The absolute dollar value is noise for a $10.7B company. The $3.38M sale is too small to be a signal of material adverse information. Watch upcoming earnings (2.02) or any government contract news as the actual catalyst; this insider activity alone does not merit adjusting a position.
Price Chart
Executive Summary
Two Joby Aviation insiders sold a combined $3.38M in stock over a one-week window ending May 22, 2026. The CEO sold $3.34M (322K shares at ~$10.38) — the overwhelming majority of the cluster — while the Chief Policy Officer sold an additional $37K. The total sell value is ~0.03% of JOBY's $10.7B market cap, which falls well below the 0.1% threshold for materiality. The CEO sale is notable for its size and seniority, but the dollar amount is trivial relative to this mega-cap company.
Key Financial Metrics
Key Facts
- CEO JoeBen Bevirt sold 322,000 shares for ~$3.34M on May 15, 2026 at $10.38.
- Chief Policy Officer Gregory Bowles sold 3,486 shares for ~$37,440 on May 22, 2026.
- Bowles also exercised derivatives (non-cash) for 22,312 shares at $0 on May 21, 2026.
- Total net sale value is ~$3.38M, or ~0.03% of JOBY's $10.7B market cap.
- The 30-day trailing insider activity shows 4 total sells for $4.2M — this cluster is the bulk of that.
Financial Impact
Total proceeds of ~$3.38M represent ~0.03% of market cap; the CEO's $3.34M disposal is ~0.031% of his likely economic exposure — consistent with routine pre-10b5-1 diversification.
Risk Factors
- CEO selling could be read as lacking conviction by some traders, but dollar amount is immaterial.
- No risk of follow-on cluster given the trivial size and single-senior-insider nature.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-JOBY-1779831391802 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 14, 2026 11d ago | Insider Cluster | $4.81 $4.70 | ▼ −2.29% | ▼ −1.27% | $4.64 (−3.53%) |
Oct 5, 2026 20d ago | Insider Cluster | $5.78 $4.95 | ▼ −14.36% | ▼ −14.22% | $4.64 (−19.72%) |
Oct 2, 2026 23d ago | 144 | $5.78 $5.14 | ▼ −11.07% | ▼ −11.49% | $4.64 (−19.72%) |
Oct 2, 2026 23d ago | 144 | $5.95 $5.44 | ▼ −8.57% | ▼ −9.73% | $4.64 (−22.02%) |
Sep 23, 2026 4w ago | Insider Cluster | $6.30 $5.96 | ▲ +5.40% | ▲ +4.98% | $4.64 (+26.35%) |
Sep 3, 2026 7w ago | Insider Cluster | $6.74 $6.30 | ▼ −6.53% | ▼ −5.32% | $4.64 (−31.16%) |
Sep 3, 2026 7w ago | Insider Cluster | $6.74 $6.30 | ▼ −6.53% | ▼ −5.32% | $4.64 (−31.16%) |
Aug 25, 2026 8w ago | Insider Cluster | $7.14 $6.82 | ▲ +4.48% | ▲ +4.36% | $4.64 (+35.01%) |
Aug 18, 2026 9w ago | Insider Cluster | $7.72 $7.14 | ▲ +7.51% | ▲ +7.13% | $4.64 (+39.90%) |
Aug 13, 2026 10w ago | 144 | $7.92 $7.53 | ▼ −4.92% | ▼ −3.56% | $4.64 (−41.41%) |
US Market Status
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