Kalajian Tony T 4/A
Research Summary
AI-generated summary
Beyond Meat (BYND) Tony Kalajian Receives Option Grant
What Happened
Tony T. Kalajian, Chief Accounting Officer of Beyond Meat, was granted a stock option award covering 236,221 shares on May 10, 2026. The grant is reported as a derivative acquisition (price $0.00 on Form 4) because it is an option award rather than an open-market purchase or sale. The filing is an amendment correcting the previously reported option count (was incorrectly reported as 237,718).
Key Details
- Transaction date: May 10, 2026; Filing (amended): June 2, 2026.
- Reported amount: 236,221 option shares; price shown $0.00 (derivative grant).
- Vesting: 1/4 vests on Jan 12, 2027, then 1/48th vests monthly thereafter; fully vested Jan 12, 2030, subject to continued service and certain change-in-control acceleration provisions.
- Shares owned after the transaction: not specified in this filing.
- Footnote: Grant made under the 2026 Employment Inducement Equity Incentive Plan.
- Amendment note: Corrects previously reported number of options (237,718 → 236,221).
- Filing timeliness: amended filing submitted; no late-filing flag indicated in the submission.
Context
This was an option grant (a common incentive for employee recruitment/retention) rather than an immediate purchase or sale. The options vest over time and are exercisable in the future (subject to the agreement and possible acceleration on certain change-in-control events). Grants do not by themselves indicate immediate buying or selling of stock.