JOBY Joby Aviation, Inc.

NEUTRAL Impact: 4/10 Insider Cluster (3 insiders)
Horizon days Filed Jun 8, 2026 Processed 6d 16h ago
Insider cluster: 3 insiders, $2.1M total

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Executive Summary

Insider cluster with net selling of $2.07M at Joby Aviation, driven by the CFO (Brumana Rodrigo), a director (Sciarra Paul Cahill), and a senior exec (DeHoff Kate). This is the CFO's first open-market sale in the cluster, adding weight beyond routine director sales. However, six directors also engaged in non-cash RSU exercises and grants on June 2 — those are zero-value events and do not drive the cluster's direction. Relative to Joby's $9.4B market cap, the $2.07M cash-out represents ~0.022%, well below even the 0.1% triviality threshold. This is a routine liquidity event, not an informed sell-off.

Key Financial Metrics

Direction
selling
Total Value
$2.1M
Insiders
3

Actionable Insight

The cluster is dominated by one director's $1M sale, a modest CFO sale, and a small exec sale — all within a range of 0.01-0.03% of market cap each. This does not signal coordinated bearish conviction. Non-cash director grants/exercises are routine compensation events. Monitor the next 10-Q for any operational update on air-taxi certification timeline, but this cluster alone does not warrant a bearish view.

Key Facts

  • CFO Brumana Rodrigo sold 78,489 shares open-market for $887K at $11.30 on June 4 — first CFO sale in the cluster.
  • Director Sciarra Paul Cahill sold 83,300 shares for $1.00M at $12.00 on June 1 — largest single trade in the cluster.
  • Exec Kate DeHoff sold 15,201 shares for $179K at $11.77 on June 2.
  • Six directors were granted/credited with non-cash RSU awards and derivative exercises on June 2: 0 cash involved.
  • Total cluster cash-out: $2.07M — only 0.022% of $9.4B market cap, well below routine materiality threshold.
  • Prior 30d saw only 1 sell totaling $887K (the same CFO sale) — no escalation pattern.

Financial Impact

Total open-market insider selling of $2.07M, equal to 0.022% of JOBY's market cap

insider sellingmarket cap

Risk Factors

  • CFO selling alongside director sales could be misread as an informed signal by the market, but the absolute dollar amount is trivial for a $9.4B company
  • Continued insider selling in future quarters could build a more material pattern

Market Snapshot

Exchange
NYSE
Sector
Aircraft
Analyst Consensus
20% bullish (15 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-JOBY-1780949524611
8 reports for JOBY
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for JOBY — sortable, filterable
Type Now
Jun 8, 2026
6d ago
Insider Cluster
NEUTRAL ★ 4/10
$9.71 awaiting T+5awaiting T+5$9.15 (−5.77%)
May 28, 2026
17d ago
144
NEUTRAL ★ 4/10
awaiting T+5
May 26, 2026
19d ago
Insider Cluster
NEUTRAL ★ 4/10
$11.48 $11.87▲ +3.40%▲ +2.19%$9.15 (−20.30%)
Apr 8, 2026
9w ago
Insider Cluster
BEARISH ★ 6/10
$8.63 $9.13▼ −5.79%▼ −2.28%$9.15 (−6.03%)
Apr 8, 2026
9w ago
Insider Cluster
NEUTRAL ★ 2/10
$8.63 $9.13▲ +5.79%▲ +2.28%$9.15 (+6.03%)
Apr 2, 2026
10w ago
Insider Cluster
NEUTRAL ★ 3/10
$8.50 $8.34▼ −1.88%▼ −5.50%$9.15 (+7.65%)
Apr 2, 2026
10w ago
Insider Cluster
BEARISH ★ 6/10
$8.50 $8.34▲ +1.88%▲ +5.50%$9.15 (−7.65%)
Mar 11, 2026
13w ago
8-K
NEUTRAL ★ 5/10
$9.74 $9.69▼ −0.51%▲ +0.47%$9.15 (−6.06%)
Showing 8 of 8

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