Form: 3

Initial statement of beneficial ownership of securities

November 3, 2025

Documents

SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES


Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Churchill David Lawrence
(Last) (First) (Middle)
C/O BETA TECHNOLOGIES, INC.
1150 AIRPORT DRIVE
(Street)
SOUTH BURLINGTON VT 05403
(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
11/03/2025 		3. Issuer Name and Ticker or Trading Symbol
BETA Technologies, Inc. [ BETA ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Technology Officer
 5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A common stock 434,851(1) D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (2) 10/14/2028 Class A common stock 510,493 0.6268 D
Employee Stock Option (2) 01/21/2031 Class A common stock 95,718 1.8805 D
Employee Stock Option (3) 03/26/2033 Class A common stock 95,718 5.8218 D
Employee Stock Option (4) 11/30/2033 Class A common stock 95,718 6.9204 D
Employee Stock Option (2) 10/17/2032 Class A common stock 8,296 5.8218 I By Domestic Partner(5)
Explanation of Responses:
1. The reported shares of Class A common stock, and all amounts of the securities reflected in this Statement, give effect to the Issuer's 6.381168-for-1 stock split effected in connection with the Issuer's initial public offering.
2. The reported options are fully vested and exercisable.
3. The reported options were granted on March 27, 2023, commenced vesting in 36 equal monthly installments on December 16, 2022, and will be fully vested on December 16, 2025.
4. The reported options were granted on December 1, 2023, commenced vesting in 36 equal month installments on December 15, 2023, and will be fully vested on December 15, 2026.
5. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
Remarks:
Exhibit 24.1 - Power of Attorney
/s/ Brian Dunkiel, as attorney-in-fact 11/03/2025
** Signature of Reporting Person Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.