Form 4: Beyond Meat's Chief Operations Officer Reports Stock Transactions
SEC Form 4 Filing
Jonathan P. Nelson, Chief Operations Officer of Beyond Meat, reports the disposal of shares to cover tax obligations related to vesting restricted stock units.
Summary
- Jonathan P. Nelson, the Chief Operations Officer of Beyond Meat, filed a Form 4 with the SEC.
- The filing reports the disposal of Beyond Meat common stock on May 31, 2024, and June 3, 2024, to cover tax obligations.
- On May 31, 2024, 584 shares were disposed of at a price of $7.59.
- On June 3, 2024, 75 shares were disposed of at a price of $7.76.
- Following these transactions, Nelson directly owns 114,250 shares of Beyond Meat common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports stock transactions for tax purposes, which is a routine event.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider and doesn't necessarily indicate a change in the company's outlook or performance. It is common for executives to sell shares to cover tax obligations when restricted stock units vest.
Key Dates
| Date | Description |
|---|---|
| 05/31/2024 | Disposal of 584 shares of common stock at $7.59 per share. |
| 06/03/2024 | Disposal of 75 shares of common stock at $7.76 per share. |
| 06/04/2024 | Date of signature for the Form 4 filing. |
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