Paul Sciarra Amends Joby Aviation Holdings and Establishes New 1.875M Share 10b5-1 Trading Plan

Paul Cahill Sciarra, a director and officer of Joby Aviation, Inc. (JOBY), filed an Amendment No. 1 to Schedule 13D on May 18, 2026. The filing reports a beneficial ownership of 56,520,980 shares of Common Stock, representing 5.7% of the class. This total includes 56,328,057 shares held by the Sciarra Management Trust, 50,000 shares held by the Sciarra Foundation, and 142,923 shares held directly. The primary purpose of the amendment was to disclose that on May 14, 2026, Mr. Sciarra entered into a new Rule 10b5-1 trading plan. Under this "2026 Trading Plan," a broker-dealer is authorized to sell up to 1,875,000 shares of Common Stock on his behalf. This plan follows an existing Rule 10b5-1 arrangement for the sale of up to 1,500,000 shares, which is set to expire on June 30, 2026. Additionally, the reporting person received 1,361 fully vested restricted stock units on April 5, 2026. No other transactions were reported in the past 60 days.