BETA Technologies, Inc. reported that Charles A. Davis, through a combination of options and holdings via Ellipse Holdings LLC, has beneficial ownership over 16,522,133 shares of Class A common stock, representing 7.3% of the class based on 225,439,576 shares outstanding as of August 6, 2026.
The position includes 111,670 shares issuable upon stock options exercisable within 60 days of June 30, 2026 and 16,410,463 shares held by Ellipse Holdings LLC, over which Davis may be deemed to exercise voting and investment discretion. On June 15, 2026, Ellipse Holdings LLC distributed 1,235,982 shares to certain members (excluding Davis), which reduced the shares beneficially owned by Davis through Ellipse.
Positive
None.
Negative
None.
Key Figures
Beneficially owned shares:16,522,133 sharesOwnership percentage:7.3%Shares outstanding:225,439,576 shares+3 more
6 metrics
Beneficially owned shares16,522,133 sharesTotal Class A common stock beneficially owned by Charles A. Davis
Ownership percentage7.3%Percent of BETA Class A common stock beneficially owned
Shares outstanding225,439,576 sharesClass A common stock outstanding as of August 6, 2026
Options within 60 days111,670 sharesShares issuable from stock options exercisable within 60 days of June 30, 2026
Shares held by Ellipse Holdings LLC16,410,463 sharesBETA Class A shares directly held by Ellipse Holdings LLC
Distributed shares1,235,982 sharesShares distributed by Ellipse Holdings LLC on June 15, 2026
Key Terms
beneficial ownership, sole voting power, shared dispositive power, Section 13(d) or 13(g), +1 more
5 terms
beneficial ownershipfinancial
"Amount beneficially owned: Consists of shares of Class A common stock"
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.
sole voting powerfinancial
"5 | Sole Voting Power 111,670.00 6 | Shared Voting Power"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
shared dispositive powerfinancial
"8 | Shared Dispositive Power 16,410,463.00"
Section 13(d) or 13(g)regulatory
"shall not be deemed an admission of beneficial ownership for purposes of Section 13(d) or 13(g)"
CUSIPfinancial
"(e) | CUSIP No.: 086921103"
A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.
FAQ
What percentage of BETA (BETA) does Charles A. Davis beneficially own?
Charles A. Davis reports beneficial ownership of 7.3% of BETA’s Class A common stock, based on 225,439,576 shares outstanding as of August 6, 2026, through options and shares held via Ellipse Holdings LLC.
How many BETA (BETA) shares are beneficially owned by Charles A. Davis?
Charles A. Davis has beneficial ownership over 16,522,133 BETA Class A shares, including 111,670 shares issuable from options and 16,410,463 shares held by Ellipse Holdings LLC.
What impact did the June 15, 2026 Ellipse Holdings LLC distribution have on BETA (BETA) shares tied to Charles A. Davis?
On June 15, 2026, Ellipse Holdings LLC distributed 1,235,982 BETA Class A shares to certain members, excluding Charles A. Davis, which reduced the shares beneficially owned by him through Ellipse.
How are Charles A. Davis’s BETA (BETA) holdings structured between sole and shared powers?
Charles A. Davis has 111,670 shares under sole voting and dispositive power and 16,410,463 shares under shared voting and dispositive power through Ellipse Holdings LLC.
What is the share count baseline used to calculate Charles A. Davis’s 7.3% stake in BETA (BETA)?
The 7.3% ownership figure is based on 225,439,576 BETA Class A shares outstanding as of August 6, 2026, as indicated in the company’s Form 10-Q filed on August 12, 2026.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
BETA TECHNOLOGIES, INC.
(Name of Issuer)
CLASS A COMMON STOCK
(Title of Class of Securities)
086921103
(CUSIP Number)
06/15/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
086921103
1
Names of Reporting Persons
Charles A. Davis
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
111,670.00
6
Shared Voting Power
16,410,463.00
7
Sole Dispositive Power
111,670.00
8
Shared Dispositive Power
16,410,463.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
16,522,133.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.3 %
12
Type of Reporting Person (See Instructions)
IN
Comment for Type of Reporting Person:
The percent of class reflected in Row 9 is based upon an aggregate of 225,439,576 shares of Class A common stock outstanding as of August 6, 2026 as indicated in the Issuer's Quarterly Report on Form 10-Q filed August 12, 2026.
On June 15, 2026, Ellipse Holdings LLC distributed an aggregate of 1,235,982 shares of Class A common stock of the Issuer to certain of its members, without consideration, in accordance with their respective interests in Ellipse Holdings LLC, which distribution excluded Mr. Davis. Accordingly, the shares beneficially owned by Mr. Davis through Ellipse Holdings LLC (directly or indirectly through his voting and investment discretion) were reduced by the number of shares distributed.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
BETA TECHNOLOGIES, INC.
(b)
Address of issuer's principal executive offices:
1150 AIRPORT DRIVE, SOUTH BURLINGTON, VT, USA, 05403
Item 2.
(a)
Name of person filing:
CHARLES A. DAVIS
(b)
Address or principal business office or, if none, residence:
20 HORSENECK LANE, 2ND FLOOR, GREENWICH, CT 06830
(c)
Citizenship:
USA
(d)
Title of class of securities:
CLASS A COMMON STOCK
(e)
CUSIP No.:
086921103
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
Consists of shares of Class A common stock ("Shares") held as follows: (i) 111,670 Shares issuable pursuant to outstanding stock options held by the Reporting Person that are exercisable within 60 days of June 30, 2026 and (ii) 16,410,463 Shares directly held by Ellipse Holdings LLC. The Reporting Person is the President and CEO of Ellipse Holdings LLC and, therefore, may be deemed to directly or indirectly exercise voting and investment discretion over securities held by the foregoing entity, but the filing of this statement shall not be deemed an admission of beneficial ownership for purposes of Section 13(d) or 13(g) or for any other purpose.
On June 15, 2026, Ellipse Holdings LLC distributed an aggregate of 1,235,982 Shares to certain of its members, without consideration, in accordance with their respective interests in Ellipse Holdings LLC, which distribution excluded Mr. Davis. Accordingly, the Shares beneficially owned by Mr. Davis through Ellipse Holdings LLC (directly or indirectly through his voting and investment discretion) were reduced by the number of Shares distributed.
(b)
Percent of class:
See response to row 11 on the cover page hereto.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See response to row 5 on the cover page hereto.
(ii) Shared power to vote or to direct the vote:
See response to row 6 on the cover page hereto.
(iii) Sole power to dispose or to direct the disposition of:
See response to row 7 on the cover page hereto.
(iv) Shared power to dispose or to direct the disposition of:
See response to row 8 on the cover page hereto.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
The information set forth in Item 4(a) is hereby incorporated by reference into this Item 6.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
Not Applicable
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
