Form 4: Beyond Meat CFO Lubi Kutua Reports Stock Disposal for Tax Obligations
SEC Filing (Form 4)
Lubi Kutua, CFO and Treasurer of Beyond Meat, Inc., disposed of 15 shares of common stock on September 16, 2024, to cover tax obligations related to vesting restricted stock units.
Summary
- On September 16, 2024, Lubi Kutua, the CFO and Treasurer of Beyond Meat, Inc., disposed of 15 shares of common stock.
- The transaction was executed to cover tax obligations arising from the vesting of restricted stock units previously granted under the 2018 Equity Incentive Plan.
- The shares were sold at a price of $6.15 per share.
- Following the transaction, Kutua directly owns 199,646 shares of Beyond Meat common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It reflects a standard transaction for tax purposes and doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
This is a routine filing related to insider transactions. It is common for company executives to sell shares to cover tax obligations related to vesting equity awards.
Key Dates
| Date | Description |
|---|---|
| 09/16/2024 | Date of stock disposal transaction |
| 09/18/2024 | Date of signature for the Form 4 filing |
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