BETA (BETA) COO Donovan sells 19,008 shares to cover RSU tax liability
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BETA Technologies, Inc. Chief Operating Officer Sean Donovan reported an open-market sale of Class A common stock. He sold 19,008 shares at a weighted average price of $18.1216 per share. According to the footnotes, this transaction was a mandatory sale to cover tax liabilities from settling performance-based restricted stock units.
After the sale, Donovan directly holds 176,195 shares of BETA Technologies Class A common stock. Because the sale was tied to tax obligations rather than a discretionary trade, it represents a routine administrative transaction rather than a clear change in his investment stance.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 19,008 shares ($344,455)
Net Sell
1 txn
Insider
Donovan Sean
Role
CHIEF OPERATING OFFICER
Sold
19,008 shs ($344K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A common stock | 19,008 | $18.1216 | $344K |
Holdings After Transaction:
Class A common stock — 176,195 shares (Direct, null)
Footnotes (1)
- Mandatory sale to cover tax liability associated with the settlement of performance-based restricted stock units. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.6100 to $19.6099, 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.
Key Figures
Shares sold: 19,008 shares
Weighted average sale price: $18.1216 per share
Post-transaction holdings: 176,195 shares
+1 more
4 metrics
Shares sold
19,008 shares
Class A common stock sold on 2026-05-07
Weighted average sale price
$18.1216 per share
Open-market sale of Class A common stock
Post-transaction holdings
176,195 shares
Directly held Class A common stock after sale
Sale price range
$17.6100 to $19.6099
Prices for multiple transactions included in the sale
Key Terms
open-market sale, performance-based restricted stock units, weighted average price, Class A common stock
4 terms
open-market sale financial
"transaction_action is described as an open-market sale of Class A common stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
performance-based restricted stock units financial
"tax liability associated with the 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.
Class A common stock financial
"security_title is listed as Class A common stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What did BETA (BETA) COO Sean Donovan report in this Form 4?
Sean Donovan reported selling 19,008 shares of BETA Technologies Class A common stock. The sale was disclosed as an open-market transaction, with a weighted average price of $18.1216 per share across multiple trades within a stated price range.
How is the BETA (BETA) transaction classified in the Form 4?
The transaction is coded “S”, described as a sale in open market or private transaction, and labeled an open-market sale. Additional footnote detail clarifies the sale’s purpose was covering tax liabilities from equity compensation settlement.