Brumana Rodrigo 4
Research Summary
AI-generated summary
Joby (JOBY) CFO Rodrigo Brumana Sells 78,489 Shares
What Happened
- Rodrigo Brumana, Chief Financial Officer of Joby Aviation (JOBY), sold 78,489 shares on June 4, 2026. The shares were disposed for a weighted average sale price of $11.30 per share, for total proceeds of approximately $886,926. This was a sale (not a purchase) and therefore not a bullish insider buy signal.
Key Details
- Transaction date: June 4, 2026 (reported on Form 4 filed June 8, 2026).
- Transaction type/code: Sale (S) — described as open-market/private sale; executed in multiple trades.
- Price: Weighted average $11.30 per share; trade prices ranged from $11.08 to $11.64 (per footnote).
- Total proceeds: ~$886,926.
- Shares owned after transaction: Not specified in the provided filing.
- Notable footnotes:
- F1: Sale made pursuant to the reporting person’s 10b5-1 trading plan adopted November 10, 2025.
- F2: Multiple trades executed at $11.08–$11.64; weighted average reported; reporting person can provide per-trade details on request.
- Filing timeliness: Form 4 was filed June 8, 2026 — within the typical two-business-day reporting window (timely).
Context
- The sale was executed under a prearranged 10b5-1 plan, which typically indicates scheduled, pre-authorized trading rather than discretionary trades based on current nonpublic information. Sales under such plans are often routine and do not necessarily signal insider views on the company’s prospects.