Summary by Moomoo AI
Joby Aviation, Inc. has announced that THE JOBY TRUST, which is associated with the company as a Director, Officer, and a 10% Stockholder, is set to sell 200,000 shares of common stock. The sale is valued at an aggregate market value of $1,020,000 and is scheduled to occur on 07/01/2024. The shares were originally acquired on 11/16/2016 through a conversion of membership interest from the issuer. This transaction follows a period where there have been no reported sales of securities by the trust in the past three months. The plan for this sale was adopted on 03/17/2023.