Form 4: Joby Aviation Director Paul Sciarra Increases Stake with Restricted Stock Unit Grant

Joby Aviation, Inc. Director Paul Sciarra acquired 1,341 Restricted Stock Units, increasing his beneficial ownership in the company.

Summary

• Paul Sciarra, a Director of Joby Aviation, Inc. (JOBY), acquired 1,341 Restricted Stock Units (RSUs) on July 5, 2025.
• Each RSU represents a contingent right to receive one share of common stock of Joby Aviation, Inc.
• The acquired RSUs were fully vested on the grant date, July 5, 2025, with an acquisition price of $0 per RSU.
• Following this transaction, Paul Sciarra directly owns 139,878 shares of common stock.
• He also indirectly beneficially owns 57,828,060 shares through the Sciarra Management Trust and 50,000 shares through the Sciarra Foundation.
• The total beneficial ownership for Paul Sciarra, including direct and indirect holdings, is 58,017,938 shares of Joby Aviation common stock.

Sentiment

Score: 6

Explanation: The acquisition of Restricted Stock Units by a director is generally viewed as a positive signal of alignment with shareholder interests, though it is an equity grant rather than a direct cash purchase.

Positives

• Director Paul Sciarra acquired 1,341 Restricted Stock Units, indicating continued alignment with shareholder interests.
• The acquired RSUs were fully vested on the grant date, providing immediate ownership rights.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Increased alignment of a director's interests with shareholders due to increased equity ownership.

Key Dates

Keywords

Joby Aviation, JOBY, Paul Sciarra, SEC Form 4, Insider Transaction, Restricted Stock Units, RSU, Director, Beneficial Ownership