4Filed Sep 16, 8:00 PM ET

Joby (JOBY) CEO JoeBen Bevirt Sells 606,667 Shares

$JOBY · Joby Aviation, Inc.

Research Summary

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Joby (JOBY) CEO JoeBen Bevirt Sells 606,667 Shares

What Happened
JoeBen Bevirt, Joby Aviation's CEO and Chief Architect (also a director), sold 606,667 shares of Joby common stock in an open-market sale on September 15, 2026. The weighted-average sale price was $6.19 per share, for proceeds of approximately $3,755,269. This was a sale (not a purchase); sales by insiders can be routine liquidity transactions and do not by themselves indicate a change in company outlook.

Key Details

  • Transaction date: September 15, 2026; Form filed September 17, 2026 (appears timely — filed two days after the trade).
  • Shares sold: 606,667; weighted-average price reported: $6.19; total proceeds: ~$3,755,269.
  • Price range: trades executed at $6.10 to $6.29 (multiple trades; weighted average reported).
  • Plan: Sale executed under an approved 10b5‑1 trading plan adopted March 5, 2026 (Footnote F1).
  • Ownership/beneficial notes: Shares are held of record in various trusts (The Joby Trust; JoeBen Bevirt 2020 Descendants Trust; The Jennifer Barchas Trust) and by the spouse; the reporting person is trustee and may be deemed beneficial owner (Footnotes F3–F6).
  • Filing timeliness: Filing date and report period indicate the Form 4 was filed within the typical two-business-day window (no late-report flag in the provided details).
  • Additional note: The filer offered to provide a breakdown of the number of shares and prices for each trade upon request (Footnote F2).

Context
The sale was made under a pre-arranged 10b5‑1 plan, which generally schedules trades in advance and can limit the informational value of the sale as a signal about the insider’s view. Because shares are held through trusts and one trust is controlled by the spouse, beneficial ownership is structured; that structure is disclosed in the footnotes. As always, insider sales should be considered alongside other information (company fundamentals, other insiders' activity, and market conditions) when forming an investment view.