Form 4: Beyond, Inc. Director Joanna Catherine Burkey Reports Stock Sale
SEC Form 4 Filing
Director Joanna Catherine Burkey reported the sale of Beyond, Inc. common stock on March 4, 2024, following the vesting of restricted stock units.
Summary
- On March 1, 2024, Joanna Catherine Burkey, a director of Beyond, Inc., had 6,875 restricted stock units vest, each representing a contingent right to receive one share of Beyond, Inc. common stock.
- Following the vesting, Ms. Burkey sold 2,543 shares of common stock on March 4, 2024, at a weighted average price of $33.54 per share.
- The sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on September 12, 2023.
- After the reported transactions, Ms. Burkey directly owns 4,332 shares of Beyond, Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale by a company director under a pre-arranged trading plan. It doesn't inherently convey positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The sale by a director may be scrutinized by investors, although sales under 10b5-1 plans are generally viewed as less indicative of the director's sentiment about the company's future prospects.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, potentially creating slight downward pressure on the stock price in the short term.
Key Dates
| Date | Description |
|---|---|
| 2023-09-12 | Date of adoption of Rule 10b5-1 trading plan |
| 2024-03-01 | Restricted stock units vested |
| 2024-03-04 | Date of stock sale |
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