BlackRock (NYSE: BLK) discloses 5.1% beneficial stake in Joby Aviation (JOBY)
Rhea-AI Filing Summary
BlackRock, Inc. reports beneficial ownership of JOBY AVIATION, INC. Class A stock. BlackRock beneficially owns 50,490,855 shares, representing 5.1% of the Class A stock. It has sole voting power over 49,592,884 shares and sole dispositive power over 50,490,855 shares.
The filing states that various underlying persons have rights to dividends or sale proceeds in these shares, but no single person has more than five percent of Joby Aviation’s outstanding common shares.
Positive
- None.
Negative
- None.
Key Figures
Beneficially owned shares: 50,490,855 shares
Percent of class: 5.1 %
Sole voting power: 49,592,884 shares
+3 more
6 metrics
Beneficially owned shares
50,490,855 shares
Class A stock beneficially owned by BlackRock, Inc.
Percent of class
5.1 %
Percentage of Joby Aviation Class A stock reported owned by BlackRock, Inc.
Sole voting power
49,592,884 shares
Shares over which BlackRock, Inc. has sole power to vote
Shared voting power
0
Shares over which BlackRock, Inc. has shared voting power
Sole dispositive power
50,490,855 shares
Shares over which BlackRock, Inc. has sole power to dispose
Shared dispositive power
0
Shares over which BlackRock, Inc. has shared power to dispose
Key Terms
beneficially owned, sole voting power, dispositive power, Schedule 13G, +1 more
5 terms
beneficially owned financial
"this reflects the securities beneficially owned, or deemed to be beneficially owned"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole voting power financial
"Sole Voting Power 49,592,884.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
dispositive power financial
"Sole Dispositive Power 50,490,855.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
Schedule 13G regulatory
"In accordance with SEC Release No. 34-39538 this Schedule 13G reflects"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Power of Attorney regulatory
"Exhibit 24: Power of Attorney"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of JOBY stock does BlackRock, Inc. report owning in this Schedule 13G?
BlackRock, Inc. reports beneficial ownership of 5.1% of JOBY AVIATION, INC. Class A stock, based on 50,490,855 shares beneficially owned as disclosed in the Schedule 13G filing.
What dispositive power does BlackRock report over its JOBY AVIATION, INC. holdings?
BlackRock, Inc. reports sole dispositive power over 50,490,855 JOBY AVIATION, INC. Class A shares and no shared dispositive power, meaning it alone can direct the disposition of these shares.
Do any underlying holders in BlackRock’s JOBY position exceed 5% ownership of JOBY?
The filing states that various persons have rights to dividends or sale proceeds from JOBY shares, but that no one person’s interest exceeds five percent of JOBY AVIATION, INC.’s total outstanding common shares.