Beta Technologies CEO Kyle Clark sells $784,202 in stock

Kyle Clark, the CEO of BETA Technologies, divested 30,000 shares of the company's Class A common stock totaling $784,202 across three transactions in early November 2026. The stock price had risen by approximately 21% within the week, reaching $28.52, with earnings to be announced on November 12. These sales occurred on November 5, 6, and 9, 2026, through The Godric’s Hollow Trust, an entity affiliated with Mr. Clark, under a pre-existing 10b5-1 trading plan.

On each of the three sale dates, Clark sold 10,000 shares at varying prices: $23.9793, $26.3891, and $28.0518, respectively. As a result of these transactions, Clark now beneficially owns 738,915 shares directly, while indirectly holding 4,905,936 shares through The Godric’s Hollow Trust, 49,746 shares via his spouse, and 1,624,907 shares via The Burrow Trust.

He disclaims ownership of the indirectly held securities, except for his pecuniary interest. Meanwhile, Beta Technologies reported a staggering 98% increase in third-quarter revenue to $17.67 million, up from the previous year. However, the company posted an adjusted loss per share of $0.51, slightly below analysts' expectations of $0.48.

Despite the revenue growth, the stock price was seen as undervalued, according to InvestingPro analysis.