Beta Technologies CEO Kyle Clark sells $597,247 in stock

Kyle Clark, President and Chief Executive Officer and a Director at BETA Technologies, Inc. (NASDAQ:BETA), sold a total of 30,000 shares of the company’s Class A common stock for a total value of $597,247. The sales, which occurred over three separate dates in late October 2026, were executed through The Godric’s Hollow Trust, an entity affiliated with Mr. Clark, and were made pursuant to a pre-arranged 10b5-1 trading plan. The shares were sold at prices ranging from $18.21 to $21.25 per share across the transactions.

On October 23, 2026, The Godric’s Hollow Trust sold 10,000 shares of Class A common stock at a weighted average price of $19.1897 per share. These shares were transacted at prices between $18.21 and $19.90.

Further sales took place on October 26, 2026, when an additional 10,000 shares were sold at a weighted average price of $19.7644. The prices for these transactions ranged from $19.18 to $19.98.

The final reported sale occurred on October 27, 2026, with 10,000 shares of Class A common stock sold at a weighted average price of $20.7706. The prices for these shares ranged from $20.20 to $21.25. The sales came during a period of strong momentum for the stock, which posted a 14% gain over the past week and a 32% return over six months, according to InvestingPro data.

Following these transactions, The Godric’s Hollow Trust indirectly holds 4,995,936 shares of Class A common stock. Mr. Clark also directly holds 738,915 shares and indirectly holds 49,746 shares through his spouse, and 1,624,907 shares through The Burrow Trust. Mr. Clark disclaims beneficial ownership of the securities held by the trusts and his spouse, except to the extent of his pecuniary interest. InvestingPro analysis indicates the stock is trading near its Fair Value, with additional insights available through the platform’s comprehensive Pro Research Report.

In other recent news, BETA Technologies reported a second-quarter loss that was wider than expected, with an adjusted loss per share of $0.64 compared to analysts’ estimates of a $0.46 loss. Despite the earnings miss, the company’s revenue rose sharply to $14.66 million, marking a 146% increase from the previous year. This growth was attributed to the recognition from its GE Aerospace demonstration program and charger deliveries to the Florida Department of Transportation. Additionally, BETA Technologies raised its full-year sales outlook, indicating optimism for future performance.

In other developments, Cantor Fitzgerald reiterated an Overweight stock rating for BETA Technologies, maintaining a price target of $31.00. The firm highlighted the company’s progress in conducting daily piloted test flights, with electric aircraft having flown over 230,000 nautical miles as of October 4. These recent developments reflect ongoing advancements and challenges for BETA Technologies in the electric aircraft sector.