BETA Technologies COO exercises 78,169 options
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Form Type
4
Rhea-AI Filing Summary
BETA Technologies, Inc. Chief Operating Officer Sean Donovan reported exercising 78,169 Employee Stock Options on November 10, 2026, at $0.9403 per share; he paid the exercise price in cash. The option row reported 78,170 options following the exercise.
Donovan also received 33,467 Class A shares upon vesting and settlement of performance-based restricted stock units, and 23,692 shares were withheld by the issuer for tax withholding. He sold 16,483 shares on November 10 at a weighted-average $28.0084 per share, with trades ranging from $27.60 to $28.63, and 6,684 shares on November 11 at $28.3803 per share. Both sales were under a Rule 10b5-1 plan adopted June 29, 2026.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
6 txns
Insider
Donovan Sean
Role
CHIEF OPERATING OFFICER
Sold
23,167 shs ($651K)
Approx. gross sale proceeds
$651K
Approx. exercise cost
$74K
Share of Position Sold
8.8%
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A common stock F4 | 6,684 | $28.3803 | $190K |
| Exercise | Employee Stock Option F6 | 78,169 | $0.00 | $0.00 |
| Exercise | Class A common stock F1 | 78,169 | $0.9403 | $74K |
| Grant/Award | Class A common stock F2 | 33,467 | $0.00 | $0.00 |
| Tax Withholding | Class A common stock F3 | 23,692 | $28.09 | $666K |
| Sale | Class A common stock F4, F5 | 16,483 | $28.0084 | $462K |
Holdings After Transaction:
Employee Stock Option — 78,170 options (Direct);
Class A common stock — 240,972 shares (Direct)
Holdings Before and After:
Employee Stock Option, 156,339 to 78,170 options (Direct);
Class A common stock, 176,195 to 240,972 shares (Direct)
Other Insiders: 1 other insider reported open-market sales of this stock in the 30 days up to this filing.
Footnotes (6)
- F1. The exercise price for the reported exercise of an Employee Stock Option was fully paid by the Reporting Person in cash.
- F2. Represents shares of Class A common stock received upon the vesting and settlement of performance-based restricted stock units ("PSUs") awarded to the Reporting Person on October 10, 2026, which vested based on the Issuer's satisfaction of certain performance criteria.
- F3. Represents shares of Class A common stock withheld by the Issuer, at the Issuer's sole option, to satisfy tax withholding obligations in connection with the settlement of PSUs and restricted stock units on November 10, 2026.
- F4. The reported transactions were pursuant to a 10b5-1 plan adopted June 29, 2026.
- F5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.60 to $28.63, 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 range set forth in this footnote.
- F6. The reported options are fully vested and exercisable.
Key Figures
Employee Stock Options exercised: 78,169 options
Option exercise price: $0.9403 per share
Options following exercise: 78,170 Employee Stock Options
+5 more
8 metrics
Employee Stock Options exercised
78,169 options
November 10, 2026
Option exercise price
$0.9403 per share
Exercise on November 10, 2026; paid in cash
Options following exercise
78,170 Employee Stock Options
Reported following the November 10, 2026 exercise
Shares from PSU vesting and settlement
33,467 Class A shares
PSUs awarded October 10, 2026
Shares withheld for tax withholding
23,692 shares
In connection with PSU and RSU settlement on November 10, 2026
November 10 sale
16,483 shares at a weighted-average $28.0084 per share
Multiple transactions ranged from $27.60 to $28.63; under a Rule 10b5-1 plan
November 11 sale
6,684 shares at $28.3803 per share
Under a Rule 10b5-1 plan
November 10 sale price range
$27.60 to $28.63 per share
Inclusive range for multiple sale transactions
Key Terms
Rule 10b5-1 plan, performance-based restricted stock units, weighted average price, tax withholding obligations, +1 more
5 terms
Rule 10b5-1 plan regulatory
"pursuant to a 10b5-1 plan adopted June 29, 2026"
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.
performance-based restricted stock units financial
"vesting and settlement 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.
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.
tax withholding obligations financial
"to satisfy tax withholding obligations in connection with the settlement"
fully vested and exercisable financial
"The reported options are fully vested and exercisable"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What option exercise did BETA COO Sean Donovan report?
Sean Donovan exercised 78,169 Employee Stock Options on November 10, 2026, at an exercise price of $0.9403 per share, which he paid in cash. The reported options were fully vested and exercisable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
