Donovan Sean 4
Research Summary
AI-generated summary
BETA COO Sean Donovan Receives 35,491-Share Award
What Happened
- Sean Donovan, Chief Operating Officer of BETA Technologies (BETA), was reported to have acquired 35,491 shares on 2026-04-14 as an award/vesting (transaction code A). The filing lists the acquisition price as $0.00 (shares issued upon vesting), so no cash purchase or open-market sale occurred.
Key Details
- Transaction date and price: April 14, 2026 — 35,491 shares acquired at $0.00 per share (award/vesting).
- Shares owned after transaction: Not disclosed in the information provided in this summary.
- Footnote: These shares represent Class A common stock received upon the vesting of performance-based restricted stock units (PSUs) granted on January 30, 2026; each PSU equals the contingent right to one share and vested because specified performance criteria were met.
- Filing timeliness: Report filed April 16, 2026 — within the typical two-business-day Section 16 reporting window (not marked late).
Context
- These were compensation-driven PSUs that converted to shares upon meeting performance targets; such awards are routine executive compensation and do not by themselves indicate buying or selling intent. No option exercise, sale, or cashless transaction is indicated — this is an issuance/vesting event.