Form 4: Beyond Meat CEO Ethan Brown Reports Stock Transaction

Ethan Brown, CEO of Beyond Meat, reports a transaction involving common stock related to tax obligations from vesting restricted stock units.

Summary

• On August 28, 2024, Ethan Brown, the President and CEO of Beyond Meat, engaged in a transaction involving the company's common stock.
• 1,388 shares were disposed of to cover tax obligations related to the vesting of restricted stock units.
• The transaction price was $6.07 per share.
• Following the transaction, Brown directly owns 1,226,241 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 event. It's a standard disclosure of stock transactions by an executive to cover tax obligations. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC when company insiders, like the CEO, trade their company's stock. It provides transparency to the market about insider activity.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a routine disclosure.

Key Dates