Joby Aviation CEO Bevirt sells 421.0K shares for $4.4M under pre-arranged 10b5-1 plan.
Joeben Bevirt, CEO and Chief Architect, executed two separate sales totaling 421,019 shares at $10.38 on 2026-05-15, reducing his holdings from 32.10M to 31.68M shares. This transaction is part of a pre-arranged 10b5-1 trading plan adopted on 2025-10-10, meaning the sale was scheduled rather than discretionary. The company is unprofitable with net income of $-110.0M in the latest quarter against revenue of $24.2M, while the stock trades at $10.36, down significantly from its 52-week high of $20.95. The CEO retains substantial holdings of 31.68M shares post-transaction, indicating continued material ownership despite the scheduled sale.