Form 4: Joby Aviation CEO JoeBen Bevirt Reports Stock Transactions
SEC Form 4 Filing
JoeBen Bevirt, CEO of Joby Aviation, reports the acquisition and disposal of common stock and restricted stock units.
Summary
- On February 12, 2025, JoeBen Bevirt acquired 29,761 shares of common stock at $0 and disposed of 10,785 shares on February 13, 2025, at $7.43.
- These transactions involved the release and settlement of Restricted Stock Units (RSUs) and covering taxes due.
- Following these transactions, Bevirt directly owns 793,036 shares and indirectly owns millions more through various trusts and spousal holdings.
- The reported holdings include shares held by The Jennifer Barchas Trust (155,737), The Joby Trust (60,828,414), the JoeBen Bevirt 2020 Descendants Trust (32,325,793), his spouse (189,109), and the JoeBen Bevirt 2022 GRAT Trust (83,666).
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common in publicly traded companies. It provides transparency to investors regarding the actions of key personnel.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the sale of shares by the CEO, but the overall impact is likely minimal given the size of the transactions relative to the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 12/26/2020 | Date of the JoeBen Bevirt 2020 Descendants Trust |
| 02/12/2024 | Anniversary date for RSU vesting |
| 02/12/2025 | Date of common stock acquisition and RSU transaction |
| 02/13/2025 | Date of common stock disposal |
| 02/14/2025 | Date of signature for the Form 4 filing |
Keywords
Joby Aviation, JoeBen Bevirt, Stock Transactions, Form 4, Beneficial Ownership, RSUs, Common Stock
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