Form 4: Beyond, Inc. Director Joanna Catherine Burkey Reports Stock Transactions
SEC Form 4 Filing
Director Joanna Catherine Burkey reported the acquisition of shares through restricted stock units and the sale of common stock under a Rule 10b5-1 trading plan.
Summary
- On May 21, 2024, Joanna Catherine Burkey, a director of Beyond, Inc., acquired 1,650 shares of common stock upon the vesting of restricted stock units at a price of $0.0001.
- On the same day, she was granted 10,172 restricted stock units that will vest on May 21, 2025.
- On May 22, 2024, she sold 610 shares of common stock at a price of $16.73 per share.
- The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on February 23, 2024.
- Following these transactions, Burkey directly owns 5,372 shares of Beyond, Inc. common stock and 10,172 restricted stock units.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of insider trading activity. The transactions themselves don't necessarily indicate a positive or negative outlook.
Future Outlook
The reporting person will receive shares of Beyond, Inc. common stock as the restricted stock units vest on May 21, 2025.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, providing transparency to the market regarding their investment activities in the company.
Stakeholder Impact
- The disclosure provides transparency to shareholders regarding insider transactions.
- The transactions may have a minor impact on the stock price due to the volume of shares involved.
Key Dates
| Date | Description |
|---|---|
| 02/23/2024 | Date of adoption of Rule 10b5-1 trading plan |
| 05/21/2024 | Date of acquisition of common stock and restricted stock units |
| 05/22/2024 | Date of sale of common stock |
| 05/21/2025 | Vesting date for new restricted stock units |
| 05/23/2024 | Date of signature |
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