Bevirt JoeBen 4

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.