BETA Technologies (BETA) insider trust sells 30,000 shares under 10b5-1 plan
Rhea-AI Filing Summary
BETA Technologies, Inc. director and officer Clark Kyle reported open-market sales of a total of 30,000 shares of Class A common stock executed by The Godric's Hollow Trust, an entity affiliated with him.
The trust sold 15,000 shares on June 29, 2026 at a weighted average price of $16.3836 per share and another 15,000 shares on June 30, 2026 at a weighted average price of $16.5958 per share, pursuant to a previously established Rule 10b5-1 trading plan.
Following these transactions, The Godric's Hollow Trust held 5,569,837 shares. Additional indirect holdings reported as of June 29, 2026 included 1,624,907 shares held by The Burrow Trust and 49,746 shares held by Kyle’s spouse, alongside 748,915 shares held directly. The reporting person disclaims beneficial ownership of certain securities except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A common stock | 15,000 | $16.5958 | $249K |
| Sale | Class A common stock | 15,000 | $16.3836 | $246K |
| holding | Class A common stock | -- | -- | -- |
| holding | Class A common stock | -- | -- | -- |
| holding | Class A common stock | -- | -- | -- |
Footnotes (1)
- 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.10 to $17.00, 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 reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.20 to $16.84, 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