Equity awards boost BETA (BETA) insider Kyle Clark’s direct and trust holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BETA Technologies, Inc. director and officer Kyle Clark reported equity awards tied to performance goals rather than open-market trades. On April 14, 2026, he acquired 141,964 shares of Class A common stock at no cost upon vesting of performance-based restricted stock units granted on January 30, 2026. His direct holdings increased to 816,211 shares.
Clark’s spouse also received 14,196 shares of Class A common stock at no cost from vesting of similar performance-based units, bringing indirect holdings through the spouse to 54,711 shares. Additional indirect positions are reported as 5,719,837 shares held by The Godric's Hollow Trust and 1,624,907 shares held by The Burrow Trust, with Clark disclaiming beneficial ownership except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Clark Kyle
Role
SEE REMARKS
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A common stock | 141,964 | $0.00 | -- |
| Grant/Award | Class A common stock | 14,196 | $0.00 | -- |
| holding | Class A common stock | -- | -- | -- |
| holding | Class A common stock | -- | -- | -- |
Holdings After Transaction:
Class A common stock — 816,211 shares (Direct);
Class A common stock — 54,711 shares (Indirect, By Spouse)
Footnotes (1)
- Represents shares of Class A common stock received upon the vesting of performance-based restricted stock units ("PSUs") awarded to the Reporting Person on January 30, 2026, which vested based on the Issuer's satisfaction of certain performance criteria. In light of the performance-based vesting criteria of the PSUs, such shares were not previously reportable under Section 16. Each PSU represents the contingent right to receive one share of Class A common stock of the Issuer. Represents shares of Class A common stock received upon the vesting of performance-based restricted stock units ("PSUs") awarded to the spouse of the Reporting Person on January 30, 2026, which vested based on the Issuer's satisfaction of certain performance criteria. In light of the performance-based vesting criteria of the PSUs, such shares were not previously reportable under Section 16. Each PSU represents the contingent right to receive one share of Class A common stock of the Issuer. The reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
Key Figures
Direct award shares: 141,964 shares
Spousal award shares: 14,196 shares
Direct holdings after transaction: 816,211 shares
+3 more
6 metrics
Direct award shares
141,964 shares
Class A common stock from PSUs vesting on April 14, 2026
Spousal award shares
14,196 shares
Class A common stock from spouse’s PSUs vesting on April 14, 2026
Direct holdings after transaction
816,211 shares
Class A common stock held directly after April 14, 2026 awards
Spousal indirect holdings
54,711 shares
Class A common stock held indirectly through spouse after awards
Godric's Hollow Trust holdings
5,719,837 shares
Class A common stock held indirectly via The Godric's Hollow Trust
The Burrow Trust holdings
1,624,907 shares
Class A common stock held indirectly via The Burrow Trust
Key Terms
performance-based restricted stock units, PSUs, Section 16, pecuniary interest, +1 more
5 terms
performance-based restricted stock units financial
"Represents shares of Class A common stock received upon the vesting of performance-based restricted stock units"
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
PSUs financial
"Each PSU represents the contingent right to receive one share of Class A common stock"
PSUs are company shares promised to employees or executives that only become actual stock if the business hits specific performance targets over a set period. For investors, PSUs matter because they link pay to measurable outcomes — similar to a conditional bonus that converts into ownership — which can influence management decisions, dilution of shares, and signals about confidence in future results.
Section 16 regulatory
"such shares were not previously reportable under Section 16"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
pecuniary interest financial
"disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein"
indirect ownership financial
"total shares following transaction 5,719,837.0000, direct_or_indirect I, nature_of_ownership By The Godric's Hollow Trust"
FAQ
What insider transactions did Kyle Clark report for BETA (BETA)?
Kyle Clark reported acquiring Class A common shares through equity awards, not market trades. He received 141,964 shares from performance-based restricted stock units vesting, and his spouse received 14,196 shares, both at no cost, increasing their reported ownership stakes in BETA Technologies.
What are performance-based restricted stock units in the BETA (BETA) Form 4 filing?
Performance-based restricted stock units are equity awards that convert into shares only if performance goals are met. In this BETA filing, each PSU represented one Class A share, and the units vested after the company satisfied certain performance criteria, triggering delivery of shares to Clark and his spouse.
Does the BETA (BETA) Form 4 show any insider sales by Kyle Clark?
The reported activity reflects share acquisitions from equity awards, with no sales disclosed. Transactions coded as awards increased Clark’s direct and indirect positions, while additional entries list post-transaction holdings in trusts without indicating any dispositions of BETA Class A common stock.