BETA Technologies (BETA) CEO-linked trust sells 45,000 shares under 10b5-1 plan
Rhea-AI Filing Summary
BETA Technologies, Inc. reported that President and Chief Executive Officer Clark Kyle, through an affiliated entity, The Godric's Hollow Trust, sold a total of 45,000 shares of Class A common stock in open-market transactions under a previously established Rule 10b5-1 trading plan.
The trust sold 15,000 shares on August 12, 2026 at a weighted average price of $23.4667 per share, with prices ranging from $23.00 to $23.94, and 30,000 shares on August 13, 2026 at a weighted average price of $25.4175 per share, with prices ranging from $23.55 to $26.36. Following these transactions, Kyle is reported as holding 748,915 shares directly and additional indirect holdings, including 49,746 shares held by his spouse and 1,624,907 shares held by The Burrow Trust, while he disclaims beneficial ownership of certain indirect positions except to the extent of his pecuniary interest.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 45,000 shares
Net Sell
5 txns
Insider
Clark Kyle
Role
SEE REMARKS
Sold
45,000 shs ($1.11M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A common stock F1, F4, F3 | 30,000 | $25.4175 | $763K |
| Sale | Class A common stock F1, F2, F3 | 15,000 | $23.4667 | $352K |
| holding | Class A common stock | -- | -- | -- |
| holding | Class A common stock F3 | -- | -- | -- |
| holding | Class A common stock F3 | -- | -- | -- |
Holdings After Transaction:
Class A common stock — 5,396,941 shares (Indirect, By The Godric's Hollow Trust);
Class A common stock — 748,915 shares (Direct);
Class A common stock — 49,746 shares (Indirect, By Spouse);
Class A common stock — 1,624,907 shares (Indirect, By The Burrow Trust)
Footnotes (4)
- F1. 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.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.00 to $23.94, 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.
- F3. The reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.55 to $26.36, 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.
Key Figures
Shares sold August 12, 2026: 15,000 shares
Weighted avg price Aug 12 sale: $23.4667 per share
Shares sold August 13, 2026: 30,000 shares
+5 more
8 metrics
Shares sold August 12, 2026
15,000 shares
Class A common stock sold indirectly by The Godric's Hollow Trust
Weighted avg price Aug 12 sale
$23.4667 per share
Shares sold in multiple trades ranging from $23.00 to $23.94
Shares sold August 13, 2026
30,000 shares
Class A common stock sold indirectly by The Godric's Hollow Trust
Weighted avg price Aug 13 sale
$25.4175 per share
Shares sold in multiple trades ranging from $23.55 to $26.36
Total shares sold
45,000 shares
Aggregate of August 12–13, 2026 sales by affiliated trust
Direct holdings after transactions
748,915 shares
Class A common stock held directly by Clark Kyle
Indirect spouse holdings
49,746 shares
Class A common stock held indirectly by spouse
Indirect Burrow Trust holdings
1,624,907 shares
Class A common stock held indirectly by The Burrow Trust
Key Terms
Rule 10b5-1 plan, weighted average price, pecuniary interest, indirect ownership
4 terms
Rule 10b5-1 plan financial
"This transaction was effected pursuant to a previously established 10b5-1 plan"
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
"disclaims beneficial ownership of such securities except to the extent of his pecuniary interest"
indirect ownership financial
"ownership_type" : "indirect","ownership_code" : "I""
FAQ
What insider transactions did BETA (BETA) disclose for Clark Kyle?
BETA disclosed that CEO Clark Kyle, through The Godric's Hollow Trust, sold 45,000 Class A shares in open-market transactions on August 12–13, 2026 under a pre-established Rule 10b5-1 trading plan, according to the Form 4 filing.
Were the recent BETA (BETA) insider sales made under a Rule 10b5-1 plan?
Yes. The Form 4 states the transactions were effected pursuant to a previously established Rule 10b5-1 trading plan by The Godric's Hollow Trust, an entity affiliated with CEO Clark Kyle, which can reduce the informational value of the trade timing.
How does the Form 4 describe Kyle’s beneficial ownership of BETA (BETA) indirect holdings?
For certain indirect holdings, including trust and spouse-held shares, Clark Kyle disclaims beneficial ownership except to the extent of his pecuniary interest, meaning his economic stake may be less than the full share amounts reported.
AI-generated analysis. How Rhea-AI works. Not financial advice.
