Brown Ethan 4
Research Summary
AI-generated summary
Beyond Meat CEO Ethan Brown Exchanges Options Covering 301,960 Shares
What Happened
- Ethan Brown, President and Chief Executive Officer of Beyond Meat (BYND), reported a derivative transaction on 2026-05-19 in which an outstanding option covering 301,960 shares was cancelled (Disposition to issuer) and a replacement option covering the same 301,960 shares was granted (Grant/Award). No per-share price or cash value was reported (N/A).
- This was an amendment/replacement of an existing option (not an open-market sale or a cash exercise). The original option was granted on July 20, 2016, and is 100% vested and exercisable.
Key Details
- Transaction date: 2026-05-19; Form 4 filed: 2026-05-21.
- Shares involved: 301,960 derivative shares — old option cancelled and new option issued; price/value: N/A on the filing.
- Shares owned after transaction: Not disclosed on the filing.
- Footnote: The filing states the old option was amended to extend the expiration date, resulting in cancellation of the old option and grant of a replacement option (original grant date 7/20/2016; fully vested).
- Filing timeliness: Filed two days after the transaction date; no late filing indicated.
Context
- This is an option amendment/replacement — a modification of derivative awards — not a sale of underlying shares or a cash exercise. Such transactions alter the terms of existing equity awards (here, extending the expiration) and do not by themselves generate proceeds or indicate an immediate disposition of stock.