Schedule 13G: Unprocessed Foods Discloses 9.56M BYND Shares, Sole Voting Power
Rhea-AI Filing Summary
Unprocessed Foods, LLC filed a Schedule 13G reporting beneficial ownership of 9,558,635 shares of Beyond Meat, Inc. common stock, equal to 12.47% of the class. The filer reports sole voting and sole dispositive power over all reported shares and states the securities were not acquired to change or influence control of the issuer. The filing lists the filer’s address in Cheyenne, Wyoming, and is signed by Shaleen Shah as President (Ahimsa Foundation, Sole Member).
Positive
- Material disclosure: Filer publicly reports a 12.47% stake (9,558,635 shares) in Beyond Meat, improving transparency
- Sole control: Filer reports sole voting and dispositive power over the reported shares, clarifying authority over votes and dispositions
- Certification included: Statement that shares were not acquired to change or influence control is provided
Negative
- None.
Insights
TL;DR: A single filer reports a meaningful, disclosed stake (12.47%) with sole voting and dispositive power in BYND.
The Schedule 13G shows Unprocessed Foods, LLC holds 9.56 million shares, representing a significant minority position that exceeds 5% reporting thresholds and must be publicly disclosed. The filing classifies the position under Schedule 13G form requirements and includes a certification that the shares were not acquired to influence control. For investors, the key facts are the size of the stake and that voting/dispositive power rests solely with the filer, which could matter for shareholder votes or potential engagement even if the filer disclaims a control intent.
TL;DR: Ownership concentration and sole control of votes may increase influence despite a non-control certification.
The report documents concentrated ownership (12.47%) with sole voting and dispositive authority, signed by an identified representative. While the filer certifies no intent to change control, such a stake can still be material to governance outcomes, especially on contested votes or strategic decisions. The filing does not indicate any group affiliation or arrangements with other shareholders; absence of shared power simplifies the ownership profile for disclosure purposes.