Kyle Clark, President and Chief Executive Officer of BETA Technologies, Inc. (NASDAQ:BETA), filed a Form 4 on October 30, 2026, disclosing the sale of 30,000 shares of Class A common stock across three trading days through a trust affiliated with him.
Key Highlights
- Three separate sales: 10,000 shares were sold on each of October 28, October 29, and October 30, 2026, for a total of 30,000 shares disposed of.
- Weighted average prices: The per-share weighted average prices were $20.2353 on October 28, $20.6102 on October 29, and $19.9215 on October 30, according to the filing.
- 10b5-1 plan: All three transactions were effected pursuant to a previously established Rule 10b5-1 plan by The Godric's Hollow Trust, an entity affiliated with the reporting person.
- Indirect ownership post-sale: Following the reported transactions, The Godric's Hollow Trust holds 4,965,936 shares of Class A common stock indirectly on behalf of Clark.
- Additional holdings: Clark also holds 738,915 shares directly, 49,746 shares indirectly through his spouse, and 1,624,907 shares indirectly through The Burrow Trust.
- Disclaimer of beneficial ownership: The filing states that Clark "disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein" for shares held by The Godric's Hollow Trust, his spouse, and The Burrow Trust.
Clark's Trust Executes Three-Day Sale Under 10b5-1 Plan
According to the filing, Kyle Clark, identified as President and Chief Executive Officer of BETA Technologies, Inc., disposed of Class A common stock through The Godric's Hollow Trust on October 28, 29, and 30, 2026. Each day's sale involved 10,000 shares under transaction code "S," all executed pursuant to a previously established 10b5-1 plan. The filing notes that each reported price is a weighted average, as shares on each date were sold across multiple transactions within stated price ranges.
For the October 28 sale, prices ranged from $19.86 to $21.00 per share, with a weighted average of $20.2353. On October 29, prices ranged from $19.72 to $21.13, with a weighted average of $20.6102. On October 30, prices ranged from $19.50 to $20.49, with a weighted average of $19.9215. The filing states that Clark undertakes to provide full per-price detail to the issuer, any security holder, or SEC staff upon request.
In addition to the shares held through The Godric's Hollow Trust, the filing discloses that Clark directly owns 738,915 shares of Class A common stock. He also holds 49,746 shares indirectly through his spouse and 1,624,907 shares indirectly through The Burrow Trust. The filing was signed on October 30, 2026, by Brian Dunkiel as attorney-in-fact. The form indicates the transactions were made pursuant to a contract, instruction, or written plan satisfying the affirmative defense conditions of Rule 10b5-1(c).
What Was Disclosed
Kyle Clark, CEO of BETA Technologies, Inc. (NASDAQ:BETA), disclosed the sale of 30,000 shares of Class A common stock across three days via The Godric's Hollow Trust under a pre-established 10b5-1 plan, with weighted average sale prices between $19.9215 and $20.6102 per share.



Please wait processing your request...