Form 4: Beyond Meat CEO Ethan Brown Reports Routine Tax-Related Stock Disposition
Insider Transaction Report
Beyond Meat's CEO, Ethan Brown, reported the disposition of 1,392 shares of common stock on May 28, 2025, to cover tax obligations related to the vesting of restricted stock units.
Summary
- Ethan Brown, the President, Chief Executive Officer, and Director of Beyond Meat, Inc. (BYND), reported a transaction on May 28, 2025.
- The transaction involved the disposition of 1,392 shares of Beyond Meat common stock at a price of $3.03 per share.
- These shares were withheld by the company to satisfy tax liabilities associated with the vesting of restricted stock units (RSUs) previously awarded under the 2018 Equity Incentive Plan.
- Following this transaction, Mr. Brown directly beneficially owns 1,674,600 shares of common stock.
- Additionally, he indirectly beneficially owns 639,881 shares through the Brown Asset Holding LLC, which is wholly owned by the Ethan Brown 2022 GRAT.
Sentiment
Score: 5
Explanation: The transaction is a standard tax withholding event related to RSU vesting and does not indicate a discretionary sale or significant change in company outlook, thus it is neutral.
Positives
- The transaction represents the vesting of previously awarded restricted stock units (RSUs), indicating that performance or time-based conditions for these awards were met.
- The disposition of shares was non-discretionary, solely for the purpose of covering tax obligations, which is a standard practice for executive compensation.
Negatives
- The disposition of 1,392 shares, while for tax purposes, results in a minor reduction in the direct share count held by the CEO.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: The transaction is a routine compensation-related event and is unlikely to have a significant direct impact on the company's share price or overall shareholder value.
- Employees: No direct impact on general employees, as this relates to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 05/28/2025 | Date of the reported transaction, involving the disposition of shares for tax withholding. |
| 05/29/2025 | Date the Form 4 was signed by the reporting person's attorney-in-fact. |
Recommendation
holdKeywords
Beyond Meat, BYND, Ethan Brown, SEC Form 4, Insider Transaction, Stock Disposition, Restricted Stock Units, RSU, Executive Compensation, Tax Withholding
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