4Filed Aug 17, 8:00 PM ET
BETA Technologies CEO Clark Kyle Sells 77,800 Shares
$BETA · BETA Technologies, Inc.Research Summary
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BETA Technologies CEO Clark Kyle Sells 77,800 Shares
What Happened Clark Kyle (President, CEO and Director) disposed of a total of 87,800 BETA common shares between Aug 14–18, 2026. That total includes a 10,000‑share bona fide gift to charity (no proceeds) and three open‑market sales of 17,800, 30,000 and 30,000 shares that together generated approximately $1,973,053 in proceeds (reported per‑trade weighted average prices of $24.66, $25.08 and $26.06). These were sales (not purchases), which are often routine insider liquidity events rather than a bullish signal.
Key Details
- Transaction dates and reported prices:
- 2026-08-14: Gift of 10,000 shares (no proceeds; charitable donation).
- 2026-08-14: Sale of 17,800 shares at a weighted avg $24.66 (reported range ~$24.105–$25.50).
- 2026-08-17: Sale of 30,000 shares at a weighted avg $25.08 (reported range ~$24.40–$25.60).
- 2026-08-18: Sale of 30,000 shares at a weighted avg $26.06 (reported range ~$24.74–$26.89).
- Total proceeds from sales ≈ $1,973,053; gift value reported as $0 on Form 4.
- Shares owned after the transactions: not specified in the information provided on this summary (see the Form 4 for post‑transaction holdings).
- Notable footnotes:
- F1: 10,000‑share gift was to a charitable organization.
- F2: At least one transaction was effected pursuant to a preexisting 10b5‑1 plan by The Godric’s Hollow Trust, an entity affiliated with Mr. Kyle.
- F3/F5/F6: Reported sale prices are weighted averages; filings state the shares were sold in multiple trades across the price ranges listed and that full per‑price breakdowns are available on request.
- F4: Reporting person disclaims beneficial ownership of certain securities except to the extent of pecuniary interest.
- Timeliness: Form 4 was filed on 2026-08-18 covering trades dated 8/14–8/18; filing timing appears consistent with Form 4 reporting rules (filed within required business‑day window).
Context
- Gifts to charity (F1) are personal/charitable dispositions and do not necessarily reflect the insider’s market view. Sales executed under a 10b5‑1 plan (F2) are pre‑arranged and may occur irrespective of current management sentiment. The filing notes weighted‑average prices and offers to provide per‑trade price details on request; check the full Form 4 for the precise per‑trade breakdown and post‑transaction holdings if you need exact ownership figures.