BETA COO sells shares to cover tax on RSUs
BETA Technologies, Inc. Chief Operating Officer Sean Donovan reported an open-market sale of Class A common stock.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A common stock | 19,008 | $18.1216 | $344K |
Footnotes (2)
- F1. Mandatory sale to cover tax liability associated with the settlement of performance-based restricted stock units.
- F2. 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
Key Terms
open-market sale financial
performance-based restricted stock units financial
weighted average price financial
Class A common stock financial
FAQ
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