Beta Technologies, Inc. investor Charles A. Davis reported beneficial ownership of 17,758,115 shares of Class A common stock, representing 8.05% of the class. This percentage is based on 220,528,649 shares outstanding as of December 1, 2025.
The stake includes 111,670 shares issuable upon stock options exercisable within 60 days of December 31, 2025 and 17,646,445 shares held by Ellipse Holdings LLC. Davis is President and CEO of Ellipse Holdings LLC and may be deemed to exercise voting and investment discretion over those shares, while not admitting beneficial ownership for other legal purposes.
Positive
None.
Negative
None.
Insights
Filing shows a significant 8.05% ownership position, but no new transaction.
Charles A. Davis reports beneficial ownership of 17,758,115 Beta Technologies Class A shares, or 8.05% of the outstanding stock based on 220,528,649 shares as of December 1, 2025. This establishes him as a sizable shareholder.
The position is largely held through Ellipse Holdings LLC with 17,646,445 shares, plus 111,670 shares from stock options exercisable within 60 days of December 31, 2025. The filing describes ownership and control but does not detail any purchase or sale, so actual impact depends on future actions disclosed in subsequent filings.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
BETA TECHNOLOGIES, INC.
(Name of Issuer)
CLASS A COMMON STOCK
(Title of Class of Securities)
086921103
(CUSIP Number)
11/03/2025
(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)
SCHEDULE 13G
CUSIP No.
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
17,646,445.00
7
Sole Dispositive Power
111,670.00
8
Shared Dispositive Power
17,646,445.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
17,758,115.00
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)
8.05 %
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 220,528,649 shares of Class A common stock outstanding as of December 1, 2025 as indicated in the Issuer's Quarterly Report on Form 10-Q filed December 4, 2025.
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 December 31, 2025 and (ii) 17,646,445 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.
(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.
