Joby Aviation, Inc.: CEO JoeBen Bevirt sold 15,789 shares

What happened

• JoeBen Bevirt, CEO and chief architect (and director), exercised or converted derivative securities on Oct 1, 2026 to acquire 12,978 shares and 17,659 shares at $0.00. The filing also shows corresponding derivative dispositions at $0.00 on Oct 1, 2026. On Oct 2, 2026 he sold 15,789 shares in an open market or private sale at $5.95 per share for $93,945.
• Footnote F1 indicates the 15,789 shares were sold to cover taxes due upon the release and settlement of RSUs.

Key details

• Transaction dates and prices:
  • Oct 1, 2026: exercised/converted derivatives (M) to acquire 12,978 shares @ $0.00.
  • Oct 1, 2026: exercised/converted derivatives (M) to acquire 17,659 shares @ $0.00.
  • Oct 1, 2026: derivative dispositions of 12,978 and 17,659 shares @ $0.00 (reported as disposals of derivative securities).
  • Oct 2, 2026: sale of 15,789 shares @ $5.95 for $93,945.
• Shares owned after the transaction: not reported in the filing.
• Relevant footnotes:
  • F1: sale represents shares sold to cover taxes upon RSU release and settlement.
  • F2–F5: certain shares are held of record by trusts (The Joby Trust, JoeBen Bevirt 2020 Descendants Trust, The Jennifer Barchas Trust, spouse) where the reporting person may be deemed beneficial owner or spouse has voting/dispositive power.
  • F6–F7: RSU awards and vesting schedules described (quarterly vesting schedules).
• Filing timeliness: not indicated in the filing.

Why it may matter

• The filing shows exercise/conversion of derivatives on Oct 1, 2026 and a subsequent sale of shares on Oct 2, 2026 to cover taxes, consistent with cashless withholding on RSU settlement.
  A filing does not show why the insider traded or why the company acted.