Joby Aviation (NASDAQ:JOBY) CEO and Chief Architect JoeBen Bevirt sold a total of 421,019 shares of common stock, amounting to approximately $4.37 million, on May 15, 2026, according to a recent SEC filing. The sales were executed at prices ranging from $10.06 to $10.57 per share, with a weighted average sale price of $10.38. These transactions were made pursuant to a pre-arranged 10b5-1 trading plan adopted on October 10, 2025.
The stock currently trades at $10.37 with a market capitalization of $10.47 billion, though shares have declined roughly 26% over the past six months.
One transaction involved the disposition of 322,019 shares, valued at approximately $3.34 million, held indirectly by The Joby Trust. Another sale consisted of 99,000 shares, valued at approximately $1.03 million, held indirectly by the JoeBen Bevirt 2020 Descendants Trust. Following these transactions, Bevirt indirectly holds 59,007,377 shares through The Joby Trust and 31,678,802 shares through the JoeBen Bevirt 2020 Descendants Trust. He directly holds 224,823 shares and other indirect holdings include shares held by his spouse's trust.
In other recent news, Joby Aviation reported Q1 2026 revenue of $24 million, exceeding the forecasted $20.2 million, but posted a GAAP net loss of $110 million. The stock saw a slight decline in aftermarket trading, closing at $8.85. According to Bond.az analysis, the stock appears slightly overvalued relative to its Fair Value.
