Form 4: Beyond Meat CEO Ethan Brown Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Ethan Brown, CEO of Beyond Meat, reports a transaction involving the withholding of shares to cover taxes related to vesting restricted stock units.
Summary
- On May 28, 2024, Ethan Brown, the President and CEO of Beyond Meat, had 1,388 shares of common stock withheld to cover taxes related to the vesting of restricted stock units.
- Following this transaction, Brown directly owns 1,231,755 shares of Beyond Meat common stock.
- Brown also indirectly owns 639,881 shares through the Brown Asset Holding LLC, which is wholly owned by the Ethan Brown 2022 GRAT.
Sentiment
Score: 5
Explanation: This is a neutral regulatory filing. It doesn't indicate positive or negative sentiment, simply reporting a transaction.
Industry Context
This filing is a routine disclosure related to insider transactions and is a standard practice for publicly traded companies. It provides transparency into the holdings and transactions of company executives.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine tax-related share withholding.
Key Dates
| Date | Description |
|---|---|
| 05/28/2024 | Date of transaction where shares were withheld for tax purposes. |
| 05/30/2024 | Date of signature on the Form 4 filing. |
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