Brumana Rodrigo 4
4 · Joby Aviation, Inc. · Filed Feb 11, 2026
Research Summary
AI-generated summary of this filing
Joby (JOBY) CFO Rodrigo Brumana Exercises RSUs, Sells Shares
What Happened
Rodrigo Brumana, Chief Financial Officer of Joby Aviation (JOBY), had 1,219 restricted stock units (RSUs convert/derive) settle on Feb 9, 2026 (reported as an exercise/conversion of a derivative at $0). Per the filing, shares were withheld to cover taxes and Brumana sold 510 shares in the open market on Feb 10, 2026 at $10.55 each, generating $5,381 in proceeds. The transactions are primarily vesting/tax-withholding and a subsequent small open-market sale, not a cash purchase.
Key Details
- Transaction dates/prices:
- Feb 9, 2026: Conversion/exercise of 1,219 RSUs → 1,219 shares at $0.00 (reported as derivative M).
- Feb 9, 2026: 1,219 shares reported disposed at $0.00 (derivative) — related to tax withholding.
- Feb 10, 2026: Open-market sale of 510 shares at $10.55, proceeds $5,381.
- Shares owned after transaction: Not specified in the filing provided.
- Footnotes:
- F1: Shares were sold/withheld to cover taxes upon RSU settlement.
- F2: The underlying award was RSUs that vest in installments (Jan 12, Feb 9, Mar 9, 2026) based on performance and continued service; each RSU converts to one share upon vesting.
- Filing timeliness: Form 4 filed Feb 11, 2026 for transactions dated Feb 9–10, 2026 (no late filing indicated).
Context: The Feb 9 entries reflect RSU settlement (conversion to common stock) with shares withheld to satisfy tax obligations; the Feb 10 sale appears to be a routine open-market sale of a portion of the vested shares. Such tax-withholding and small disposition transactions are common following RSU vesting and do not, by themselves, indicate the insider’s broader view on the stock.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-02-09+1,219→ 1,917 total - Sale
Common Stock
[F1]2026-02-10$10.55/sh−510$5,381→ 1,407 total - Exercise/Conversion
Restricted Stock Units (RSUs)
[F2]2026-02-09−1,219→ 1,219 totalExercise: $0.00→ Common Stock (1,219 underlying)
Footnotes (2)
- [F1]Represents the aggregate number of shares sold by the Reporting Person to cover taxes due upon the release and settlement of the RSUs, as required by the terms of the RSU award.
- [F2]Represents an award of restricted stock units ("RSUs"). Between 0% and 125% of the award will vest in equal installments on each of on January 12, 2026, February 9, 2026, and March 9, 2026, based on the achievement of specified goals and subject to the Reporting Person's continued service through the applicable vesting date. Each RSU represents the contingent right to receive one share of Common Stock upon vesting.