Form 4: Beyond Meat Executive Dariush Ajami Reports Stock Disposal for Tax Obligations

Dariush Ajami, Chief Innovation Officer at Beyond Meat, disposed of 160 shares of common stock to cover tax obligations related to vesting restricted stock units.

Summary

• On June 12, 2024, Dariush Ajami, the Chief Innovation Officer of Beyond Meat, disposed of 160 shares of Beyond Meat's 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 $7.05 per share.
• Following the transaction, Ajami directly owns 201,411 shares of Beyond Meat common stock.

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 for reporting transactions by company insiders, providing transparency to investors regarding their trading activities.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it involves a small number of shares disposed of by an executive for tax purposes.

Key Dates