STOCK TITAN

Joby Aviation (NYSE: JOBY) CFO sells 78,489 shares under 10b5-1 plan

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Joby Aviation Chief Financial Officer Rodrigo Brumana sold 78,489 shares of common stock in an open-market transaction. The shares were sold at a weighted average price of $11.30 per share on a single trading day. After the sale, he directly held 81,694 Joby Aviation shares. The transaction was carried out under an approved Rule 10b5-1 trading plan adopted on November 10, 2025, and was executed in multiple trades at prices ranging from $11.08 to $11.64.

Positive

  • None.

Negative

  • None.

Insights

CFO’s open-market sale appears routine and pre-planned under a 10b5-1 plan.

Joby Aviation’s Chief Financial Officer Rodrigo Brumana executed an open-market sale of 78,489 common shares at a weighted average price of $11.30 per share. Following this transaction, he continues to hold 81,694 shares directly, indicating a remaining equity stake.

The filing specifies the sale was made under an approved Rule 10b5-1 trading plan adopted on November 10, 2025. Such plans are pre-arranged and are typically used to diversify holdings or manage liquidity in a systematic way, which reduces the informational value of the timing.

The trades occurred on June 4, 2026 in multiple executions between $11.08 and $11.64 per share. No derivative exercises or tax-withholding events are reported, and there are no remaining derivative positions listed in this filing.

Insider Brumana Rodrigo
Role Chief Financial Officer
Sold 78,489 shs ($887K)
Type Security Shares Price Value
Sale Common Stock 78,489 $11.30 $887K
Holdings After Transaction: Common Stock — 81,694 shares (Direct, null)
Footnotes (1)
  1. Sale made pursuant to the Reporting Person's approved 10b5-1 trading plan adopted on November 10, 2025. This transaction was executed in multiple trades at prices ranging from $11.08 to $11.64. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Shares sold 78,489 shares Open-market sale of common stock on June 4, 2026
Weighted average sale price $11.30 per share Average price for shares sold on June 4, 2026
Post-transaction holdings 81,694 shares Shares directly held by CFO after the sale
Trade price range $11.08–$11.64 per share Range of execution prices for the June 4, 2026 trades
Transaction date June 4, 2026 Date of CFO’s open-market sale
10b5-1 plan adoption date November 10, 2025 Date CFO’s trading plan was adopted
Rule 10b5-1 trading plan regulatory
"Sale made pursuant to the Reporting Person's approved 10b5-1 trading plan adopted on November 10, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average sale price financial
"The price reported above reflects the weighted average sale price."
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Brumana Rodrigo

(Last)(First)(Middle)
C/O JOBY AVIATION, INC.
333 ENCINAL STREET

(Street)
SANTA CRUZ CALIFORNIA 95060

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Joby Aviation, Inc. [ JOBY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/04/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/04/2026S(1)78,489D$11.3(2)81,694D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Sale made pursuant to the Reporting Person's approved 10b5-1 trading plan adopted on November 10, 2025.
2. This transaction was executed in multiple trades at prices ranging from $11.08 to $11.64. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Remarks:
/s/ Sarah Slayen, Attorney-in-Fact for Rodrigo Brumana06/08/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Joby Aviation (JOBY) report for its CFO?

Joby Aviation reported that CFO Rodrigo Brumana sold 78,489 shares of common stock in an open-market transaction at a weighted average price of $11.30 per share, leaving him with 81,694 directly held shares after the sale.

When did the Joby Aviation (JOBY) CFO sell his shares and at what prices?

The CFO’s sale took place on June 4, 2026, through multiple trades. These were executed at prices ranging from $11.08 to $11.64 per share, with a reported weighted average sale price of $11.30 per share for the transaction.

How many Joby Aviation (JOBY) shares does the CFO hold after this Form 4 sale?

After selling 78,489 shares, CFO Rodrigo Brumana directly holds 81,694 shares of Joby Aviation common stock. This post-transaction holding is disclosed in the Form 4 and reflects his remaining direct ownership position in the company’s shares.

Was the Joby Aviation (JOBY) CFO’s stock sale made under a Rule 10b5-1 plan?

Yes. The filing states the sale was made pursuant to Rodrigo Brumana’s approved Rule 10b5-1 trading plan adopted on November 10, 2025. Such pre-arranged plans are commonly used by insiders to schedule trades independently of short-term market developments.

Did the Joby Aviation (JOBY) Form 4 include any option exercises or derivative transactions?

No. The Form 4 reports only a non-derivative common stock sale by the CFO. The derivative transaction count and exercise shares are both listed as zero, and the derivative summary shows no remaining derivative positions in this particular filing.