Paul Cahill Sciarra, a Director at Joby Aviation, Inc. (JOBY), divested 416,666 shares of the company's stock on June 1, 2026. The transactions were executed at an average price of $12.02 per share, resulting in a total value of approximately $5.01 million.
This sale adds to a series of insider transactions at Joby Aviation in recent weeks. Other notable sales include those by Gregory Bowles and JoeBen Bevirt.
Insider sales can be driven by various factors, including portfolio diversification, tax obligations, or pre-arranged trading plans, and do not necessarily reflect a negative outlook on the company's future performance.