Rodrigo Brumana

CFO Rodrigo Brumana sells 78,489 shares of JOBY at $11.30, reducing stake 49.0%; stock now -53.7% from 52-week high.

Rodrigo Brumana, Chief Financial Officer, executed a scheduled sale of 78,489 shares under a pre-arranged 10b5-1 trading plan adopted on 2025-11-10, reducing his holdings by 49.0% from 160,183 shares to 81,694 shares. The transaction occurred at $11.30 per share while the stock currently trades at $9.70, reflecting a broader 53.7% decline from the 52-week high of $20.95 and a 30-day loss of 10.8%. Joby Aviation remains deeply unprofitable with net income of $-109,950,000.00 on quarterly revenue of $24,246,000.00, and despite extraordinary annual revenue growth of 39183.1%, the company has not achieved profitability. As a scheduled 10b5-1 transaction, this sale was predetermined rather than a discretionary decision responding to current conditions, though the magnitude of the share reduction—nearly half the CFO's pre-transaction stake—and the deterioration in both stock price and operational losses since the plan was adopted merit investor attention.

Joby CFO Brumana sells 140,716 shares ($1.7M) at $11.77; retains 160,183 shares plus 881,057 RSUs

CFO Rodrigo Brumana sold 140,716 shares of Joby Aviation at $11.77, reducing his non-derivative holdings by 46.8% to 160,183 shares while retaining 881,057 restricted stock units. The sale occurs at $11.77 while the current market price is $11.43, and the stock is down 45.4% from its 52-week high of $20.95, suggesting the sale was executed in a period of share price weakness. Despite quarterly revenue of $24.2M, Joby reported a net loss of $110.0M in its most recent fiscal year and remains deeply unprofitable, creating a disconnect between the company's valuation ($11.2B market cap) and its operating performance. The material portion of Brumana's compensation remains in equity form (881,057 RSUs), indicating ongoing equity alignment despite the reduction of liquid shareholdings.