Insider Trading April 14, 2026 06:52 PM

Joby Legal Chief Disposes $192,937 in Stock Amid Volatile Trading

Kate DeHoff completes two share sales and an option exercise as Joby continues flight testing and industry partnerships

By Avery Klein JOBY
Joby Legal Chief Disposes $192,937 in Stock Amid Volatile Trading
JOBY

Kate DeHoff, Joby Aviation’s Chief Legal Officer and Corporate Secretary, sold a total of 22,605 shares across two transactions on April 13-14, 2026, raising $192,937. The disposals coincided with the stock trading at $8.80 and follow an option exercise on April 12. The company is advancing flight testing and partnerships while analysts maintain mixed ratings and price targets.

Key Points

  • Kate DeHoff sold 22,605 shares across two transactions on April 13-14, 2026, totaling $192,937; a prior option exercise on April 12 added 16,064 shares at a $0 transaction price.
  • Insider sales included an RSU-related disposal and a transaction under a pre-arranged 10b5-1 trading plan adopted May 13, 2025; the stock was trading at $8.80 and had fallen 51% over six months, with InvestingPro flagging high volatility.
  • Operationally, Joby advanced partnerships and testing - a collaboration with Air Space Intelligence, demonstration flights in the San Francisco Bay Area as part of the 2026 Electric Skies Tour, and FAA flight testing of an FAA-conforming aircraft in Marina, California - developments that coincide with mixed analyst ratings and targets.

Joby Aviation insider activity continued mid-April as Kate DeHoff, the company’s Chief Legal Officer and Corporate Secretary, completed two separate sales of common stock that together totaled $192,937.

The transactions occurred on consecutive days. On April 13, 2026, DeHoff sold 8,310 shares at a weighted average price of $8.20, with individual trade prices reported between $8.20 and $8.30. That single transaction was valued at about $68,142. The filing indicates this portion of the sale was intended to satisfy taxes due upon the release and settlement of Restricted Stock Units.

On April 14, 2026, DeHoff sold an additional 14,295 shares at a weighted average price of $8.73, with the prices in that execution ranging from $8.62 to $8.82. The second transaction amounted to approximately $124,795 and was executed under a pre-arranged 10b5-1 trading plan that DeHoff adopted on May 13, 2025.

Prior to these sales, on April 12, DeHoff exercised stock options to acquire 16,064 shares of common stock at a transaction price of $0. The combination of the option exercise and the subsequent sales are reflected in the company’s insider filings.

The transactions came while Joby Aviation’s shares were trading at $8.80. Over the prior six months the stock had fallen about 51 percent and was identified in InvestingPro data as experiencing highly volatile price movements. InvestingPro also notes the stock is trading near its Fair Value and points readers to more detailed analysis in the company’s Pro Research Report, part of a broader coverage universe.


Company operational and regulatory developments

Joby has continued progress on its aircraft and operational initiatives while the equity trades under pressure. The company announced a strategic collaboration with Air Space Intelligence to support the integration of electric air taxis into the U.S. National Airspace System. That partnership pairs Joby’s electric vertical take-off and landing aircraft with ASI’s AI-driven Flyways platform to help optimize flight operations.

Separately, Joby completed demonstration flights across the San Francisco Bay Area as the opening phase of its 2026 Electric Skies Tour. In regulatory milestones, Joby’s first FAA-conforming aircraft, tail number N547JX, began flight testing in Marina, California. The company plans to continue Type Inspection Authorization testing with FAA pilots through 2026.


Analyst coverage

Analyst sentiment remains mixed. H.C. Wainwright reiterated a Buy rating and set a $18.00 price target on the shares. Canaccord Genuity retained a Hold rating with a $15.50 target. Cantor Fitzgerald reiterated a Neutral rating. These positions accompany Joby’s operational updates as the company pursues eVTOL capabilities and regulatory compliance.


Context and limitations

The filings specify the mechanics and stated purposes of the insider transactions - tax obligations for RSU settlement and execution under a 10b5-1 plan - without additional commentary on future transactions or company strategy. The article does not provide further details on the timing or scale of any future insider activity, nor does it expand on specifics of the financial modeling referenced in third-party research.

Risks

  • Market and share-price volatility - the stock has declined about 51% over six months and InvestingPro characterizes its recent trading as highly volatile, impacting equity investors and market participants.
  • Regulatory and testing uncertainty - ongoing Type Inspection Authorization testing with FAA pilots in 2026 and continued flight testing of an FAA-conforming aircraft introduce regulatory and operational execution risks for the aerospace and eVTOL sectors.
  • Insider activity perception - significant insider sales, even when tied to tax obligations or pre-arranged plans, can influence investor sentiment in the aerospace and broader equities market.

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