Brumana Rodrigo 4
4 · Joby Aviation, Inc. · Filed Jul 6, 2026
Research Summary
AI-generated summary of this filing
Joby (JOBY) CFO Rodrigo Brumana Sells Shares to Cover Taxes
What Happened Rodrigo Brumana, Chief Financial Officer of Joby Aviation (JOBY), had 5,046 restricted stock units (RSUs) convert to common shares on July 1, 2026 (recorded as a derivative conversion/exercise). Following the conversion, Brumana sold 2,601 shares in an open-market transaction on July 2, 2026 at $8.92 per share for total proceeds of $23,201. The sale was made to satisfy tax withholding obligations tied to the RSU settlement.
Key Details
- Transaction dates: July 1, 2026 (RSU conversion/acquisition); July 2, 2026 (open-market sale).
- Shares converted/acquired: 5,046 (conversion of RSUs at $0.00 per share).
- Shares sold: 2,601 at $8.92 each, proceeds $23,201.
- Footnote F1: The 2,601-share sale represents shares sold to cover taxes due upon release/settlement of the RSUs.
- Footnote F2: The shares arose from RSUs that vest according to a quarterly schedule (5% on each of first four quarterly anniversaries of 1/1/2026, then 10% quarterly thereafter); each RSU converts to one share upon vesting.
- Shares owned after the transactions: not specified in the filing.
- Filing: Form 4 filed July 6, 2026; transactions occurred July 1–2, 2026 — filing appears to be within the standard reporting window.
Context These entries reflect an RSU vesting and routine tax-withholding sale, not an independent investment decision to reduce or increase exposure. The RSU conversion shows acquisition of shares, while the subsequent partial sale is a common cashless/tax-withholding practice rather than a directional bet on the stock.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-07-01+5,046→ 86,740 total - Sale
Common Stock
[F1]2026-07-02$8.92/sh−2,601$23,201→ 84,139 total - Exercise/Conversion
Restricted Stock Units (RSUs)
[F2]2026-07-01−5,046→ 90,817 totalExercise: $0.00→ Common Stock (5,046 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") 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.