Form 4: Joby Aviation CEO JoeBen Bevirt Sells Shares in Privately Negotiated Transaction

Sentiment:

SEC Form 4 Filing


Joby Aviation CEO JoeBen Bevirt reports the sale of 101,652 shares of common stock in a privately negotiated transaction on May 14, 2025.

Summary

  • On May 14, 2025, JoeBen Bevirt, CEO and Chief Architect of Joby Aviation, sold 101,652 shares of Joby Aviation common stock at a price of $6.66 per share.
  • The transaction was privately negotiated.
  • Following the transaction, Bevirt directly owns 60,526,762 shares.
  • Bevirt also has indirect ownership through several trusts, including The Joby Trust (832,999 shares), The Jennifer Barchas Trust (155,737 shares), the JoeBen Bevirt 2020 Descendants Trust (32,275,793 shares), shares held by his spouse (189,109 shares), and the JoeBen Bevirt 2022 GRAT Trust (83,666 shares).

Sentiment

Score: 5

Explanation: Neutral sentiment as it is a standard SEC filing reporting a transaction. The sale itself doesn't necessarily indicate positive or negative sentiment about the company's future.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, such as executives and directors. This filing provides transparency into the transactions of Joby Aviation's CEO.

Stakeholder Impact

  • The sale of shares by the CEO could be perceived differently by stakeholders; some may see it as a lack of confidence, while others may view it as a personal financial decision.

Key Dates

DateDescription
12/26/2020Date of the JoeBen Bevirt 2020 Descendants Trust
05/14/2025Date of the share sale transaction
05/16/2025Date of signature by Attorney-in-Fact

Keywords

Joby Aviation, JoeBen Bevirt, Form 4, Share Sale, Beneficial Ownership, Securities, Transaction

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