Beyond Meat Insider Continues Stock Sales: $20K Sold in Past 3 Months
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Form 144 Notice of Proposed Sale filed by Beyond Meat insider Chelsea A. Grayson, indicating planned sale of 492 shares of common stock through Merrill Lynch at an aggregate market value of $1,702.05. The shares were acquired on May 23, 2024, as vested restricted shares.
Recent trading history shows Grayson has sold multiple blocks of shares in the past 3 months totaling 6,690 shares:
- May 28, 2025: 1,125 shares ($3,498.75)
- April 25, 2025: 1,125 shares ($2,817.53)
- March 25, 2025: 1,110 shares ($3,640.00)
- March 13, 2025: 3,330 shares ($10,955.70)
The proposed sale represents a small fraction of Beyond Meat's 76.47 million outstanding shares and is scheduled for execution on NASDAQ around June 25, 2025.
Positive
- None.
Negative
- Insider Chelsea Grayson has consistently sold shares over the past 3 months, totaling 6,690 shares with aggregate proceeds of $20,912, indicating a pattern of insider selling
- The insider's continued selling comes at a time when Beyond Meat stock has shown significant weakness, with share price declining from $3.28 (March) to $2.50 (May) per share based on sale proceeds