Form 4: Beyond Meat Director Chelsea Grayson Sells Shares Under 10b5-1 Trading Plan
SEC Form 4 Filing
Chelsea Grayson, a director at Beyond Meat, sold 3,330 shares of common stock at a price of $3.29 per share on March 13, 2025, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On March 13, 2025, Chelsea A. Grayson, a director of Beyond Meat, Inc. (BYND), sold 3,330 shares of the company's common stock.
- The shares were sold at a price of $3.29 per share.
- The transaction was executed under a Rule 10b5-1 trading plan adopted on December 12, 2024.
- Following the transaction, Grayson directly owns 47,029 shares of Beyond Meat common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
Insider sales are a common occurrence in publicly traded companies. The use of a 10b5-1 trading plan allows insiders to sell shares at predetermined times and prices, avoiding accusations of trading on non-public information. The market reaction to this sale will likely be minimal, as it is a relatively small transaction by a single director.
Stakeholder Impact
- The sale of shares by a director could have a minor psychological impact on shareholders, but the use of a 10b5-1 plan mitigates concerns about insider trading.
Key Dates
| Date | Description |
|---|---|
| 12/12/2024 | Date of adoption of Rule 10b5-1 trading plan |
| 03/13/2025 | Date of stock sale transaction |
| 03/14/2025 | Date of signature on Form 4 |
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