Beyond Meat (BYND) CFO Kutua Lubi Sells 419,042 Shares

What Happened

• Kutua Lubi, CFO and Treasurer of Beyond Meat (BYND), disposed of 419,042 shares in an open-market sale on April 13, 2026 under a Rule 10b5-1 trading plan for a weighted average price of $0.60 per share, netting approximately $253,311. On the same date 1,208 shares were withheld to cover taxes related to vesting restricted stock units at $0.66 per share (value ~$797).

Key Details

• Transaction dates: April 13, 2026; Form 4 filed April 15, 2026 (appears timely).
• Sale details: 419,042 shares sold, weighted average price $0.60; execution prices ranged $0.588–$0.6173 (multiple trades).
• Tax withholding: 1,208 shares withheld to cover taxes on RSU vesting.
• Plan note: Sales effected pursuant to a 10b5-1 plan adopted Dec 12, 2025.
• Additional note: The filing indicates inclusion of 57,366 RSUs/shares awarded under antidilution provisions of RSU awards (per footnote).
• Shares owned after the transactions: not specified in the excerpt of this Form 4.

Context

• These were sales, not purchases — often routine or for tax/proceeds management rather than a forward-looking signal. The 10b5-1 plan shows the sales were prearranged. The withheld shares relate to RSU vesting (tax payment), not an independent sale decision.