Beebe Mike 4
Research Summary
AI-generated summary
Tyson Foods (TSN) Director Mike Beebe Receives Stock Award ($190K)
What Happened
Mike Beebe, a non-employee director of Tyson Foods, was granted 2,911.431 shares of Class A common stock on 2026-02-06 as an award (code A) with a per-share value of $65.26, totaling $190,000. The award was granted in connection with his election as a director at the company’s Feb 5, 2026 Annual Meeting; Beebe elected to receive this stock award in lieu of a deferred stock award.
Key Details
- Transaction date: 2026-02-06; grant type: stock award (A).
- Price/value: $65.26 per share; total value reported $190,000.
- Shares received: 2,911.431 shares.
- Shares added via dividend reinvestment: filing notes an additional 114.522 shares acquired under the company’s dividend reinvestment plan since the last filing; those reinvested shares are exempt from concurrent reporting under Rule 16a-11.
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Filing date/accession: Form 4 filed 2026-02-09 (no late filing indicated in the provided data).
Context
This was a director compensation award tied to board election, a common non-cash form of pay for non-employee directors. Such grants reflect standard compensation practices and are not the same as an open-market purchase by an officer or director signaling a personal investment decision. The dividend-reinvestment shares noted in the filing are routine and exempt from concurrent Section 16 reporting under Rule 16a-11.