4Accepted Jun 3, 7:18 PM ET
Beyond Meat (BYND) CFO Kutua Lubi Withholds 3,553 Shares for Taxes
Accepted (ET)
7:18 PM
Jun 3, 2026
Filed
Jun 3, 2026
Documents
1
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5.3 KB
Summary
Beyond Meat (BYND) CFO Kutua Lubi Withholds 3,553 Shares for Taxes
What Happened
Kutua Lubi, CFO and Treasurer of Beyond Meat (BYND), had 3,553 shares withheld on June 1, 2026 to satisfy tax withholding obligations tied to the vesting of restricted stock units (RSUs). The shares were valued at $0.78 each, for a total withholding of approximately $2,756. This is a tax-withholding disposition (transaction code F), not an open-market sale or purchase.
Key Details
- Transaction date: 2026-06-01; Form 4 filed: 2026-06-03 (filed promptly following the transaction).
- Shares withheld: 3,553 at $0.78 per share; total value ≈ $2,756.
- Shares owned after transaction: not specified in this Form 4.
- Footnote F1: Shares were withheld to pay taxes on RSUs vested under the Amended and Restated 2018 Equity Incentive Plan.
- Footnote F2: Reporting person’s holdings include 562,139 RSUs and/or shares awarded under antidilution provisions of RSUs granted on Sept 29, 2025.
- Transaction code F indicates routine tax withholding (not a market sale signal).
Context
Tax-withholding share dispositions are common when RSUs vest and generally reflect payroll/tax obligations rather than a decision to sell shares for investment reasons. This filing is informational about compensation-related withholding and does not, by itself, indicate insider buying or selling intent.