Clark Kyle 4

What Happened

• Kyle Clark, President and Chief Executive Officer of BETA Technologies (BETA), sold a total of 30,000 common shares in two transactions: 15,000 shares on 2026-06-29 at a weighted average price of $16.38 (proceeds $245,754) and 15,000 shares on 2026-06-30 at a weighted average price of $16.60 (proceeds $248,937). Total proceeds were approximately $494,691. These were sales (not purchases).

Key Details

• Transaction dates and reported weighted-average prices:
  • 2026-06-29: 15,000 shares sold @ $16.38 (total $245,754). Footnote: prices in this lot ranged from $16.10 to $17.00; the $16.38 is a weighted average.
  • 2026-06-30: 15,000 shares sold @ $16.60 (total $248,937). Footnote: prices in this lot ranged from $16.20 to $16.84; the $16.60 is a weighted average.
• Total shares sold: 30,000; total reported proceeds: ~$494,691.
• The sales were effected pursuant to a previously established 10b5-1 plan by The Godric's Hollow Trust, an entity affiliated with Mr. Clark (footnote).
• The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest (footnote).
• Filing date: 2026-07-01 (Form 4). This filing appears timely — within the SEC’s two-business-day reporting window for insider transactions.
• Shares owned after the transaction: not disclosed in the provided filing excerpt.

Context

• These were pre-arranged sales under a 10b5-1 plan, which are commonly used to sell shares on a preset schedule and do not, by themselves, indicate a change in the insider’s view of the company. Sales (unlike purchases) are often routine or for personal/liquidity reasons; no motive is stated in the filing.