Waller Kathy N 4
Research Summary
AI-generated summary
Beyond Meat (BYND) Director Kathy Waller Receives RSU Award
What Happened
- Kathy N. Waller, a director of Beyond Meat (BYND), received an award of 152,555 restricted stock units (RSUs) on May 20, 2026. The RSUs were granted at $0.00 (no cash paid) and represent the right to receive shares in the future under the company's 2018 Equity Incentive Plan.
- The award vests on the earlier of (i) one year after the grant date or (ii) the day before the first annual meeting of shareholders following the grant date, subject to continued service and accelerated vesting on a Change in Control. Waller elected to defer receipt of the underlying shares upon vesting per the company’s deferral election.
Key Details
- Transaction date: 2026-05-20; Form 4 filed: 2026-05-22 (appears timely — within 2 business days).
- Transaction type/code: Award (A) — 152,555 RSUs granted at $0.00 (no immediate cash value recorded in the filing).
- Shares owned after transaction: Not specified in the filing.
- Notable footnotes: RSUs subject to vesting schedule, continued service requirement, accelerated vesting on Change in Control, and a deferral election by the reporting person.
Context
- RSU grants are a form of equity compensation and do not represent an open‑market purchase or sale; they are common for directors and employees and do not by themselves indicate a trading signal.
- The economic value to the insider will depend on the company’s stock price when/if the RSUs vest and are settled; because Waller elected to defer receipt, shares will not be issued to her immediately upon vesting.