BETA Technologies (BETA) legal officer exercises stock options and updates ownership

Rhea-AI Filing Summary

BETA Technologies officer Brian Dunkiel, the company’s Chief Legal Officer, Vice President and Secretary, reported an insider transaction involving employee stock options. On 12/31/2025, he exercised an employee stock option at an exercise price of $5.8218 per share, converting 6,544 options into Class A common stock. Following this transaction, he beneficially owns 76,622 shares of Class A common stock directly, plus additional indirect holdings of 15,692 shares through the Leslie J. Halperin Trust Exempt Fund and 1,500 shares through the Leslie J. Halperin Trust, for which he disclaims beneficial ownership except to the extent of his pecuniary interest. The option was granted on March 27, 2023 and is scheduled to be fully vested by January 27, 2027 under a staged vesting schedule.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Dunkiel Brian

(Last) (First) (Middle)

C/O BETA TECHNOLOGIES, INC.

1150 AIRPORT DRIVE

(Street)

SOUTH BURLINGTON VT 05403

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
BETA Technologies, Inc. [ BETA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SEE REMARKS

3. Date of Earliest Transaction (Month/Day/Year)
12/31/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A common stock	12/31/2025		M		6,544	A	$5.8218	76,622(1)	D
Class A common stock								15,692	I	By Leslie J. Halperin Trust Exempt Fund(2)
Class A common stock								1,500	I	By Leslie J. Halperin Trust(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option	$5.8218	12/31/2025		M			6,544	(3)	03/26/2033	Class A Common Stock	6,544	$0	262,799	D

Explanation of Responses:

1. The reported securities include 33,125 shares of Class A common stock held by Brian Dunkiel and Leslie Halperin, tenants-by-the-entirety.

2. The reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.

3. The reported options were granted on March 27, 2023, commenced vesting on January 27, 2023 with 1/8 vesting subject to a 6-month cliff and the remainder vesting ratably in 1/48 monthly installments thereafter, and will be fully vested on January 27, 2027.

Remarks:

Chief Legal Officer, Vice President and Secretary

	/s/ Brian Dunkiel	01/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did BETA (BETA) report in this Form 4?

The filing reports that officer Brian Dunkiel exercised 6,544 employee stock options for BETA Technologies Class A common stock on 12/31/2025 at an exercise price of $5.8218 per share.

How many BETA Technologies Class A shares does the reporting person own after the transaction?

After the reported transaction, Brian Dunkiel beneficially owns 76,622 shares of Class A common stock directly, plus 15,692 shares held by the Leslie J. Halperin Trust Exempt Fund and 1,500 shares held by the Leslie J. Halperin Trust.

What position does the reporting person hold at BETA Technologies (BETA)?

The reporting person, Brian Dunkiel, serves as Chief Legal Officer, Vice President and Secretary of BETA Technologies, Inc.

What are the key terms of the BETA Technologies employee stock option reported?

The reported employee stock option has an exercise price of $5.8218 per share, was granted on March 27, 2023, and is scheduled to be fully vested on January 27, 2027 under a multi-year vesting schedule.

How do the trust holdings relate to the reporting person’s beneficial ownership of BETA stock?

The filing notes that the reported securities include shares held in the name of the Leslie J. Halperin Trust Exempt Fund and the Leslie J. Halperin Trust, and that the reporting person disclaims beneficial ownership of those securities except to the extent of his pecuniary interest.

Does the filing describe any joint holdings of BETA Technologies shares?

Yes. The reported securities include 33,125 shares of Class A common stock held by Brian Dunkiel and Leslie Halperin as tenants-by-the-entirety.