Form 4: Beyond Meat CFO Lubi Kutua Reports Tax-Related Stock Disposal
SEC Filing
CFO of Beyond Meat, Lubi Kutua, disposed of 1,250 shares of common stock to cover tax obligations related to vesting restricted stock units.
Summary
- On May 31, 2024, Lubi Kutua, CFO and Treasurer of Beyond Meat, Inc., disposed of 1,250 shares of common stock.
- The transaction was executed to cover tax obligations related to the vesting of restricted stock units previously awarded under the 2018 Equity Incentive Plan.
- The shares were disposed of at a price of $7.59 per share.
- Following the transaction, Kutua directly owns 202,249 shares of Beyond Meat common stock.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, with no inherent positive or negative implications for the company's performance.
Industry Context
This is a routine transaction related to executive compensation and tax obligations, common among publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 05/31/2024 | Date of the stock disposal transaction. |
| 06/04/2024 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.