Form 4: Beyond Meat Executive Witteman Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
Teri L. Witteman, Chief Legal Officer and Secretary of Beyond Meat, reported disposing of shares 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 detailing changes in beneficial ownership.
- The report indicates the disposal of Beyond Meat common stock on February 28, 2025, to cover tax obligations related to the vesting of restricted stock units.
- A total of 991 shares were disposed of at a price of $3.16 per share.
- Following the reported transactions, Witteman beneficially owns 113,020 shares of Beyond Meat common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions by an insider. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates that a company insider disposed of shares to cover tax obligations, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of stock disposal for tax obligations. |
| 03/04/2025 | Date of signature on the Form 4 filing. |
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