Form 4: Paul Sciarra Reports Changes in Beneficial Ownership of Joby Aviation Stock
SEC Filing Form 4
Paul Sciarra, a director of Joby Aviation, reported the acquisition and disposal of common stock and Restricted Stock Units (RSUs) on April 5, 2024.
Summary
- On April 5, 2024, Paul Sciarra, a director of Joby Aviation, filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
- Sciarra acquired 2,399 Restricted Stock Units (RSUs) that are fully vested on the grant date.
- He also disposed of 2,399 shares of common stock.
- Following these transactions, Sciarra directly owns 77,514 shares of common stock.
- He indirectly owns 59,994,725 shares through Sciarra Management Trust and 50,000 shares through Sciarra Foundation, maintaining voting and dispositive power over these shares.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for company insiders to report their transactions in the company's securities, ensuring transparency and compliance with SEC regulations.
Key Dates
| Date | Description |
|---|---|
| 04/05/2024 | Date of the reported transaction and filing of the Form 4. |
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