Bevirt JoeBen 4
4 · Joby Aviation, Inc. · Filed May 15, 2026
Research Summary
AI-generated summary of this filing
Joby (JOBY) CEO JoeBen Bevirt Sells 421,019 Shares
What Happened
- JoeBen Bevirt, Joby Aviation’s CEO, Chief Architect and a director, sold a total of 421,019 shares of JOBY on May 15, 2026 in open-market transactions. The filing reports a weighted average sale price of $10.38, for total proceeds of roughly $4,370,177 (322,019 shares for $3,342,557 and 99,000 shares for $1,027,620). These were outright sales (S), not purchases.
Key Details
- Transaction date: May 15, 2026. Reported weighted average price: $10.38 per share.
- Price range: trades executed at $10.06 to $10.57 (per filing footnote); the $10.38 is the weighted average.
- Total shares sold: 421,019; total reported proceeds ≈ $4.37M.
- Plan and disclosure: Sales were made under Bevirt’s pre-established 10b5-1 trading plan adopted October 10, 2025 (footnote F1).
- Holdings/beneficial ownership: Several remaining shares are held of record by trusts (The Joby Trust; JoeBen Bevirt 2020 Descendants Trust; The Jennifer Barchas Trust) and by his spouse — the filing lists these trust holdings and notes Bevirt is trustee and his spouse may have dispositive power (footnotes F3–F6). The filing excerpt does not specify the post-sale total shares beneficially owned.
- Timeliness: Filing date and report period are both May 15, 2026, indicating a timely Form 4.
Context
- Sales executed under a 10b5-1 plan are pre-arranged trading instructions and are commonly used by insiders to avoid trading based on current material nonpublic information; such sales are often routine and do not necessarily signal a change in insider sentiment.
Insider Transaction Report
Form 4
Bevirt JoeBen
DirectorCEO and Chief Architect
Transactions
- Sale
Common Stock
[F1][F2][F3]2026-05-15$10.38/sh−322,019$3,342,557→ 59,007,377 total(indirect: By Trust) - Sale
Common Stock
[F1][F2][F4]2026-05-15$10.38/sh−99,000$1,027,620→ 31,678,802 total(indirect: By Trust)
Holdings
- 224,823
Common Stock
- 155,737(indirect: By Trust)
Common Stock
[F5] - 189,109(indirect: By Spouse)
Common Stock
[F6]
Footnotes (6)
- [F1]Sale made pursuant to the Reporting Person's approved 10b5-1 trading plan adopted on October 10, 2025.
- [F2]This transaction was executed in multiple trades at prices ranging from $10.06 to $10.57. 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 The Joby Trust. The Reporting Person is the trustee of the Joby Trust and may be deemed to be the beneficial owner of such shares.
- [F4]The shares of common stock are held of record by the JoeBen Bevirt 2020 Descendants Trust, dated December 26, 2020 (the "Descendants Trust"). The Reporting Person is the trustee of the Decendants Trust and may be deemed to be the beneficial owner of such shares.
- [F5]The shares of common stock are held of record by The Jennifer Barchas Trust (the "Barchas Trust"). The spouse of the Reporting Person has voting and dispositive power of the shares held by The Barchas Trust therefore may be deemed to be the beneficial owner of such shares to the extent of her pecuniary interest.
- [F6]The shares of common stock are held of record by the spouse of the Reporting Person.
Signature
/s/ Sarah Slayen, Attorney-in-Fact for JoeBen Bevirt|2026-05-15