Beyond Meat insider Ethan Brown reports 12,559-share disposition to cover taxes
Rhea-AI Filing Summary
Ethan Brown, President and Chief Executive Officer and a director of Beyond Meat, Inc. (BYND), reported a transaction dated 09/02/2025 in which 12,559 shares of Common Stock were disposed of at a price of $2.37 per share. The filing states these shares were withheld to pay taxes on restricted stock units previously awarded under the 2018 Equity Incentive Plan. After the reported disposition, Mr. Brown directly beneficially owns 1,651,218 shares. He also has indirect ownership of 639,881 shares held by Brown Asset Holding LLC, which is wholly owned by the Ethan Brown 2022 GRAT. The Form 4 was signed by an attorney-in-fact on 09/04/2025.
Positive
- Transaction disclosed as tax withholding clarifies the purpose of the disposition and indicates administrative, not opportunistic, selling
- Substantial remaining insider holdings: 1,651,218 shares direct and 639,881 indirect, preserving insider alignment and voting influence
- Form 4 filed and signed (attorney-in-fact signature dated 09/04/2025), demonstrating compliance with Section 16 reporting obligations
Negative
- Disposition of 12,559 shares reduced direct ownership by that amount
- Sale price was $2.37, which may be below prior purchase prices (purchase history not provided in this filing)
Insights
TL;DR: A routine tax-withholding share disposition by the CEO signals compliance with equity award tax obligations and leaves substantial insider holdings intact.
The Form 4 documents a common administrative disposition: 12,559 shares were withheld to satisfy tax liabilities from vested restricted stock units. Such withholding is a standard post-vesting action and does not indicate open-market selling or active reduction of insider stakes beyond meeting tax obligations. Materially, Mr. Brown retains control-like holdings: 1,651,218 shares directly and 639,881 indirectly, which preserves his governance and voting influence. The filing was executed by an attorney-in-fact, consistent with common practice for insiders.
TL;DR: Transaction is small and administrative; impact on float and valuation is immaterial based on disclosed sizes.
The disclosed disposition of 12,559 shares at $2.37 is explicitly described as tax-withholding related to RSU vesting. Because the report shows substantial remaining ownership—over 1.65 million shares directly plus an indirect block of 639,881—the transaction is unlikely to alter market perception or insider alignment materially. The report provides clear post-transaction share counts, which supports transparency for investors monitoring insider positions.