Clark Kyle 4
4 · BETA Technologies, Inc. · Filed May 11, 2026
Research Summary
AI-generated summary of this filing
BETA CEO Clark Kyle Sells 72,261 Shares for $1.31M
What Happened Clark Kyle, Chief Executive Officer and President of BETA Technologies (BETA), disposed of 72,261 shares in two transactions on May 7, 2026. The Form 4 reports a weighted average price of $18.12 per share and combined proceeds of $1,309,485 (67,296 shares for $1,219,511; 4,965 shares for $89,974). Footnote F1 states these sales were mandatory to cover tax liabilities from the settlement of performance-based restricted stock units (RSUs).
Key Details
- Transaction date: 2026-05-07; Form 4 filed: 2026-05-11 (appears late vs. the usual 2-business-day deadline).
- Transaction type: Sales (S) — open market or private sale.
- Shares sold: 67,296 and 4,965 (total 72,261).
- Reported weighted average price: $18.12; reported execution range: $17.61–$19.6099 (F2).
- Combined proceeds: $1,309,485.
- Reason given: Mandatory tax-withholding on settled performance RSUs (F1).
- Shares owned after transaction: not disclosed on this filing.
- Beneficial ownership disclaimer: reporting person disclaims beneficial ownership except for pecuniary interest (F3).
Context These were withholding sales tied to RSU settlement (routine for covering taxes) rather than discretionary open-market sales expressing opinion about the stock. The weighted average and range indicate multiple execution prices; the filer offers to provide a detailed per-price breakdown on request (F2). Retail investors typically view purchases as a stronger signal than mandatory tax-related sales.
Insider Transaction Report
- Sale
Class A common stock
[F1][F2]2026-05-07$18.12/sh−67,296$1,219,511→ 748,915 total - Sale
Class A common stock
[F1][F2][F3]2026-05-07$18.12/sh−4,965$89,974→ 49,746 total(indirect: By Spouse)
- 1,624,907(indirect: By Trust)
Class A common stock
[F3] - 5,719,837(indirect: By Trust)
Class A common stock
[F3]
Footnotes (3)
- [F1]Mandatory sale to cover tax liability associated with the settlement of performance-based restricted stock units.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.6100 to $19.6099, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 2 to this Form 4.
- [F3]The reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.