TPG GP A, LLC - 05 Nov 2025 Form 4 Insider Report for BETA Technologies, Inc.

Reporting relationship: Former 10% Owner
Issuer ticker: BETA on NYSE
Reported as of: 05 Nov 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 07 Nov 2025, 17:53:50 UTC
Prior SEC filing: 03 Nov 2025
Next SEC filing: 30 Dec 2025
Source filing: View source filing
Reporting owner signature: /s/ Martin Davidson, Chief Accounting Officer, TPG GP A, LLC (5)

Key filing fact

TPG GP A, LLC filed Form 4 for BETA Technologies, Inc. on 07 Nov 2025.

Key facts

This page summarizes TPG GP A, LLC's Form 4 filing for BETA Technologies, Inc..
4 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 07 Nov 2025, 17:53.

Change

Previous filing in this sequence was filed on 03 Nov 2025.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (3)

CIK 0001903793 Primary reporting owner

TPG GP A, LLC

Relationship: Former 10% Owner
Address: C/O TPG INC., 301 COMMERCE STREET, SUITE 3300, FORT WORTH
Signature: /s/ Martin Davidson, Chief Accounting Officer, TPG GP A, LLC (5)
Signature date: 07 Nov 2025

CIK 0001099776

COULTER JAMES G

Relationship: Former 10% Owner
Address: C/O TPG INC., 301 COMMERCE STREET, SUITE 3300, FORT WORTH
Signature: /s/ Gerald Neugebauer, on behalf of James G. Coulter (5)(6)
Signature date: 07 Nov 2025

CIK 0001366946

WINKELRIED JON

Relationship: Former 10% Owner
Address: C/O TPG INC., 301 COMMERCE STREET, SUITE 3300, FORT WORTH
Signature: /s/ Gerald Neugebauer, on behalf of Jon Winkelried (5)(6)
Signature date: 07 Nov 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BETA transaction

Class A Common Stock

Conversion of derivative security

Transaction value
Shares: +16,395,435
Change %
Price
Shares after: 16,395,435
Date: 05 Nov 2025
Ownership: See Explanation of Responses
Footnotes: F1, F2, F3, F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

BETA transaction Derivative

Series B Preferred Stock

Conversion of derivative security

Transaction value
Shares: -1,453,911
Change %: -100%
Price
Shares after: 0
Date: 05 Nov 2025
Ownership: See Explanation of Responses
Underlying class: Class A Common Stock
Underlying amount: 12,168,600
Exercise price
Footnotes: F1, F2, F3, F4

BETA transaction Derivative

Series C Preferred Stock

Conversion of derivative security

Transaction value
Shares: -483,263
Change %: -100%
Price
Shares after: 0
Date: 05 Nov 2025
Ownership: See Explanation of Responses
Underlying class: Class A Common Stock
Underlying amount: 3,474,010
Exercise price
Footnotes: F1, F2, F3, F4

BETA transaction Derivative

Series C-1 Preferred Stock

Conversion of derivative security

Transaction value
Shares: -104,724
Change %: -100%
Price
Shares after: 0
Date: 05 Nov 2025
Ownership: See Explanation of Responses
Underlying class: Class A Common Stock
Underlying amount: 752,825
Exercise price
Footnotes: F1, F2, F3, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

TPG GP A, LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 4 footnotes

Footnote F1

Each of James G. Coulter and Jon Winkelried own entities that control TPG GP A, LLC (together with Messrs. Coulter and Winkelried, the "Reporting Persons"), which exercises direct or indirect control over entities that collectively hold 100% of the shares of Class B common stock (which represents a majority of the combined voting power of the common stock) of TPG Inc., which is the sole member of TPG GPCo, LLC, which is the sole member of TPG Holdings II-A, LLC, which is the general partner of TPG Operating Group II, L.P., which is the sole member of TPG Holdings I-A, LLC, which is the general partner of TPG Operating Group I, L.P., which is the sole member of TPG Rise Climate GenPar Advisors, LLC, which is the general partner of TPG Rise Climate GenPar, L.P., which is the sole member of TPG Rise Climate SPV GP, LLC, which is the general partner of TPG Rise Belfry, L.P., which directly holds 16,395,435 shares of Class A Common Stock of BETA Technologies, Inc. (the "Issuer").

Footnote F2

Pursuant to the Fifth Amended and Restated Certificate of Incorporation of the Issuer, as amended, the 1,453,911 shares of Series B Preferred Stock, 483,263 shares of Series C Preferred Stock and 104,724 shares of Series C-1 Preferred Stock (collectively, the "Preferred Stock"), in each case of the Issuer, held by TPG Rise Belfry, L.P. automatically converted into an aggregate of 16,395,435 shares of Class A Common Stock upon consummation of the Issuer's initial public offering on November 5, 2025. The shares of Preferred Stock had been convertible, at the option of the holder, at any time into shares of Common Stock of the Issuer at a conversion rate equal to one share of Common Stock per one share of Preferred Stock, subject to adjustment, including for accrued but unpaid dividends, if any.

Footnote F3

Because of the relationship between the Reporting Persons and TPG Rise Belfry, L.P., the Reporting Persons may be deemed to beneficially own the securities reported herein to the extent of the greater of their respective direct or indirect pecuniary interests in the profits or capital accounts of TPG Rise Belfry, L.P. Each of TPG Rise Belfry, L.P. and each Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of TPG Rise Belfry, L.P.'s or such Reporting Person's pecuniary interest therein, if any.

Footnote F4

Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that the Reporting Persons are, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owners of any equity securities in excess of their respective pecuniary interests.

SEC remarks

5. The Reporting Persons are jointly filing this Form 4 pursuant to Rule 16a-3(j) under the Exchange Act. 6. Gerald Neugebauer is signing on behalf of Messrs. Coulter and Winkelried pursuant to authorization and designation letters dated January 10, 2024, which were previously filed with the Securities and Exchange Commission.