Joby Aviation (NYSE:JOBY) director Paul Sciarra offloaded 500,000 shares of the company's common stock earlier this week, a regulatory filing showed. The transaction, executed on July 14, totaled approximately $6.

Simultaneously, Joby revealed that its sixth aircraft completed its maiden flight and received FAA airworthiness certification within a week of roll-out. Toyota engineers are now deeply integrated on its factory floor as its $500 million investment last year starts bearing fruit.