{
  "id": 1834941,
  "title": "Beta Technologies CEO Kyle Clark sells $1.97m in shares",
  "url": "https://urgent.news/2026/08/19/beta-technologies-ceo-kyle-clark-sells-1-97m-in-shares",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-19T00:16:18.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/beta-technologies-ceo-kyle-clark-sells-197m-in-shares-93CH-4866256"
  },
  "original_language": "en",
  "account": "In August 2026, BETA Technologies CEO Kyle Clark sold a substantial $1.97 million worth of Class A common stock shares, totaling 77,800 shares. This transaction was carried out under a pre-approved 10b5-1 trading plan by affiliated entities. Additionally, Clark made a charitable donation of 10,000 shares of Class A common stock, while retaining 738,915 shares for himself. Clark also reported owning 49,746 shares indirectly through his spouse and 1,624,907 shares through The Burrow Trust, disclaiming beneficial ownership except for his financial interest. Despite the strong momentum of BETA Technologies shares, which have risen 12% in a week and 37% over six months, the stock appears slightly undervalued at $27 in current levels. The sales of shares occurred on August 14, 17, and 18, 2026, with weighted average prices ranging from $24.66 to $26.06 per share.",
  "summary": null,
  "key_points": [
    "Kyle Clark sold $1.97m worth of BETA Technologies shares in August 2026",
    "Clark made charitable donation of 10,000 Class A shares",
    "Clark retains 738,915 shares while owning 1,624,907 through trust"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}