Clark Kyle 4

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.