Form 4: Joby Aviation Executive Sells Shares Under Pre-Arranged Trading Plan

Joby Aviation's Head of Government & Regulatory Affairs, Gregory Bowles, sold 7,961 shares of common stock for a weighted average price of $10.28 per share, as part of a pre-approved 10b5-1 trading plan.

Summary

• Gregory Bowles, Head of Government & Regulatory Affairs at Joby Aviation, Inc., sold 7,961 shares of common stock.
• The transaction occurred on July 3, 2025.
• The shares were sold at a weighted average price of $10.28 per share, with individual trades ranging from $10.02 to $10.47.
• The sale was executed under a Rule 10b5-1 trading plan adopted on June 4, 2024.
• Following this transaction, Gregory Bowles beneficially owns 153,280 shares of Joby Aviation common stock.

Sentiment

Score: 5

Explanation: The transaction is a routine sale executed under a pre-approved 10b5-1 trading plan, which is generally considered neutral as it does not necessarily reflect new sentiment about the company's prospects.

Positives

• The sale was conducted under a pre-approved Rule 10b5-1 trading plan, indicating a pre-scheduled transaction rather than a reactive sale based on new material non-public information.

Negatives

• An executive sold a portion of their holdings, which could be interpreted by some as a lack of confidence, although the sale was pre-planned.

Management Comments

• Sale made pursuant to the Reporting Person's approved 10b5-1 trading plan adopted on June 4, 2024.
• This transaction was executed in multiple trades at prices ranging from $10.02 to $10.47. The price reported above reflects the weighted average sale price.

Stakeholder Impact

• Shareholders: May interpret the sale as a slight negative, though the pre-planned nature via a 10b5-1 plan mitigates concerns about insider sentiment.

Key Dates

Keywords

Joby Aviation, JOBY, Gregory Bowles, Form 4, insider trading, stock sale, 10b5-1 plan, executive compensation, aerospace, eVTOL