Brumana Rodrigo 4

4 · Joby Aviation, Inc. · Filed Apr 3, 2026

AI-generated summary of this filing

Updated Apr 3, 2026

Joby (JOBY) CFO Rodrigo Brumana Exercises RSUs, Sells Shares

What Happened

Rodrigo Brumana, Chief Financial Officer of Joby Aviation (JOBY), reported the conversion of 5,045 restricted stock units (RSUs) into common shares on 2026-04-01 (transaction code M). The RSUs converted at $0 (no cash exercise price).
To cover taxes due on the RSU settlement, Brumana sold 1,839 of those shares in open-market trades on 2026-04-02 for a weighted average price of $8.15, generating proceeds of $14,988. The filing shows the RSU/derivative conversion and the subsequent sale to satisfy tax withholding.

Key Details

Transaction dates: RSU conversion 2026-04-01; sale to cover taxes 2026-04-02. Filing date: 2026-04-03 (timely).
Conversion: 5,045 RSUs converted to 5,045 common shares (code M) at $0.
Sale: 1,839 shares disposed; weighted average sale price $8.15; proceeds $14,988. Trades executed at prices ranging $8.15–$8.44. (Footnote F2)
Tax withholding: The sale represents shares sold to cover taxes on the RSU settlement, per footnote F1.
RSU terms: The awards vest over quarterly anniversaries beginning Jan 1, 2026 (5% initial quarterly tranches then 10% thereafter), each RSU entitles holder to one share upon vesting (footnote F3).
Shares owned after the transactions: not specified in the Form 4 filing.

Context

This is a conversion/settlement of RSUs (not an option purchase) with a partial sell-to-cover for tax withholding. Such sell-to-cover transactions are routine and do not necessarily indicate a change in insider sentiment.

Form 4

Period: 2026-04-01

Chief Financial Officer

Transactions

Exercise/Conversion
Common Stock
2026-04-01+5,045→ 8,065 total
Sale
Common Stock
[F1][F2]
2026-04-02$8.15/sh−1,839$14,988→ 6,226 total
Exercise/Conversion
Restricted Stock Units (RSUs)
[F3]
2026-04-01−5,045→ 95,863 total
Exercise: $0.00→ Common Stock (5,045 underlying)

Footnotes (3)

[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]This transaction was executed in multiple trades at prices ranging from $8.15 to $8.44. 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.
[F3]Represents an award of restricted stock units ("RSUs") that vests with respect to 5% of the total number of RSUs on each of the first four quarterly anniversaries of January 1, 2026 and as to 10% of the total number of RSUs on each quarterly anniversary thereafter, 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.

Signature

/s/ Sarah Slayen, Attorney-in-Fact for Rodrigo Brumana|2026-04-03

1 file