BETA (BETA) officer’s tax-driven sale: 9,684 shares sold, 132,241 retained
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BETA Technologies, Inc. officer Brian Dunkiel reported an open-market sale of 9,684 shares of Class A common stock at a weighted average price of $18.1216 per share. According to the filing, this sale was a mandatory transaction to cover tax liabilities tied to the settlement of performance-based restricted stock units.
Following the sale, Dunkiel continues to hold 132,241 shares of Class A common stock directly. The reported holdings also include 33,125 shares held jointly with Leslie Halperin as tenants-by-the-entirety, and additional indirect holdings through the Leslie J. Halperin Trust Exempt Fund and the Leslie J. Halperin Trust, for which he disclaims beneficial ownership except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 9,684 shares ($175,490)
Net Sell
3 txns
Insider
Dunkiel Brian
Role
SEE REMARKS
Sold
9,684 shs ($175K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A common stock | 9,684 | $18.1216 | $175K |
| holding | Class A common stock | -- | -- | -- |
| holding | Class A common stock | -- | -- | -- |
Holdings After Transaction:
Class A common stock — 132,241 shares (Direct, null);
Class A common stock — 1,500 shares (Indirect, By Leslie J. Halperin Trust)
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. The reported securities include 33,125 shares of Class A common stock held by Brian Dunkiel and Leslie Halperin, tenants-by-the-entirety. The reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
Key Figures
Shares sold: 9,684 shares
Weighted average sale price: $18.1216 per share
Direct holdings after transaction: 132,241 shares
+3 more
6 metrics
Shares sold
9,684 shares
Open-market sale to cover RSU tax liability
Weighted average sale price
$18.1216 per share
Multiple trades between $17.6100 and $19.6099
Direct holdings after transaction
132,241 shares
Class A common stock held directly after sale
Tenants-by-the-entirety holdings
33,125 shares
Held jointly by Brian Dunkiel and Leslie Halperin
Trust Exempt Fund holdings
15,692 shares
Indirect, by Leslie J. Halperin Trust Exempt Fund
Trust holdings
1,500 shares
Indirect, by Leslie J. Halperin Trust
Key Terms
performance-based restricted stock units, weighted average price, tenants-by-the-entirety, beneficial ownership
4 terms
performance-based restricted stock units financial
"Mandatory sale to cover 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.
tenants-by-the-entirety financial
"include 33,125 shares of Class A common stock held by Brian Dunkiel and Leslie Halperin, tenants-by-the-entirety."
beneficial ownership financial
"The reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
