Clark Kyle 4
Research Summary
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BETA CEO Clark Kyle Sells 30,000 Shares
What Happened Clark Kyle, President and Chief Executive Officer of BETA Technologies (BETA), sold a total of 30,000 common shares in two open-market transactions. On July 1, 2026 he disposed of 15,000 shares at an average price of $17.41 for proceeds of $261,128; on July 2, 2026 he disposed of 15,000 shares at an average price of $17.93 for proceeds of $268,938. Total proceeds across both days were $530,066. These were sales (not purchases or option exercises).
Key Details
- Transaction dates and reported weighted-average prices:
- 2026-07-01: 15,000 shares sold @ $17.41 (weighted avg; individual trades ranged $16.78–$17.69).
- 2026-07-02: 15,000 shares sold @ $17.93 (weighted avg; individual trades ranged $17.49–$18.49).
- Total shares sold: 30,000; total proceeds: $530,066.
- Executed pursuant to a previously established 10b5-1 plan by The Godric's Hollow Trust, an entity affiliated with Mr. Kyle (footnote disclosure).
- Mr. Kyle disclaims beneficial ownership except to the extent of his pecuniary interest in the trust-held securities.
- Shares owned after the transactions: not disclosed on this Form 4.
- Filing: Form 4 dated July 6, 2026; no late filing indicator provided in the report.
Context Sales made under a pre-established 10b5-1 plan are typically scheduled in advance and are considered routine insider sales rather than immediate market-timing decisions. The footnotes note weighted-average prices and provide ranges for the individual trade prices; the reporting person has offered to supply detailed per-trade pricing on request.