Clark Kyle 4
Research Summary
AI-generated summary
BETA Technologies CEO Kyle Clark Sells 30,000 Shares
What Happened Kyle Clark, BETA Technologies’ Chief Executive Officer and President (listed as a director on the form), sold a total of 30,000 shares in two open-market transactions. On 2026-06-16 he disposed of 15,000 shares at a weighted average price of $15.89 for $238,340; on 2026-06-17 he disposed of 15,000 shares at a weighted average price of $16.05 for $240,801. Total proceeds reported: approximately $479,141. These were sales (not purchases or option exercises).
Key Details
- Transaction dates: 2026-06-16 (15,000 shares @ weighted avg $15.89) and 2026-06-17 (15,000 shares @ weighted avg $16.05). Total ~30,000 shares sold.
- Reported proceeds: $238,340 and $240,801, total ≈ $479,141.
- Price ranges: the filing notes the 6/16 sales ranged from $15.47 to $16.63 and the 6/17 sales ranged from $15.63 to $16.41 (weighted averages reported).
- Footnotes: sales were effected pursuant to a previously established 10b5‑1 plan by The Godric’s Hollow Trust, an entity affiliated with Mr. Clark. The reporting person also disclaims beneficial ownership except to the extent of his pecuniary interest.
- Filing: Form 4 filed 2026-06-18 for transactions on 6/16 and 6/17; this filing date appears to be timely (within the standard two-business-day window).
- Transaction code: S = Sale.
Context Sales done under a 10b5‑1 plan are pre-scheduled trades and are commonly viewed as routine rather than a direct signal of changing insider sentiment. The trust affiliation and beneficial-ownership disclaimer indicate these shares were held/managed through an affiliated trust; the filing does not, in the supplied excerpt, state the reporting person’s remaining shares after these transactions. For full details (exact per-trade prices, post-transaction holdings) refer to the complete SEC Form 4 filing.