Joby Aviation CEO JoeBen Bevirt Sells $11.2M in JOBY Stock — Seven Insiders All Selling

Joby Aviation CEO and Chief Architect JoeBen Bevirt sold $11.2 million in JOBY stock across 7 transactions on February 17, 2026, at approximately $9.91 per share. Six other insiders also sold shares, bringing total insider selling to $11.52 million — nearly all of it from the CEO.

CEO Dominates the Selling

Insider	Title	Transactions	Value	Shares After	Career Sales
JoeBen Bevirt	CEO & Chief Architect	7	$11.20M	246,006	$57.3M
Kate DeHoff	Executive	3	$0.26M	149,369	$5.3M
Didier Papadopoulos	President, Aircraft OEM	2	$0.02M	116,725	$4.9M
Eric Allison	Chief Product Officer	1	$0.02M	704,036	$3.2M
Bonny Simi	President of Operations	1	$0.01M	129,286	$11.0M
Rodrigo Brumana	Chief Financial Officer	1	$0.01M	1,407	$0.2M
Gregory Bowles	Chief Policy Officer	1	$0.01M	164,464	$3.4M
Total: 7 insiders, 16 transactions			$11.52M

Bevirt's $57.3M Career — Selling the eVTOL Dream

JoeBen Bevirt founded Joby Aviation to build electric vertical takeoff and landing aircraft (eVTOL) — essentially electric air taxis. His $57.3 million in career insider sales shows that while he's building the future of urban air mobility, he's also been consistently taking money off the table.

The Feb 17 sales included two large blocks: 386,182 shares and 121,000 shares, both at $9.91. After selling, Bevirt's publicly disclosed position shows 246,006 shares, though as founder he likely holds additional shares through other entities.

CFO Brumana: 1,407 Shares Left

Perhaps the most telling detail: CFO Rodrigo Brumana sold 510 shares for just $5,380 — leaving him with only 1,407 shares worth approximately $14,000. A CFO with $14,000 worth of stock in the company whose finances he manages is a strikingly thin level of alignment.

Operations President Simi: $11M Career Seller

Bonny Simi, President of Operations, sold just $12,700 worth on this round — but her $11 million in career sales tells a different story. She retains 129,286 shares (~$1.3M), meaning she's monetized roughly 8x her current position.

The $10 eVTOL Stock

Joby is in the pre-revenue phase of commercializing its electric air taxi service. The stock at ~$10 represents investor faith in a technology that hasn't yet generated meaningful commercial revenue. Key upcoming milestones include FAA certification, commercial launch timelines, and infrastructure buildout for vertiports.

When seven insiders — including the CEO, CFO, CPO, and multiple presidents — all sell simultaneously at $10, it's a collective statement about near-term expectations:

• CEO Bevirt: $11.2M sold at $9.91 — 97% of all insider proceeds
• CFO Brumana: Down to 1,407 shares — minimal skin in the game
• 7 of 7 insiders selling: 100% participation rate
• Total career sales across all 7: $85.3M — significant cumulative monetization

For JOBY investors betting on the eVTOL revolution, the insiders are clearly hedging their bets. CEO Bevirt's $57.3M in career sales from a pre-revenue company tells you everything about how the founder views the risk-reward at current prices.