BYND.NASDAQBeyond Meat, INC

Form 4: Beyond Meat Executive Witteman Reports Stock Transaction

Sentiment:

SEC Form 4 Filing

📋All filings for Beyond Meat, INC
🔒Login to Follow

Teri L. Witteman, Chief Legal Officer and Secretary of Beyond Meat, reported a transaction involving the withholding of shares to cover taxes related to vested restricted stock units.

Summary

  • On August 28, 2024, Teri L. Witteman, Chief Legal Officer and Secretary of Beyond Meat, reported a transaction.
  • 236 shares of common stock were disposed of to cover taxes related to the vesting of restricted stock units.
  • The price per share for the transaction was $6.07.
  • Following the transaction, Witteman directly owns 115,929 shares of Beyond Meat common stock.

Sentiment

Score: 5

Explanation: This is a neutral filing related to a routine stock transaction for tax purposes. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can be an indicator of management's perspective on the company's stock.

Comparison to Industry Standards

  • Comparing Witteman's holdings and transactions to those of executives at similar companies like Impossible Foods (privately held, so direct comparison is limited), Oatly (OTLY), or other publicly traded food companies can provide context.
  • Analyzing the ratio of executive stock ownership to overall market capitalization can offer insights into alignment of interests.

Key Dates

DateDescription
08/28/2024Date of stock transaction (disposal of shares for tax withholding).
08/30/2024Date of signature on the Form 4 filing.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.