Form 4: Joby Aviation CEO JoeBen Bevirt Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


JoeBen Bevirt, CEO of Joby Aviation, reports the acquisition and disposal of common stock and the vesting of restricted stock units.

Summary

  • On April 16, 2024, JoeBen Bevirt, CEO of Joby Aviation, acquired 15,042 shares of common stock through the vesting of restricted stock units (RSUs).
  • On April 18, 2024, Bevirt disposed of 5,448 shares of common stock at a price of $4.64 per share.
  • These transactions resulted in Bevirt directly owning 662,605 shares of common stock.
  • Bevirt also has indirect ownership through various trusts, including the Jennifer Barchas Trust (155,737 shares), the JoeBen Bevirt 2020 Descendants Trust (32,774,274 shares), his spouse (189,109 shares), the Joby Trust (58,507,344 shares), and the JoeBen Bevirt 2022 GRAT Trust (2,717,177 shares).

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, reporting stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel and their holdings in the company.

Stakeholder Impact

  • The reported transactions may be of interest to shareholders as they provide insight into the CEO's trading activity and ownership stake in the company.

Key Dates

DateDescription
12/26/2020Date of the JoeBen Bevirt 2020 Descendants Trust
04/16/2024Acquisition of 15,042 shares through RSU vesting
04/18/2024Disposal of 5,448 shares at $4.64 per share

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