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 March 12, 2024, Ethan Brown, the President and CEO of Beyond Meat, had 438 shares of common stock withheld to cover taxes.
- The shares were withheld at a price of $8.2.
- Following the transaction, Brown directly owns 1,233,143 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 filing related to standard tax obligations. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure related to insider transactions and provides transparency to investors regarding the CEO's stock ownership in Beyond Meat.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine tax-related stock withholding.
Key Dates
| Date | Description |
|---|---|
| 03/12/2024 | Date of the stock transaction where shares were withheld for taxes. |
| 03/14/2024 | Date of signature on the Form 4 filing. |
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