Form 4: Beyond Meat CFO Lubi Kutua Reports Stock Transaction
SEC Form 4 Filing
CFO of Beyond Meat, Lubi Kutua, reports disposition of 27 shares of common stock to cover taxes related to vesting of restricted stock units.
Summary
- On June 12, 2024, Lubi Kutua, CFO and Treasurer of Beyond Meat, Inc., reported a transaction involving the disposition of 27 shares of common stock.
- The shares were withheld to cover taxes applicable to the vesting of restricted stock units previously awarded under the 2018 Equity Incentive Plan.
- The price per share for the transaction was $7.05.
- Following the transaction, Kutua directly owns 202,222 shares of Beyond Meat common stock.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a routine transaction. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, like the CFO, engage in transactions involving the company's stock. This provides transparency to the market.
Key Dates
| Date | Description |
|---|---|
| 06/12/2024 | Date of stock transaction (disposition of shares). |
| 06/13/2024 | Date of signature on the Form 4 filing. |
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