Form 4: Beyond Meat CEO Ethan Brown Reports Stock Transaction
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 February 28, 2024, Ethan Brown, the President and CEO of Beyond Meat, had 1,594 shares of common stock withheld to cover taxes.
- The shares were withheld at a price of $9.83 per share.
- Following the transaction, Brown directly owns 1,220,521 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 report of a routine stock transaction related to tax obligations. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common for publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a standard procedure for covering tax obligations on vested stock.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date of stock transaction (shares withheld for taxes). |
| 10/16/2024 | Signature date of the report. |
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