toyota Purchase Agreement.

The supplement confirms the company issued 5,325,585 shares on August 29, 2025 as partial consideration under the Blade Purchase Agreement and states the remaining $45.0 million in Blade consideration may be paid in cash or stock, with any stock priced at the 10-day VWAP prior to the payment obligation. The Toyota Investment closing is subject to conditions and may not occur as anticipated, which the company warns could materially affect liquidity. The company does not anticipate paying dividends and emphasizes management discretion over offering proceeds and immediate dilution to new investors.

Joby Aviation (JOBY) officer Eric Allison reported RSU settlements and a related share sale. On 10/01/2025, RSUs converted into 8,306 and 4,749 shares of common stock at $0 per share. On 10/02/2025, he sold 6,715 shares at $16.78 per share, which the filing notes was to cover taxes due upon RSU settlement.

Following these transactions, directly held common stock totaled 666,416 shares. Remaining unvested derivative holdings included 74,751 and 33,245 RSUs tied to awards vesting quarterly from January 1, 2024 and from July 1, 2023, respectively, subject to continued service.

JoeBen Bevirt, Joby Aviation (JOBY) CEO and director, reported multiple transactions on 10/01/2025 and 10/02/2025 including sales under an approved 10b5-1 plan and share transfers related to RSU vesting. The filing shows a weighted-average sale price of $16.29 for aggregated sales of 253,600 and 172,400 shares (reported separately) and an additional sale of 32,284 shares at $16.78 to cover taxes on RSU settlement. After these transactions, the reporting person beneficially owns 60,273,162 shares indirectly through the Joby Trust and holds various other indirect interests via family and grantor trusts. The report also discloses the receipt and vesting of RSUs totaling 62,778 shares that converted to common stock.

Gregory Bowles, Chief Policy Officer of Joby Aviation, Inc. (JOBY), reported activity in Form 4 showing new restricted stock unit awards and share sales tied to vesting and an approved trading plan. On 10/01/2025 and 10/02/2025 he received two RSU awards of 6,229 and 5,224 units, respectively, which convert to common stock upon vesting under specified quarterly schedules. To cover taxes on RSU settlement, 3,493 shares were sold on 10/02/2025. Under an approved 10b5-1 plan adopted May 13, 2025, an additional 4,776 shares were sold on 10/03/2025 at a weighted average price of $18.09 (range $17.65–$18.57). Following these transactions, Bowles beneficially owned 156,464 shares.

Didier Papadopoulos, listed as President of Aircraft OEM at Joby Aviation (JOBY), reported RSU vesting and subsequent share sales in early October 2025. On 10/01/2025 three RSU awards vested (for 12,459, 7,598 and 9,960 RSUs) and converted into common stock. To satisfy tax withholding on the RSU releases, the reporting person sold 15,439 shares on 10/02/2025 at an average price of $16.78. A separate sale under a previously adopted 10b5-1 plan occurred on 10/03/2025 for 5,102 shares at a weighted average of $18.08. After these transactions, the filing shows total beneficial ownership of 98,104 shares.