STOCK TITAN
  1. Home
  2. SEC Filings
  3. BYND
  4. [8-K] BEYOND MEAT, INC. Reports Material Event

Beyond Meat signs $23.5M pea protein supply deal

Beyond Meat, Inc. entered into a multi-year Sales Agreement with Roquette Frères under which Roquette will supply pea protein through December 31, 2027.

Accepted by SEC EDGAR
Filing Impact
(Moderate)
Filing Sentiment

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment worksHow the balance works

Form Type
8-K

Rhea-AI Filing Summary

Beyond Meat, Inc. entered into a multi-year Sales Agreement with Roquette Frères under which Roquette will supply pea protein through December 31, 2027. The agreement is based on minimum annual purchase quantities, totaling about $23.5 million over the term, subject to inflation and exchange rate adjustments.

If Beyond Meat does not meet the minimum annual quantities, it must pay Roquette liquidated damages based on the value of unpurchased volumes, with some ability to roll volumes between years. The company must also provide a $1.0 million standby letter of credit to secure payment obligations.

The board approved the 2026 Employment Inducement Equity Incentive Plan, reserving 10,000,000 shares of common stock for awards. Adopted under Nasdaq Rule 5635(c)(4), the plan allows equity grants only to new or returning employees as a material inducement to join Beyond Meat.

Insights

Beyond Meat secures pea protein supply and adds a large inducement equity pool.

The Sales Agreement with Roquette locks in pea protein supply through 2027 with minimum annual purchase commitments totaling about $23.5 million. This structure can support production planning but also creates obligations backed by a $1.0 million standby letter of credit.

Liquidated damages for missing minimum volumes, even with some rollover flexibility, add downside if demand weakens or product mix shifts. The 2026 Employment Inducement Equity Incentive Plan, reserving 10,000,000 shares, gives hiring flexibility for key talent under Nasdaq Rule 5635(c)(4), while also introducing potential future share issuance depending on how extensively the plan is used.

Item 1.01 Entry into a Material Definitive Agreement Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Pea protein commitment $23.5 million Aggregate minimum purchase amount over the Sales Agreement term
Standby letter of credit $1.0 million Secures Beyond Meat’s payment obligations to Roquette
Sales Agreement term end December 31, 2027 Expiration date of Roquette pea protein Sales Agreement, subject to extension or early termination
Inducement Plan share reserve 10,000,000 shares Common stock reserved for awards under the 2026 Inducement Plan
Plan adoption date March 30, 2026 Effective date board approved the 2026 Employment Inducement Equity Incentive Plan
Sales Agreement financial
"Beyond Meat, Inc. and Roquette Frères entered into a Sales Agreement pursuant to which Roquette will provide the Company with pea protein."
A sales agreement is a written contract that sets out the terms for selling goods, services, or assets, specifying price, delivery, payment schedule and responsibilities of each side. For investors it matters because it creates a predictable stream of revenue or cash obligations, clarifies timing and risk, and can change a company’s value or forecasts much like a signed order turns a customer’s verbal intent into a firm commitment.
standby letter of credit financial
"The Sales Agreement requires the Company to procure a $1.0 million standby letter of credit to secure its payment obligations thereunder"
A standby letter of credit is a bank-issued guarantee that promises to pay a beneficiary if the buyer or borrower fails to meet a contractual obligation. Think of it as a safety net: the bank steps in to make payment when the primary party defaults. Investors care because it reduces counterparty and payment risk, can support deals or borrowing capacity, and signals that a bank is willing to back the issuer’s obligations.
liquidated damages financial
"it will be required to pay Roquette liquidated damages calculated as a percentage of the amount the Company would have been required to pay"
A pre-agreed sum that one party must pay if it breaks a contract, chosen so both sides avoid arguing over the exact amount of loss later. Think of it like a fixed cancellation fee for a reservation: it makes potential costs predictable. For investors, liquidated damages matter because they create a known financial liability that can affect cash flow, contract risk, balance-sheet exposure and deal valuations.
Employment Inducement Equity Incentive Plan financial
"the board of directors of the Company approved the Beyond Meat, Inc. 2026 Employment Inducement Equity Incentive Plan (the “Inducement Plan”)."
An employment inducement equity incentive plan is a program that grants stock or stock-based awards to new hires as a signing bonus and motivation to join and stay with a company. Like giving a welcome package that becomes more valuable if the person stays or the company does well, these awards align employee and shareholder interests; investors watch them because they can dilute existing shares, affect executive incentives, and signal how a company attracts talent.
Rule 5635(c)(4) of the Nasdaq Listing Rules regulatory
"The Inducement Plan was adopted by the board of directors without stockholder approval pursuant to Rule 5635(c)(4) of the Nasdaq Listing Rules."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What supply agreement did Beyond Meat (BYND) sign with Roquette?
Beyond Meat and Roquette Frères signed a multi-year Sales Agreement for pea protein supply through December 31, 2027. The deal is based on minimum annual purchase quantities totaling about $23.5 million over the term, with pricing subject to inflation and exchange rate adjustments.

How much is Beyond Meat (BYND) committed to under the Roquette pea protein deal?
The agreement specifies minimum annual base quantities of pea protein that aggregate to approximately $23.5 million over the contract term. These amounts can be adjusted for inflation and exchange rates, and failure to purchase minima can trigger liquidated damages payable to Roquette.

What happens if Beyond Meat (BYND) does not meet minimum pea protein purchases?
If Beyond Meat does not buy the required minimum annual quantities, it must pay Roquette liquidated damages calculated as a percentage of what it would have paid for the unpurchased volumes. A portion of these unpurchased amounts can be rolled over between years under the agreement.

What is Beyond Meat’s 2026 Employment Inducement Equity Incentive Plan?
The 2026 Employment Inducement Equity Incentive Plan is an equity program adopted by Beyond Meat’s board under Nasdaq Rule 5635(c)(4). It reserves 10,000,000 common shares for awards granted as material inducements to new or returning employees, without requiring stockholder approval for adoption.

Who is eligible for Beyond Meat’s new Inducement Plan (BYND)?
Awards under the Inducement Plan may only be granted to employees who have not previously been employees or directors of Beyond Meat or its affiliates, or who return after a bona fide break. Grants must be made in connection with starting employment and serve as a material inducement to join.

Did Beyond Meat (BYND) need shareholder approval for the 2026 Inducement Plan?
No. The board approved the 2026 Employment Inducement Equity Incentive Plan without stockholder approval, relying on Nasdaq Listing Rule 5635(c)(4). That rule permits inducement equity awards to new or returning employees when the awards are a material inducement to accept employment with the company.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Understanding 8-K Material Events →
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
0001655210false00016552102026-03-282026-03-28

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of Earliest Event Reported): March 28, 2026
BEYOND MEAT, INC.
(Exact name of registrant as specified in its charter)
Delaware001-3887926-4087597
(State or other jurisdiction
of incorporation)
(Commission File Number)
(I.R.S. Employer
Identification Number)
888 N. Douglas Street, Suite 100
El Segundo, California 90245
(Address of principal executive offices, including zip code)
(866) 756-4112
(Registrant’s telephone number, including area code)
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, $0.0001 par valueBYNDThe Nasdaq Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐



Item 1.01 Entry into a Material Definitive Agreement.

On March 28, 2026, Beyond Meat, Inc. (the “Company”) and Roquette Frères (“Roquette”) entered into a Sales Agreement (the “Sales Agreement”) pursuant to which Roquette will provide the Company with pea protein. The Sales Agreement expires on December 31, 2027, subject to extension or early termination under certain circumstances. The Sales Agreement provides for pea protein to be supplied by Roquette in each of 2026 and 2027, on a purchase order basis per specified minimum annual base quantities, subject to periodic adjustment based on the Company’s binding forecasted requirements throughout the term. The Company is not required to purchase and Roquette is not required to deliver pea protein in amounts in excess of such specified minimum annual quantities. The total annual amount purchased each year by the Company must be at least the minimum amount specified in the Sales Agreement, which totals in the aggregate approximately $23.5 million (subject to annual inflationary and exchange rate adjustments) over the term of the Sales Agreement. If the Company does not purchase the applicable minimum annual quantities, it will be required to pay Roquette liquidated damages calculated as a percentage of the amount the Company would have been required to pay for the unpurchased volumes in the relevant year, subject to roll over of a portion of unpurchased volumes from year to year. The Sales Agreement requires the Company to procure a $1.0 million standby letter of credit to secure its payment obligations thereunder and also provides for the Company and Roquette to indemnify one another in certain circumstances.
The foregoing is only a brief description of the Sales Agreement and is qualified in its entirety by reference to the full Sales Agreement, a copy of which is filed as Exhibit 10.1 hereto and is incorporated herein by reference.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Effective as of March 30, 2026, the board of directors of the Company approved the Beyond Meat, Inc. 2026 Employment Inducement Equity Incentive Plan (the “Inducement Plan”). The terms of the Inducement Plan are substantially similar to the terms of the Company’s 2018 Equity Incentive Plan, as amended and restated on September 28, 2025, with the exception that incentive stock options may not be issued under the Inducement Plan and awards under the Inducement Plan may only be issued to eligible recipients under the applicable rules of the Nasdaq Stock Market LLC (“Nasdaq”). The Inducement Plan was adopted by the board of directors without stockholder approval pursuant to Rule 5635(c)(4) of the Nasdaq Listing Rules.
The board of directors has initially reserved 10,000,000 shares of the Company’s common stock for issuance pursuant to awards granted under the Inducement Plan. In accordance with Rule 5635(c)(4) of the Nasdaq Listing Rules, awards under the Inducement Plan may only be made to an employee who has not previously been an employee or member of the board of directors of the Company or any parent or subsidiary, or following a bona fide period of non-employment by the Company or a parent or subsidiary, if he or she is granted such award in connection with his or her commencement of employment with the Company or a subsidiary and such grant is an inducement material to his or her entering into employment with the Company or such subsidiary.


The foregoing is only a brief description of the Inducement Plan and is qualified in its entirety by reference to the full Inducement Plan and the forms of restricted stock unit and stock option award agreements to be used thereunder, copies of which are filed as Exhibits 10.2, 10.3 and 10.4, respectively, hereto and are incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit
Number
Description
10.1+^
Multi-Year Sales Agreement, dated March 28, 2026, by and between Roquette Frères and Beyond Meat, Inc.
10.2*
Beyond Meat, Inc. 2026 Employment Inducement Equity Incentive Plan
10.3*
Form of Beyond Meat, Inc. 2026 Employment Inducement Equity Incentive Plan Restricted Stock Unit Award Agreement
10.4*
Form of Beyond Meat, Inc. 2026 Employment Inducement Equity Incentive Plan Stock Option Award Agreement
104Cover page interactive data file (embedded with the inline XBRL document)
+ Certain of the schedules and attachments to this exhibit have been omitted pursuant to Regulation S-K, Item 601(a)(5). The registrant hereby undertakes to provide further information regarding such omitted materials to the SEC upon request.
^ Certain portions of this exhibit have been redacted in accordance with Regulation S-K, Item 601(b)(10).
* Indicates management contract or compensatory plan or arrangement.




SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

BEYOND MEAT, INC.
By:
/s/ Lubi Kutua
Lubi Kutua
Chief Financial Officer and Treasurer
Date: April 2, 2026


Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

7 documents

Agreements & Contracts

Other Documents

Keep reading

More on BYND

All BYND news

Trending in the feed

RAYA
ERAYAK Advances Hybrid Power Strategy as Ruike Facility Enters Final Acceptance Phase Open the live feed