Beyond Meat (BYND) Officer Reports 236-Share Tax Withholding
Rhea-AI Filing Summary
Form 4 for Beyond Meat, Inc. (BYND) shows that Teri L. Witteman, Chief Legal Officer and Secretary, reported a transaction on 08/28/2025. The filing discloses a disposition of 236 shares of common stock at an effective price of $2.54 per share, leaving 104,147 shares beneficially owned after the transaction. The explanation states the shares were withheld to satisfy taxes on vested restricted stock units previously awarded under the 2018 Equity Incentive Plan. The report is signed by the reporting person on 08/29/2025.
Positive
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Negative
- None.
Insights
TL;DR: Routine tax-withholding sale of vested RSUs; immaterial to ownership stake.
The disposition of 236 shares at $2.54 each was executed to satisfy tax obligations tied to RSU vesting and does not represent an opportunistic open-market trade or change in compensation structure. With 104,147 shares remaining beneficially owned, the transaction size is immaterial relative to typical insider positions and is consistent with standard post-vest tax withholding practices.
TL;DR: Administrative transaction for tax withholding; no governance signal.
The filing documents a standard internal-share withholding under the 2018 Equity Incentive Plan rather than a voluntary sale. Such withholding is common and does not indicate a change in the reporting person’s alignment with shareholders or raise governance concerns. The disclosure meets Section 16 reporting requirements by specifying date, amount, price, and rationale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 236 | $2.54 | $599.44 |
Footnotes (1)
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FAQ
What transaction did Teri L. Witteman report on BYND Form 4?
What is the reporting person's role at Beyond Meat?
When was the Form 4 signed?