Form 4: Joby Aviation CEO Transfers Shares Between Trusts
SEC Form 4 Filing
JoeBen Bevirt, CEO of Joby Aviation, reports a transfer of shares between the JoeBen Bevirt 2022 GRAT Trust and the Joby Trust.
Summary
- On May 16, 2024, JoeBen Bevirt, CEO and Chief Architect of Joby Aviation, reported a transaction involving the transfer of 2,633,511 shares of common stock from the JoeBen Bevirt 2022 GRAT Trust to the Joby Trust.
- The transfer did not involve a sale, as the price was reported as $0.
- Following the transaction, Bevirt indirectly owns 61,140,855 shares through the Joby Trust, 83,666 shares through the JoeBen Bevirt 2022 GRAT Trust, 32,774,274 shares through the JoeBen Bevirt 2020 Descendants Trust, 662,605 shares directly, 189,109 shares through his spouse, and 155,737 shares through the Jennifer Barchas Trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a share transfer, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure of insider transactions and doesn't necessarily indicate a change in the company's overall strategy or performance.
Stakeholder Impact
- The share transfer itself is unlikely to have a direct impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 12/26/2020 | Date of the JoeBen Bevirt 2020 Descendants Trust |
| 05/16/2024 | Date of the share transfer transaction |
| 05/20/2024 | Date of signature for the Form 4 filing |
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