Form 4: Beyond, Inc. Director Joseph Tabacco Jr. Increases Direct Stock Holdings Through RSU Vesting

Joseph J. Tabacco Jr., a Director at Beyond, Inc. (BYON), increased his direct beneficial ownership of common stock by 10,172 shares following the vesting of restricted stock units.

Summary

• Joseph J. Tabacco Jr., a Director of Beyond, Inc. (BYON), reported a transaction on May 21, 2025, involving the acquisition of common stock.
• He acquired 10,172 shares of common stock at a price of $0.0001 per share, which resulted from the vesting of Restricted Stock Units (RSUs).
• Following this transaction, Mr. Tabacco's direct beneficial ownership of Beyond, Inc. common stock increased to 11,506 shares.
• Additionally, he indirectly beneficially owns 147,209 shares held by the Joseph Tabacco and Peggy Schmidt Revocable Trust, where he serves as trustee and beneficiary.
• The filing also clarified that certain prior Forms 4 had inadvertently reported these indirect holdings as directly held.
• The 10,172 Restricted Stock Units, which represent a contingent right to receive one share of common stock each, vested on May 21, 2025, and were subsequently converted into common stock.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as it indicates a director increasing their direct ownership, aligning their interests with shareholders, even though it's a routine RSU vesting event rather than an open market purchase.

Positives

• The vesting of Restricted Stock Units and subsequent increase in direct common stock ownership by a director aligns management interests with those of shareholders.
• The transaction reflects a pre-scheduled equity compensation event, indicating a routine and expected part of executive compensation.

Future Outlook

This Form 4 filing is a report of a past transaction and does not contain forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

This filing is a routine insider transaction report and does not provide information relevant to broader industry trends or competitive landscape analysis.

Related Party Transactions

• Joseph J. Tabacco Jr. indirectly holds 147,209 shares through the Joseph Tabacco and Peggy Schmidt Revocable Trust, where he is trustee and beneficiary.
• The filing clarifies that certain prior Forms 4 inadvertently reported these indirect holdings as directly held, correcting the record for related party beneficial ownership.

Stakeholder Impact

• Shareholders: The increase in direct ownership by a director can be viewed as a positive signal of continued alignment between management and shareholder interests.

Key Dates

Keywords

Beyond Inc., BYON, Joseph J. Tabacco Jr., Director, SEC Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Common Stock, Beneficial Ownership