BYND Form 3 — John R. Boken Files Initial Statement, No Shares Reported
Rhea-AI Filing Summary
Form 3 filed for John R. Boken at Beyond Meat, Inc. (BYND) — The filing reports John R. Boken, listed as an officer (Interim Chief Transformation Officer) and director, submitted an initial Section 16 statement dated 08/06/2025. The form states no securities are beneficially owned by the reporting person and includes a Power of Attorney executed by Teri L. Witteman.
Positive
- None.
Negative
- None.
Insights
TL;DR: Initial ownership filing shows no beneficial shares reported for a newly disclosed officer/director.
The Form 3 documents the initial Section 16 ownership disclosure for John R. Boken in his capacity as Interim Chief Transformation Officer and director at Beyond Meat, Inc. It explicitly states that no securities are beneficially owned. The filing includes an executed Power of Attorney, indicating the form was signed by an attorney-in-fact. For governance review, the absence of reported holdings is a factual statement; no conclusions about compensation, future transactions, or conflicts can be drawn from this form alone.
TL;DR: Compliance filing appears routine and neutral — initial report filed with POA, no beneficial ownership declared.
The submission meets Section 16 reporting requirements by identifying the reporting person, relationship to the issuer, and event date. The declaration of no beneficial ownership is material for monitoring insider transactions because it establishes a baseline of zero holdings. The Power of Attorney signature by Teri L. Witteman on 08/12/2025 documents authorized filing, which is common practice when officers use counsel to submit Section 16 forms.