Beyond Meat (NASDAQ: BYND) legal chief sells 29,978 shares in 10b5-1 trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BEYOND MEAT, INC. Chief Legal Officer and Secretary Teri L. Witteman sold 29,978 shares of common stock at $1.00 per share in an open-market transaction on April 20, 2026. The sale was made under a pre-arranged Rule 10b5-1 trading plan adopted on December 12, 2025, and she held 4,178,194 shares directly after the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 29,978 shares ($29,978)
Net Sell
1 txn
Insider
WITTEMAN TERI L
Role
Chief Legal Officer, Secretary
Sold
29,978 shs ($30K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 29,978 | $1.00 | $30K |
Holdings After Transaction:
Common Stock — 4,178,194 shares (Direct, null)
Footnotes (1)
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 12, 2025. This transaction was executed in multiple trades at a price of $1.00 per share. The Reporting Person hereby undertakes to provide, upon request, to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and the price at which the transaction was effected. Includes 39,292 RSUs awarded to the reporting person pursuant to the antidilution provisions of the RSU awards granted to the reporting person on September 29, 2025.
Key Figures
Shares sold: 29,978 shares
Sale price: $1.00 per share
Shares held after transaction: 4,178,194 shares
+1 more
4 metrics
Shares sold
29,978 shares
Open-market sale on April 20, 2026
Sale price
$1.00 per share
Price for the 29,978 sold shares
Shares held after transaction
4,178,194 shares
Direct ownership following April 20, 2026 sale
RSUs included in holdings
39,292 RSUs
Awarded under antidilution provisions from September 29, 2025 grants
Key Terms
Rule 10b5-1 trading plan, RSUs, antidilution provisions, open-market sale
4 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted..."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
RSUs financial
"Includes 39,292 RSUs awarded to the reporting person pursuant to the antidilution provisions..."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
antidilution provisions financial
"Includes 39,292 RSUs awarded to the reporting person pursuant to the antidilution provisions of the RSU awards..."
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did BYND executive Teri L. Witteman report?
Teri L. Witteman reported selling 29,978 shares of Beyond Meat common stock at $1.00 per share. The transaction occurred on April 20, 2026, and was classified as an open-market sale, reducing but not eliminating her direct ownership stake.
Was the BYND insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing states the sales were effected under a Rule 10b5-1 trading plan adopted by Teri L. Witteman on December 12, 2025. Such plans pre-schedule trades, indicating the timing was determined in advance rather than chosen opportunistically.
What is Teri L. Witteman’s role at Beyond Meat?
Teri L. Witteman serves as Beyond Meat’s Chief Legal Officer and Secretary. As an executive officer, her share transactions are reported on Form 4, providing transparency into her ownership changes and any open-market trades in company stock.
Does the BYND Form 4 mention any RSUs for Teri L. Witteman?
Yes. A footnote explains that her holdings include 39,292 restricted stock units (RSUs) awarded under antidilution provisions tied to RSU grants made on September 29, 2025. These RSUs represent additional equity-based compensation beyond common shares.