Joby Aviation CFO sells shares to cover RSU taxes

Joby Aviation, Inc. Chief Financial Officer Rodrigo Brumana reported routine equity compensation activity involving restricted stock units and related share sales.

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Form Type

Rhea-AI Filing Summary

Joby Aviation, Inc. Chief Financial Officer Rodrigo Brumana reported routine equity compensation activity involving restricted stock units and related share sales. On June 1, 2026, he exercised 293,686 RSUs, converting them into the same number of shares of common stock at a stated price of $0.00 per share.

On June 2, 2026, he sold 140,716 shares of common stock in open-market transactions at prices ranging from $11.77 to $11.90, with a weighted average sale price of $11.77 per share. A footnote explains these sales represent shares sold to cover taxes due upon the release and settlement of the RSUs, as required by the RSU award terms, rather than a discretionary portfolio decision.

Following these transactions, Brumana directly held 160,183 shares of common stock. The RSU award described in the footnotes covers 293,686 RSUs that vest 25% on June 1, 2026 and 6.25% of the total number of RSUs on each quarterly anniversary thereafter, subject to continued service.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 3 txns

Insider Brumana Rodrigo

Role Chief Financial Officer

Sold 140,716 shs ($1.66M)

Approx. gross sale proceeds $1.66M

Approx. exercise cost $0.00

Type	Security	Shares	Price	Value
Sale	Common Stock	140,716	$11.77	$1.66M
Exercise	Restricted Stock Units (RSUs)	293,686	$0.00	$0.00
Exercise	Common Stock	293,686	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units (RSUs) — 881,057 contracts (Direct); Common Stock — 160,183 shares (Direct)

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 $11.77 to $11.90. 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 25% of the RSUs on June 1, 2026 and as to 6.25% of the total number of RSUs on each quarterly anniversary thereafter, subject to Reporting Person's continued status as a Service Provider through the applicable vesting date. Each RSU represents the contingent right to receive one share of Common Stock upon vesting.

Key Figures

Shares sold: 140,716 shares Sale price range: $11.77–$11.90 per share RSUs converted: 293,686 RSUs +2 more

5 metrics

Shares sold 140,716 shares Open-market sales on June 2, 2026

Sale price range $11.77–$11.90 per share Prices for June 2, 2026 sales; $11.77 weighted average

RSUs converted 293,686 RSUs RSUs exercised into common stock on June 1, 2026

Shares held after transactions 160,183 shares Direct common stock holdings following reported trades

RSU award size 293,686 RSUs Award vesting 25% on June 1, 2026, then 6.25% quarterly

Key Terms

Restricted Stock Units (RSUs), weighted average sale price, Service Provider, open-market sale

4 terms

Restricted Stock Units (RSUs) financial

"Represents an award of restricted stock units ("RSUs") that vests with respect to 25% of the RSUs on June 1, 2026"

Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.

weighted average sale price financial

"The price reported above reflects the weighted average sale price."

Service Provider financial

"subject to Reporting Person's continued status as a Service Provider through the applicable vesting date."

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.

FAQ

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What did Joby Aviation (JOBY) CFO Rodrigo Brumana report in this Form 4?

Joby Aviation CFO Rodrigo Brumana reported RSU vesting and related share sales. He converted 293,686 restricted stock units into common shares and sold 140,716 shares primarily to cover taxes required upon the RSU release and settlement.

How many Joby Aviation (JOBY) shares did the CFO sell and at what price?

Rodrigo Brumana sold 140,716 Joby Aviation common shares in open-market trades. The transactions occurred at prices between $11.77 and $11.90 per share, with a weighted average sale price reported as $11.77 per share in the filing.

Why did the Joby Aviation (JOBY) CFO sell 140,716 shares of common stock?

The filing states the 140,716 shares were sold to cover taxes due upon the release and settlement of RSUs. This tax-related sale was required by the terms of the RSU award rather than representing a discretionary investment decision.

How many Joby Aviation (JOBY) shares does the CFO hold after these transactions?

After the reported transactions, Rodrigo Brumana directly held 160,183 shares of Joby Aviation common stock. This post-transaction figure reflects the net result after RSU conversion into shares and the sale of 140,716 shares to satisfy tax obligations.

What RSU award did the Joby Aviation (JOBY) CFO receive and how does it vest?

The CFO received an RSU award covering 293,686 units. According to the filing, 25% of the RSUs vest on June 1, 2026, and 6.25% of the total vest on each quarterly anniversary thereafter, subject to his continued status as a Service Provider.

Does the Joby Aviation (JOBY) Form 4 indicate remaining unvested RSUs for the CFO?

Yes. The filing shows 293,686 RSUs associated with the award, each representing a contingent right to receive one share of common stock upon vesting. These RSUs vest over time, starting 25% on June 1, 2026, then quarterly at 6.25% of the total.

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Accepted by SEC EDGAR 06/03/2026 - 04:15 PM EDT

SEC Form 4

FORM 4

UNITED 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).

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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/01/2026		M		293,686	A	$0	300,899	D
Common Stock	06/02/2026		S⁽¹⁾		140,716	D	$11.77⁽²⁾	160,183	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units (RSUs)	$0	06/01/2026		M			293,686	⁽³⁾	⁽³⁾	Common Stock	293,686	$0	881,057	D

Explanation of Responses:

1. 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.

2. This transaction was executed in multiple trades at prices ranging from $11.77 to $11.90. 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.

3. Represents an award of restricted stock units ("RSUs") that vests with respect to 25% of the RSUs on June 1, 2026 and as to 6.25% of the total number of RSUs on each quarterly anniversary thereafter, subject to Reporting Person's continued status as a Service Provider through the applicable vesting date. Each RSU represents the contingent right to receive one share of Common Stock upon vesting.

Remarks:

	/s/ Sarah Slayen, Attorney-in-Fact for Rodrigo Brumana	06/03/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR