Form 4: Beyond, Inc. Director Joseph J. Tabacco Jr. Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Director Joseph J. Tabacco Jr. reports acquisition and disposal of Beyond, Inc. common stock and restricted stock units.

Summary

  • On May 21, 2024, Joseph J. Tabacco Jr., a director of Beyond, Inc., engaged in transactions involving the company's stock.
  • Tabacco acquired 1,650 shares of common stock at $0.0001 per share.
  • He also acquired 10,172 restricted stock units (RSUs) that will vest on May 21, 2025.
  • Additionally, 1,650 restricted stock units vested on May 21, 2024, and were converted into common stock.
  • Following these transactions, Tabacco directly owns 52,151 shares of common stock and indirectly owns 85,058 shares through the Joseph Tabacco and Peggy Schmidt Revocable Trust.
  • He also directly owns 10,172 unvested restricted stock units.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. The transactions themselves don't necessarily indicate positive or negative sentiment, but rather reflect standard compensation and investment activities.

Positives

  • The acquisition of shares and RSUs by a director could be seen as a positive signal, indicating confidence in the company's future.

Future Outlook

The document indicates future vesting of restricted stock units on May 21, 2025, suggesting continued equity-based compensation for the director.

Industry Context

This filing is a routine disclosure required by the SEC when company insiders, like directors, trade in their company's stock. It provides transparency to the market about insider activity.

Comparison to Industry Standards

  • Form 4 filings are standard practice for publicly traded companies and their insiders.
  • The information disclosed is consistent with SEC regulations and aims to prevent insider trading and maintain market fairness.
  • Similar filings are made by directors and officers of companies like Amazon, Apple, and Tesla when they engage in transactions involving their company's stock.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding insider transactions.
  • It helps maintain confidence in the fairness of the market.

Key Dates

DateDescription
05/21/2024Date of earliest transaction: acquisition of common stock and RSUs, vesting of RSUs.
05/21/2025Vesting date for 10,172 restricted stock units.
05/23/2024Date of signature on the Form 4 filing.

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