Bevirt JoeBen 4
Research Summary
AI-generated summary
Joby (JOBY) CEO JoeBen Bevirt Sells 460,981 Shares for $4.16M
What Happened
- JoeBen Bevirt, CEO & Chief Architect and a director of Joby Aviation (JOBY), reported open-market disposals totaling 460,981 shares on April 15, 2026. The three lots (39,963; 322,018; 99,000) were reported at a weighted average price of $9.03, for total proceeds of $4,162,659. These sales were made pursuant to an approved 10b5-1 trading plan.
Key Details
- Transaction date: April 15, 2026; Form 4 filed April 17, 2026 (appears timely—within the usual two-business-day window).
- Prices: weighted average $9.03; executed in multiple trades at prices ranging $9.00–$9.08 (per filing).
- Lots and reported proceeds:
- 39,963 shares @ $9.03 = $360,866
- 322,018 shares @ $9.03 = $2,907,823
- 99,000 shares @ $9.03 = $893,970
- Shares owned after transaction: not specified in the supplied details (see the full Form 4 for post-transaction beneficial ownership).
- Notable footnotes: sales made under a 10b5-1 plan adopted Oct 10, 2025 (F1); price range disclosure and offer to provide trade-level details on request (F2); several holdings are held of record by trusts or spouse for which Bevirt is trustee or has related family interests (F3–F6).
Context
- These were sales (dispositions), which are often routine and—because they were executed under an existing 10b5-1 plan—were prearranged rather than ad hoc trades. No option exercises, gifts, or purchases were reported in this filing. For complete ownership figures and more granular trade data, consult the full Form 4 filing.