Form 4: Beyond, Inc. Director Exercises Restricted Stock Units

Director Joseph J. Tabacco Jr. exercised 1,334 restricted stock units (RSUs) of Beyond, Inc. on January 21, 2025, resulting in the acquisition of 1,334 shares of common stock.

Summary

• Joseph J. Tabacco Jr., a director at Beyond, Inc., exercised 1,334 restricted stock units on January 21, 2025.
• This transaction resulted in the acquisition of 1,334 shares of Beyond, Inc. common stock.
• The exercise price for the RSUs was $0.0001 per share.
• Following the transaction, Mr. Tabacco directly owns 148,543 shares of Beyond, Inc. common stock.
• The RSUs vested in three equal installments on January 21, 2023, January 21, 2024, and January 21, 2025.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction of a director exercising vested equity, which is generally neutral to positive. It indicates the director's continued involvement and alignment with the company's success.

Positives

• The exercise of vested RSUs indicates that the director is converting his compensation into company stock.
• The director now holds 148,543 shares of common stock, aligning his interests with shareholders.

Industry Context

This is a standard transaction for a director exercising vested equity compensation, which is common practice in publicly traded companies.

Comparison to Industry Standards

• The vesting schedule of the RSUs, with three equal installments over three years, is a common practice for equity compensation in the technology industry.
• The exercise price of $0.0001 is typical for RSUs, as they are often granted at no cost to the recipient and the price is nominal for accounting purposes.
• The reporting of this transaction via SEC Form 4 is a standard regulatory requirement for company insiders.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with the company's performance.
• The transaction has no direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Restricted Stock Units, RSU, Director, Beneficial Ownership, Form 4, Insider Trading, Equity Compensation, BYON, Beyond, Inc.