Form 4: Beyond Meat CFO Lubi Kutua Reports Stock Transaction
SEC Form 4 Filing
CFO of Beyond Meat, Lubi Kutua, reports disposition of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On April 15, 2024, Lubi Kutua, CFO and Treasurer of Beyond Meat, Inc., disposed of 1,201 shares of common stock to cover tax obligations.
- The shares were withheld at a price of $6.49 per share.
- Following the transaction, Kutua directly owns 203,564 shares of Beyond Meat.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and actions regarding their company's stock.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/15/2024 | Date of stock transaction |
| 04/17/2024 | Date of signature by Attorney-In-Fact |
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