Form 4: Joby Aviation Director Acquires Shares via RSU Grant

Joby Aviation Director Paul Sciarra acquired 866 shares of common stock through Restricted Stock Units, fully vested on the grant date, as part of a pre-planned transaction.

Summary

• Paul Cahill Sciarra, a Director at Joby Aviation, Inc. (JOBY), acquired 866 shares of common stock.
• The acquisition was made on January 5, 2026, through Restricted Stock Units (RSUs).
• Each RSU represents a contingent right to receive one share of common stock, and these RSUs were fully vested on the grant date.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged purchase or sale plan.
• Following this transaction, Paul Sciarra directly beneficially owns 141,562 shares of common stock.
• Additionally, Paul Sciarra indirectly beneficially owns 50,000 shares through the Sciarra Foundation and 56,328,057 shares through the Sciarra Management Trust, over which he has voting and dispositive power.

Sentiment

Score: 6

Explanation: The acquisition of shares by a director, even through an RSU grant, is generally viewed as a slightly positive signal of insider confidence, especially when part of a pre-planned compensation structure.

Positives

• A director acquiring shares, even through an RSU grant, can signal confidence in the company's future prospects.
• The transaction was executed under a Rule 10b5-1 plan, indicating a pre-planned and systematic approach to equity compensation.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing details an individual insider transaction and does not provide broader industry context or trends. It reflects a standard equity compensation event for a director within the aerospace or advanced air mobility sector.

Related Party Transactions

• Paul Sciarra has indirect beneficial ownership of 50,000 shares held by the Sciarra Foundation, over which he has voting and dispositive power.
• Paul Sciarra has indirect beneficial ownership of 56,328,057 shares held by the Sciarra Management Trust, over which he has voting and dispositive power.

Stakeholder Impact

• Shareholders may view the director's acquisition of shares as a minor positive indicator of management's alignment with shareholder interests and confidence in the company's future.

Key Dates

Keywords

Joby Aviation, JOBY, Form 4, Insider Transaction, Director, Restricted Stock Units, RSU, Stock Acquisition, Paul Sciarra, 10b5-1 Plan