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.
Price Chart
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
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
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
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-JOBY-1780949524611 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 14, 2026 12d ago | Insider Cluster | $4.81 $4.70 | ▼ −2.29% | ▼ −1.27% | $5.06 (+5.20%) |
Oct 5, 2026 21d ago | Insider Cluster | $5.78 $4.95 | ▼ −14.36% | ▼ −14.22% | $5.06 (−12.46%) |
Oct 2, 2026 24d ago | 144 | $5.78 $5.14 | ▼ −11.07% | ▼ −11.49% | $5.06 (−12.46%) |
Oct 2, 2026 24d ago | 144 | $5.95 $5.44 | ▼ −8.57% | ▼ −9.73% | $5.06 (−14.96%) |
Sep 23, 2026 4w ago | Insider Cluster | $6.30 $5.96 | ▲ +5.40% | ▲ +4.98% | $5.06 (+19.68%) |
Sep 3, 2026 7w ago | Insider Cluster | $6.74 $6.30 | ▼ −6.53% | ▼ −5.32% | $5.06 (−24.93%) |
Sep 3, 2026 7w ago | Insider Cluster | $6.74 $6.30 | ▼ −6.53% | ▼ −5.32% | $5.06 (−24.93%) |
Aug 25, 2026 8w ago | Insider Cluster | $7.14 $6.82 | ▲ +4.48% | ▲ +4.36% | $5.06 (+29.13%) |
Aug 18, 2026 9w ago | Insider Cluster | $7.72 $7.14 | ▲ +7.51% | ▲ +7.13% | $5.06 (+34.46%) |
Aug 13, 2026 10w ago | 144 | $7.92 $7.53 | ▼ −4.92% | ▼ −3.56% | $5.06 (−36.11%) |
US Market Status
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