Beyond Meat (BYND) Form 4: Tax Withholding of 65 Shares by CFO
Rhea-AI Filing Summary
Form 4 summary for BYND: The reporting person, Lubi Kutua (CFO and Treasurer), reported a non-derivative disposition on 08/28/2025 of 65 shares of Beyond Meat common stock at a price of $2.54 per share. The filing shows 177,718 shares beneficially owned following the transaction, held directly. The explanation states the 65 shares were withheld to pay taxes on vested restricted stock units previously awarded under the company’s 2018 Equity Incentive Plan. The form is signed by an attorney-in-fact and reflects routine tax-withholding related to equity compensation.
Positive
- Disclosure compliance: The officer filed a timely Form 4 detailing the transaction and post-transaction ownership.
- Transaction is administrative: The disposition is explicitly for tax withholding on vested RSUs, not a market sale for cash needs.
Negative
- None.
Insights
TL;DR: Small tax-withholding disposition by the CFO; immaterial to outstanding share count or valuation.
The reported transaction is a 65-share withholding to satisfy tax obligations on vested RSUs, executed at $2.54 per share. Such withholdings are administrative and do not reflect a deliberate cash-raising sale or signal on company fundamentals. Post-transaction direct ownership remains 177,718 shares. Given the small size relative to typical insider holdings and the absence of other trades, this is a neutral, routine disclosure with no material impact on capitalization or liquidity.
TL;DR: Filing shows compliance with Section 16 reporting for an equity-compensation tax withholding event.
The Form 4 documents an administrative disposition tied to equity-plan vesting and tax withholding under the 2018 Equity Incentive Plan. The reporting person is identified as an officer (CFO, Treasurer) and the form was executed via attorney-in-fact, demonstrating procedural compliance. There is no indication of unexpected leadership change or coordinated insider selling; the item appears routine and consistent with standard executive compensation practices.