Joby (JOBY) CEO JoeBen Bevirt Sells 596,667 Shares

What Happened
JoeBen Bevirt, Joby Aviation’s CEO, Chief Architect and a director, sold 596,667 shares of Joby common stock on 2026-08-17. The weighted average sale price was $7.87 per share (range $7.76–$7.95), for total gross proceeds of approximately $4,695,769. This was a sale (not a purchase or option exercise).

Key Details

• Transaction date: August 17, 2026. Report filed August 18, 2026 (timely filing).
• Shares sold: 596,667; weighted-average price: $7.87; price range: $7.76–$7.95. Gross proceeds ≈ $4,695,769.
• Plan/authorization: Sale was executed pursuant to an approved 10b5-1 trading plan adopted March 5, 2026 (footnote).
• Beneficial ownership notes: Some shares are held of record by trusts (The Joby Trust; JoeBen Bevirt 2020 Descendants Trust; The Jennifer Barchas Trust) and by the reporting person’s spouse; the reporting person is trustee for certain trusts (see footnotes).
• Shares owned after transaction: not specified in the Form 4 filing.
• Multiple-trade detail: Transaction executed in multiple trades; weighted average reported; reporting person can provide per-trade details upon request.

Context
Sales made under an approved 10b5-1 plan are pre-scheduled and are common for insiders managing diversification or liquidity; they do not, by themselves, indicate a change in the insider’s view of the company. This was a routine insider sale (code S), not a purchase, grant, or option exercise.