4Filed Aug 10, 8:00 PM ET
BETA CEO Clark Kyle Sells 47,896 Shares (~$1.15M)
$BETA · BETA Technologies, Inc.Research Summary
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BETA CEO Clark Kyle Sells 47,896 Shares (~$1.15M)
What Happened
Clark Kyle, President and Chief Executive Officer of BETA Technologies (BETA), reported three open‑market sales between Aug 7 and Aug 11, 2026, disposing of a total of 47,896 shares for aggregate proceeds of approximately $1,149,998. Individual transactions: 15,000 shares at a weighted avg $23.25 on 2026‑08‑07 ($348,809); 15,891 shares at $24.24 on 2026‑08‑10 ($385,252); and 17,005 shares at $24.46 on 2026‑08‑11 ($415,937). These were sales (not purchases).
Key Details
- Transaction dates and reported weighted average prices:
- 2026‑08‑07: 15,000 shares @ $23.25 (range reported $23.10–$23.52) — $348,809
- 2026‑08‑10: 15,891 shares @ $24.24 (range reported $23.63–$25.25) — $385,252
- 2026‑08‑11: 17,005 shares @ $24.46 (range reported $23.48–$25.02) — $415,937
- Total shares sold: 47,896; total proceeds: ~$1.15 million.
- At least one sale was effected pursuant to a previously established 10b5‑1 trading plan (The Godric’s Hollow Trust) per footnotes.
- The filing disclaims broader beneficial ownership except for pecuniary interest (footnote).
- Shares owned after the transactions are not specified in this Form 4.
- Form 4 was filed on 2026‑08‑11 covering transactions through 2026‑08‑11; no late‑filing flag is indicated.
Context
- These were routine open‑market sales by an executive; sales do not necessarily signal a change in company outlook. A 10b5‑1 plan means at least some trades were prearranged and scheduled in advance.
- Weighted average prices are reported; the filing notes the sales occurred in multiple executions across the price ranges above and offers to provide a per‑trade breakdown on request.