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Joby Aviation Director Paul Sciarra Sells $7.2M in Shares Under Pre-Planned Trading Plan
Joby Aviation Director Paul Sciarra Sells $7.2M in Shares Under Pre-Planned Trading Plan
24
1
BTCCSquare news:
Paul Sciarra, a director at Joby Aviation, sold 500,001 shares of the company's stock for approximately $7.2 million. The transaction, executed under a Rule 10b5-1 trading plan adopted in June 2024, indicates a pre-planned MOVE rather than a reaction to market conditions. Sciarra remains a significant stakeholder, holding over 56.8 million shares through various entities.
This marks his second major sale this summer, following a similar $6 million transaction in July 2025. Insider sales under structured plans often reflect routine portfolio diversification rather than diminished confidence in the company.
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