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Joby Aviation | SC 13D/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-JoeBen Bevirt(13.56%)

SEC announcement ·  Mar 11 17:04
Summary by Moomoo AI
JoeBen Bevirt, a significant shareholder in Joby Aviation, Inc., has filed an amendment to the Schedule 13D with the United States Securities and Exchange Commission, detailing his trading activities and beneficial ownership in the company. The amendment, dated March 11, 2024, reports that Bevirt entered into a trading plan on August 24, 2022, under Rule 10b5-1, which resulted in the sale of 731,162 shares prior to its expiration on March 31, 2023. Subsequently, on March 17, 2023, Bevirt initiated a new trading plan set to expire in June 2025, with an agreement to sell up to 14,572,251 shares. The filing reveals that Bevirt beneficially owns 95,277,964 shares of Joby Aviation's common stock, representing 13.56% of the company. This ownership includes direct holdings, shares held by his spouse, and various trusts where Bevirt has voting and dispositive power. The recent transactions within the past 60 days include sales of shares to cover tax obligations related to the settlement of restricted stock units and sales under the 2023 Trading Plan.
JoeBen Bevirt, a significant shareholder in Joby Aviation, Inc., has filed an amendment to the Schedule 13D with the United States Securities and Exchange Commission, detailing his trading activities and beneficial ownership in the company. The amendment, dated March 11, 2024, reports that Bevirt entered into a trading plan on August 24, 2022, under Rule 10b5-1, which resulted in the sale of 731,162 shares prior to its expiration on March 31, 2023. Subsequently, on March 17, 2023, Bevirt initiated a new trading plan set to expire in June 2025, with an agreement to sell up to 14,572,251 shares. The filing reveals that Bevirt beneficially owns 95,277,964 shares of Joby Aviation's common stock, representing 13.56% of the company. This ownership includes direct holdings, shares held by his spouse, and various trusts where Bevirt has voting and dispositive power. The recent transactions within the past 60 days include sales of shares to cover tax obligations related to the settlement of restricted stock units and sales under the 2023 Trading Plan.
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