BETA Technologies (BETA) trust tied to director sells 45,000 shares under 10b5-1 plan
Rhea-AI Filing Summary
BETA Technologies, Inc. director and officer Kyle Clark reported open-market sales of Class A common stock through an affiliated entity. The Godric's Hollow Trust, which is associated with Clark, sold a total of 45,000 shares over three days at weighted average prices between $15.7880 and $16.5051 per share under a previously established Rule 10b5-1 trading plan. After these sales, The Godric's Hollow Trust held 5,599,837 shares. Separate holding entries show additional indirect ownership through The Burrow Trust and Clark's spouse, plus a direct holding of 748,915 shares, indicating a substantial remaining position associated with Clark.
Positive
- None.
Negative
- None.
Insights
Pre-planned trust sales total 45,000 BETA shares, with large holdings remaining.
Entities associated with Kyle Clark reported open-market sales of 45,000 shares of BETA Technologies Class A common stock. The Godric's Hollow Trust executed three sales between June 24, 2026 and June 26, 2026 at weighted average prices from $15.7880 to $16.5051 per share.
A footnote states these trades were made under a previously established Rule 10b5-1 plan, meaning they were pre-scheduled rather than opportunistic. Clark also disclaims beneficial ownership beyond his pecuniary interest, and the filing lists additional indirect holdings through The Burrow Trust and a spouse, plus 748,915 shares held directly.
Following the transactions, The Godric's Hollow Trust still holds 5,599,837 shares, so the 45,000 shares sold represent a small portion of the trust's position. With no derivative positions reported in this filing and substantial remaining share ownership, the sales appear routine and have limited signal value on their own.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A common stock | 15,000 | $16.5051 | $248K |
| Sale | Class A common stock | 15,000 | $15.788 | $237K |
| Sale | Class A common stock | 15,000 | $15.827 | $237K |
| holding | Class A common stock | -- | -- | -- |
| holding | Class A common stock | -- | -- | -- |
| holding | Class A common stock | -- | -- | -- |
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 $15.65 to $16.01, 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 $15.37 to $16.09, 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 $15.715 to $16.830, 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.