Affiliated trust of BETA (BETA) director Clark Kyle sells 45,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BETA Technologies, Inc. director and officer Clark Kyle reported indirect open-market sales of Class A common stock through an affiliated trust. The Godric's Hollow Trust sold 15,000 shares on each of June 18, 2026, June 22, 2026, and June 23, 2026 at weighted average prices of $15.7826, $15.7379, and $16.0085 per share, respectively, totaling 45,000 shares. These transactions were made under a previously established Rule 10b5-1 trading plan by the trust. Following the latest sale, the trust held 5,644,837 Class A shares indirectly associated with Kyle, who disclaims beneficial ownership except to the extent of his pecuniary interest. Additional holding entries show indirect positions through The Burrow Trust and Kyle's spouse, as well as a direct holding balance.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 45,000 shares ($712,935)
Net Sell
6 txns
Insider
Clark Kyle
Role
SEE REMARKS
Sold
45,000 shs ($713K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A common stock | 15,000 | $16.0085 | $240K |
| Sale | Class A common stock | 15,000 | $15.7379 | $236K |
| Sale | Class A common stock | 15,000 | $15.7826 | $237K |
| holding | Class A common stock | -- | -- | -- |
| holding | Class A common stock | -- | -- | -- |
| holding | Class A common stock | -- | -- | -- |
Holdings After Transaction:
Class A common stock — 5,644,837 shares (Indirect, By The Godric's Hollow Trust);
Class A common stock — 748,915 shares (Direct, null)
Footnotes (1)
- This transaction was effected pursuant to a previously established 10b5-1 plan by The Godric's Hollow Trust, an entity affiliated with the reporting person. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.32 to $16.32, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 2 to this Form 4. The reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.31 to $16.05, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 4 to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.25 to $16.37, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 5 to this Form 4.
Key Figures
Total shares sold: 45,000 shares
June 18 weighted average price: $15.7826 per share
June 22 weighted average price: $15.7379 per share
+5 more
8 metrics
Total shares sold
45,000 shares
Open-market sales by The Godric's Hollow Trust in June 2026
June 18 weighted average price
$15.7826 per share
15,000 Class A shares sold on June 18, 2026
June 22 weighted average price
$15.7379 per share
15,000 Class A shares sold on June 22, 2026
June 23 weighted average price
$16.0085 per share
15,000 Class A shares sold on June 23, 2026
Trust holding after sales
5,644,837 shares
Class A shares held by The Godric's Hollow Trust after June 23, 2026
Direct holding balance
748,915 shares
Direct Class A holding as of June 18, 2026
Burrow Trust holding
1,624,907 shares
Indirect Class A holding by The Burrow Trust as of June 18, 2026
Spouse holding
49,746 shares
Indirect Class A holding by spouse as of June 18, 2026
Key Terms
Rule 10b5-1 plan, weighted average price, pecuniary interest, indirect, +2 more
6 terms
Rule 10b5-1 plan regulatory
"This transaction was effected pursuant to a previously established 10b5-1 plan by The Godric's Hollow Trust"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
pecuniary interest financial
"The reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein."
indirect financial
"ownership_type": "indirect"
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.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transactions did BETA (BETA) disclose in this Form 4?
BETA disclosed three indirect open-market sales totaling 45,000 Class A shares. An affiliated trust sold 15,000 shares on each of June 18, 22, and 23, 2026 at weighted average prices between about $15.7 and $16.0 per share under a pre-established Rule 10b5-1 plan.
Were the BETA (BETA) insider sales made under a Rule 10b5-1 plan?
Yes, the filing states the transactions were effected under a previously established Rule 10b5-1 plan. Such plans pre-schedule trades, indicating the sales were arranged in advance rather than timed opportunistically based on short-term market developments.