Form 4: Beyond Meat Executive Witteman Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Teri L. Witteman, Chief Legal Officer and Secretary of Beyond Meat, disposed of 92 shares of common stock on March 12, 2025, 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 on March 14, 2025, reporting a change in beneficial ownership of Beyond Meat stock.
- On March 12, 2025, Witteman disposed of 92 shares of common stock at a price of $3.33 per share to satisfy tax obligations related to the vesting of restricted stock units.
- Following the transaction, Witteman directly owns 106,620 shares of Beyond Meat common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard practice of executives covering tax obligations through stock disposal.
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
| Date | Description |
|---|---|
| 03/12/2025 | Date of stock disposal transaction. |
| 03/14/2025 | Date of Form 4 filing. |
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