Dunkiel Brian 4
Research Summary
AI-generated summary
BETA Technologies CLO Brian Dunkiel Sells 9,684 Shares
What Happened
Brian Dunkiel, Chief Legal Officer, Vice President and Secretary of BETA Technologies (BETA), sold 9,684 shares of Class A common stock in open-market/private transactions on May 7, 2026. The weighted-average sale price was $18.12 per share, generating proceeds of about $175,490. This sale was a mandatory transaction to cover tax withholding connected with the settlement of performance-based restricted stock units (RSUs), not an independent discretionary sell signal.
Key Details
- Transaction date: 2026-05-07 (sale); Form 4 filed 2026-05-11 (filed within the typical 2-business-day window).
- Transaction type/code: S = Sale (mandatory tax-withholding related to RSU settlement).
- Shares sold: 9,684; weighted-average price reported $18.12; proceeds ≈ $175,490.
- Price range: sales occurred in multiple trades at prices from $17.61 to $19.6099 (weighted average shown).
- Reported holdings: filing notes 33,125 shares of Class A common stock held by Brian Dunkiel and Leslie Halperin as tenants-by-the-entirety. The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest.
- Footnote highlights: F1 = mandatory sale to cover tax liability on settled performance RSUs; F2 = weighted-average price and price range disclosure.
Context
This was a tax-withholding sale tied to RSU settlement (common routine practice) rather than an open-market sell reflecting new cashing-out decisions. For retail investors, mandatory withholding sales generally carry less informational weight about an insider’s view of the company than voluntary, discretionary purchases or sales.