BETA director reports 61,718-share equity consideration
BETA Technologies, Inc. director John E. Abele reported an indirect restructuring transaction involving the company’s Class A common stock.
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Form Type
4
Rhea-AI Filing Summary
BETA Technologies, Inc. director John E. Abele reported an indirect restructuring transaction involving the company’s Class A common stock. North Point Partner LLC, an entity associated with him, received 61,718 shares as equity consideration in connection with BETA’s acquisition of an entity in which he held an indirect ownership interest.
Following this transaction, North Point Partner LLC held 10,348,225 shares of Class A common stock. Abele also reported 1,071 shares held directly and additional indirect holdings through several LLCs, including 2,165,679 shares via Staysail 11 LLC and 1,723,528 shares via Harmony Partner Group LLC.
Insider Trade Summary
Other: 61,718 shares
Other
12 txns
Insider
ABELE JOHN E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A common stock | 61,718 | $0.00 | $0.00 |
| holding | Class A common stock | -- | -- | -- |
| holding | Class A common stock | -- | -- | -- |
| holding | Class A common stock | -- | -- | -- |
| holding | Class A common stock | -- | -- | -- |
| holding | Class A common stock | -- | -- | -- |
| holding | Class A common stock | -- | -- | -- |
| holding | Class A common stock | -- | -- | -- |
| holding | Class A common stock | -- | -- | -- |
| holding | Class A common stock | -- | -- | -- |
| holding | Class A common stock | -- | -- | -- |
| holding | Class A common stock | -- | -- | -- |
Holdings After Transaction:
Class A common stock — 10,348,225 shares (Indirect, By North Point Partner LLC);
Class A common stock — 1,071 shares (Direct);
Class A common stock — 2,165,679 shares (Indirect, By Staysail 11 LLC);
Class A common stock — 1,723,528 shares (Indirect, By Harmony Partner Group LLC);
Class A common stock — 937,311 shares (Indirect, By Spritsail 4 LLC);
Class A common stock — 757,687 shares (Indirect, By Staysail 15 LLC);
Class A common stock — 455,800 shares (Indirect, By Kynosis, LLC);
Class A common stock — 375,155 shares (Indirect, By Spritsail 9 LLC);
Class A common stock — 259,726 shares (Indirect, By Spritsail 4A LLC);
Class A common stock — 207,235 shares (Indirect, By Spritsail 10A LLC);
Class A common stock — 94,192 shares (Indirect, By Staysail 16A LLC);
Class A common stock — 87,920 shares (Indirect, By Spritsail 2A LLC)
Footnotes (1)
- F1. Represents equity consideration issued to the Reporting Person in connection with an acquisition by the Issuer of an entity in which the Reporting Person held an indirect ownership interest.
Key Figures
Equity consideration shares: 61,718 shares
North Point Partner LLC holdings: 10,348,225 shares
Direct holdings: 1,071 shares
+2 more
5 metrics
Equity consideration shares
61,718 shares
Issued to North Point Partner LLC in acquisition-related consideration
North Point Partner LLC holdings
10,348,225 shares
Class A common stock following the reported transaction
Direct holdings
1,071 shares
Class A common stock directly held by John E. Abele after transaction
Staysail 11 LLC holdings
2,165,679 shares
Indirect Class A holdings reported through Staysail 11 LLC
Harmony Partner Group LLC holdings
1,723,528 shares
Indirect Class A holdings reported through Harmony Partner Group LLC
Key Terms
Class A common stock, equity consideration, indirect ownership interest, indirect, +1 more
5 terms
Class A common stock financial
"security_title: "Class A common stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
equity consideration financial
"Represents equity consideration issued to the Reporting Person"
Equity consideration is when a buyer pays for an acquisition, asset or deal by giving shares instead of cash, so the seller becomes a part-owner of the combined business. Investors care because issuing shares changes who owns and controls the company and can dilute existing shareholders, while also aligning the seller’s incentives with future performance — similar to taking a stake in a venture instead of a one-time cash payment.
indirect ownership interest financial
"entity in which the Reporting Person held an indirect ownership interest"
indirect financial
"ownership_type: "indirect" and nature_of_ownership entries"
restructuring financial
"restructuringCount": 1, "restructuringShares": 61718"
Restructuring is a deliberate rearrangement of a company’s operations, finances, or ownership—like reorganizing a cluttered house to run more efficiently—often involving cost cuts, asset sales, debt changes, or staff moves. Investors pay attention because restructuring can improve profitability and free up cash, but it can also signal distress, incur one-time costs, or dilute shareholder value; its success affects future earnings and stock performance.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did BETA (BETA) report for John E. Abele?
BETA Technologies reported that director John E. Abele had an indirect restructuring transaction. North Point Partner LLC, associated with him, received 61,718 Class A shares as equity consideration tied to BETA’s acquisition of an entity where he held an indirect ownership interest.
What indirect BETA (BETA) holdings does John E. Abele report besides North Point Partner LLC?
Beyond North Point Partner LLC, John E. Abele reports indirect BETA holdings through several LLCs. These include 2,165,679 shares via Staysail 11 LLC and 1,723,528 shares via Harmony Partner Group LLC, along with additional positions in other named entities.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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