Donovan Sean 4

What Happened
Sean Donovan, Chief Operating Officer of BETA Technologies (BETA), sold 19,008 shares on 2026-05-07 in an open-market/private sale. The Form 4 reports a weighted average price of $18.12 per share, for total proceeds of approximately $344,455. The filing notes this was a mandatory sale to cover tax liability arising from the settlement of performance-based restricted stock units (RSUs).

Key Details

• Transaction date: 2026-05-07; Form 4 filed: 2026-05-11 (filed within the SEC’s two-business-day window).
• Transaction type/code: Sale (S), open-market/private sale.
• Reported weighted average price: $18.12 per share; reported trade price range: $17.6100 to $19.6099 (multiple trades).
• Total proceeds: ~$344,455.
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Footnotes: F1 indicates a mandatory sale to cover tax withholding for settled performance RSUs. F2 explains the $18.12 figure is a weighted average and that the filer can provide a breakdown of shares sold at each price on request.

Context
This sale was a tax-withholding/settlement-related disposition of RSU shares rather than an opportunistic open-market trade, which is common when performance awards vest. Such mandatory tax-withholding sales do not necessarily indicate management’s view of the company’s prospects.