JoeBen Bevirt - 01 Jul 2025 Form 4 Insider Report for Joby Aviation, Inc. (JOBY)

Role
CEO and Chief Architect, Director, 10%+ Owner
Signature
/s/ Sarah Slayen, Attorney-in-Fact for JoeBen Bevirt
Issuer symbol
JOBY
Transactions as of
01 Jul 2025
Net transactions value
-$4,952,079
Form type
4
Filing time
02 Jul 2025, 19:23:05 UTC
Previous filing
04 Jun 2025
Next filing
30 Jul 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Bevirt JoeBen CEO and Chief Architect, Director, 10%+ Owner C/O JOBY AVIATION, INC., 333 ENCINAL STREET, SANTA CRUZ /s/ Sarah Slayen, Attorney-in-Fact for JoeBen Bevirt 02 Jul 2025 0001877280

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JOBY Common Stock Sale $4,635,040 -472,000 -57% $9.82 360,999 01 Jul 2025 Direct F1, F2
transaction JOBY Common Stock Options Exercise $0 +12,978 +3.6% $0.000000 373,977 01 Jul 2025 Direct
transaction JOBY Common Stock Options Exercise $0 +49,801 +13% $0.000000 423,778 01 Jul 2025 Direct
transaction JOBY Common Stock Sale $317,039 -32,285 -7.6% $9.82 391,493 02 Jul 2025 Direct F3
holding JOBY Common Stock 155,737 01 Jul 2025 By Jennifer Barchas Trust F4
holding JOBY Common Stock 60,526,762 01 Jul 2025 By Joby Trust F5
holding JOBY Common Stock 32,275,793 01 Jul 2025 By JoeBen Bevirt 2020 Descendants Trust F6
holding JOBY Common Stock 189,109 01 Jul 2025 By Spouse F7
holding JOBY Common Stock 83,666 01 Jul 2025 By JoeBen Bevirt 2022 GRAT Trust F8

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction JOBY Restricted Stock Units (RSUs) Options Exercise $0 -12,978 -9.1% $0.000000 129,776 01 Jul 2025 Common Stock 12,978 $0.000000 Direct F9
transaction JOBY Restricted Stock Units (RSUs) Options Exercise $0 -49,801 -33% $0.000000 99,602 01 Jul 2025 Common Stock 49,801 $0.000000 Direct F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Sale made pursuant to the Reporting Person's approved 10b5-1 trading plan adopted on March 31, 2025.
F2 This transaction was executed in multiple trades at prices ranging from $9.65 to $10.44. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 Represents the aggregate number of shares sold by the Reporting Person to cover taxes due upon the release and settlement of the RSUs, as required by the terms of the RSU award.
F4 The shares of common stock are held of record by The Jennifer Barchas Trust (the "Barchas Trust"). The spouse of the Reporting Person has voting and dispositive power of the shares held by The Barchas Trust therefore may be deemed to be the beneficial owner of such shares to the extent of her pecuniary interest.
F5 The shares of common stock are held of record by The Joby Trust. The Reporting Person is the trustee of the Joby Trust and may be deemed to be the beneficial owner of such shares.
F6 The shares of common stock are held of record by the JoeBen Bevirt 2020 Descendants Trust, dated December 26, 2020 (the "Descendants Trust"). The Reporting Person is the trustee of the Decendants Trust and may be deemed to be the beneficial owner of such shares.
F7 The shares of common stock are held of record by the spouse of the Reporting Person.
F8 The shares of common stock are held of record by the JoeBen Bevirt 2022 GRAT Trust (the "2022 GRAT Trust"). The Reporting Person has voting and dispositive power of the shares held by the 2022 GRAT Trust therefore may be deemed to be the beneficial owner of such shares to the extent of his pecuniary interest.
F9 Represents an award of restricted stock units ("RSUs") that vest in 16 equal installments on the quarterly anniversary of January 1, 2024, subject to the Reporting Person's continued service through the applicable vesting date. Each RSU represents the contingent right to receive one share of Common Stock upon vesting.
F10 Represents an award of restricted stock units ("RSUs") that vests with respect to 10% of the total number of RSUs on each of the first four quarterly anniversaries of January 1, 2022 and as to 5% of the total number of RSUs on each quarterly anniversary thereafter, subject to the Reporting Person's continued service through the applicable vesting date. Each RSU represents the contingent right to receive one share of Common Stock upon vesting.