Form 4: Joby Aviation CFO Matthew Field Sells 25,000 Shares
SEC Form 4
Matthew Field, CFO of Joby Aviation, sold 25,000 shares of common stock on July 16, 2024, at a price of $7.5 per share.
Summary
- On July 16, 2024, Matthew Field, the Chief Financial Officer and Treasurer of Joby Aviation, sold 25,000 shares of Joby Aviation's common stock.
- The sale was executed at a price of $7.5 per share.
- Following the transaction, Matthew Field directly owns 269,238 shares of Joby Aviation's common stock.
- The sale was conducted under a pre-arranged 10b5-1 trading plan adopted on November 30, 2023.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine disclosure of an insider stock sale under a pre-arranged trading plan.
Industry Context
This is a routine disclosure of an insider stock sale. It's common for executives to have pre-arranged trading plans to sell shares over time.
Stakeholder Impact
- The stock sale could have a minor negative impact on shareholder sentiment, but is unlikely to be significant given the pre-arranged nature of the sale.
Key Dates
| Date | Description |
|---|---|
| 2023-11-30 | Date of adoption of the 10b5-1 trading plan. |
| 2024-07-16 | Date of the stock sale transaction. |
| 2024-07-18 | Date of signature of the Form 4 filing. |
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