Churchill David Lawrence 4

What Happened
Churchill David Lawrence, Chief Technology Officer and Director of BETA Technologies (BETA), acquired a total of 35,589 shares of Class A common stock on April 14, 2026. The Form 4 shows two award acquisitions: 35,491 shares and 98 shares, each reported at $0.00 per share, reflecting shares issued upon the vesting of performance-based restricted stock units (PSUs).

Key Details

• Transaction date: 2026-04-14; Form 4 filed 2026-04-16.
• Reported acquisitions: 35,491 shares (F1) and 98 shares (F2) at $0.00 each; total 35,589 shares reported as acquired. Reported cash value on the Form 4 is $0.
• Footnotes: F1 = shares from PSUs awarded to the reporting person (granted Jan 30, 2026) that vested upon achievement of performance criteria; F2 = shares from PSUs awarded to the reporting person’s domestic partner that vested on the same basis; F3 = reporting person disclaims beneficial ownership except to the extent of his pecuniary interest.
• Shares owned after the transaction are not specified in the provided filing.
• Filing appears timely (transaction 4/14/2026; Form 4 filed 4/16/2026), consistent with standard Section 16 reporting windows.

Context
These were vesting events for performance-based RSUs (PSUs). Because the PSUs were contingent on performance, the shares were not previously reportable when the awards were granted. Vesting of compensation awards is a routine, non-open-market issuance and does not by itself indicate a purchase or sale intent by the insider.