Cueto Herman 4
Research Summary
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BETA Technologies CFO Cueto Herman Sells 18,586 Shares
What Happened Cueto Herman, Chief Financial Officer of BETA Technologies (BETA), disposed of 18,586 shares on May 7, 2026. The reported weighted-average sale price was $18.12 per share, producing total proceeds of approximately $336,808. According to the filing, the sale was a mandatory transaction to cover tax withholding related to the settlement of performance-based restricted stock units (RSUs).
Key Details
- Transaction date: 2026-05-07 (reported on Form 4 filed 2026-05-11; filing is timely under Form 4 rules).
- Price: weighted average $18.12; individual sale prices ranged from $17.6100 to $19.6099.
- Shares sold: 18,586; proceeds ≈ $336,808.
- Shares owned after transaction: not disclosed in the provided filing.
- Footnotes: F1 = mandatory sale to cover tax liability on performance-based RSUs; F2 = weighted-average price with multiple sale prices in the range noted; the filer will provide a price breakdown on request.
- Transaction type: Sale (open market or private sale), coded S.
Context This sale was executed to satisfy tax withholding obligations on settled performance-based RSUs, which is a common, routine reason insiders sell shares and does not necessarily reflect a change in the insider’s view of the company. The filing shows multiple sale executions at varying prices (hence the weighted average). Purchases or independent open-market buys generally carry more weight as a signal of insider conviction than tax-related sales.