Clark Kyle 4
4 · BETA Technologies, Inc. · Filed Jun 23, 2026
Research Summary
AI-generated summary of this filing
BETA CEO Clark Kyle Sells 45,000 Shares
What Happened Clark Kyle, Chief Executive Officer and President of BETA Technologies (BETA), sold a total of 45,000 shares in three open-market transactions. Each tranche was 15,000 shares: 6/18 at a weighted average price of $15.78 (≈ $236,739), 6/22 at $15.74 (≈ $236,069), and 6/23 at $16.01 (≈ $240,128). Total proceeds across the three sales were approximately $712,936. These were sales (not purchases), commonly routine dispositions rather than a direct bullish signal.
Key Details
- Transaction dates and weighted-average prices: 6/18/2026 — 15,000 sh @ $15.78; 6/22/2026 — 15,000 sh @ $15.74; 6/23/2026 — 15,000 sh @ $16.01.
- Total sold: 45,000 shares for roughly $712,936.
- Shares owned after transaction: Not specified in the provided filing.
- Notable footnotes: sale(s) were effected pursuant to a previously established 10b5-1 plan through The Godric's Hollow Trust (affiliated entity). The filing reports weighted-average prices covering multiple execution prices (ranges reported about $15.25–$16.37, $15.31–$16.05, and $15.32–$16.32). The reporting person disclaims beneficial ownership except to the extent of a pecuniary interest.
- Timeliness: The Form 4 was filed 2026-06-23; the 6/18/2026 sale appears to have been reported one business day late relative to the two-business-day Form 4 deadline.
Context A 10b5-1 trading plan indicates these sales were likely pre-scheduled transactions, which are commonly used by insiders to sell shares without trading on inside information. That structure (plus the reporting-person’s disclaimer of beneficial ownership) suggests these sales reflect planned dispositions rather than an immediate change in insider sentiment.
Insider Transaction Report
- Sale
Class A common stock
[F1][F2][F3]2026-06-18$15.78/sh−15,000$236,739→ 5,674,837 total(indirect: By Trust) - Sale
Class A common stock
[F1][F4][F3]2026-06-22$15.74/sh−15,000$236,069→ 5,659,837 total(indirect: By Trust) - Sale
Class A common stock
[F1][F5][F3]2026-06-23$16.01/sh−15,000$240,128→ 5,644,837 total(indirect: By Trust)
- 748,915
Class A common stock
- 49,746(indirect: By Spouse)
Class A common stock
[F3] - 1,624,907(indirect: By Trust)
Class A common stock
[F3]
Footnotes (5)
- [F1]This transaction was effected pursuant to a previously established 10b5-1 plan by The Godric's Hollow Trust, an entity affiliated with the reporting person.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.32 to $16.32, 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.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.31 to $16.05, 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 4 to this Form 4.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.25 to $16.37, 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 5 to this Form 4.