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

Teri L. Witteman, Chief Legal Officer and Secretary of Beyond Meat, disposed of 626 shares of common stock on May 31, 2024, to cover tax obligations related to vesting restricted stock units.

Summary

• Teri L. Witteman, Chief Legal Officer and Secretary of Beyond Meat, filed a Form 4 with the SEC.
• The filing reports a transaction on May 31, 2024, where 626 shares of Beyond Meat's common stock were disposed of at a price of $7.59 per share.
• This disposal was to cover tax obligations related to the vesting of restricted stock units previously awarded under the 2018 Equity Incentive Plan.
• Following the transaction, Witteman directly owns 116,245 shares of Beyond Meat common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to stock transactions by an executive. It doesn't inherently indicate positive or negative sentiment, as it's a routine disclosure.

Industry Context

Form 4 filings are routine disclosures required by the SEC when company insiders, like officers and directors, trade in their company's stock. This filing indicates a transaction related to tax obligations from vested stock awards, which is a common occurrence.

Key Dates