Joby Aviation, Inc.·4

Jul 17, 3:24 PM ET

Bevirt JoeBen 4

Research Summary

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Joby CEO JoeBen Bevirt Sells 596,666 Shares

What Happened
JoeBen Bevirt, CEO & Chief Architect and a director of Joby Aviation (JOBY), reported an open-market sale of 596,666 shares of Joby common stock on July 15, 2026. The weighted-average sale price was $7.75 per share, for total proceeds of $4,624,162. This was a sale (S) — not a purchase — and therefore is not itself a bullish signal; it was executed under a pre-approved 10b5-1 trading plan.

Key Details

  • Transaction date: 2026-07-15 (reported on Form 4 filed 2026-07-17). Filing appears timely (Form 4 due within two business days).
  • Shares sold: 596,666; weighted-average price: $7.75; total proceeds: $4,624,162.
  • Price range: executed in multiple trades at $7.63 to $8.16 (weighted average reported). Reporting person can provide trade-by-trade details upon request.
  • Plan: Sale made pursuant to a 10b5-1 plan adopted October 10, 2025.
  • Ownership notes: Shares are held of record in trusts (The Joby Trust; JoeBen Bevirt 2020 Descendants Trust; The Jennifer Barchas Trust; and spouse-held shares). Bevirt is trustee of the listed trusts and may be deemed beneficial owner; spouse has voting/dispositive power over certain trust shares.
  • Shares owned after transaction: Not specified in this filing.

Context
Sales under 10b5-1 plans are prearranged trades allowed under SEC rules and are commonly used by insiders to regularly dispose of shares without effecting contemporaneous trading decisions. The filing provides factual disclosure of the sale and trust holdings but does not indicate the insider’s current view of the company.