Beyond Meat (BYND) CFO Kutua Lubi Withholds 1,209 Shares for Taxes

What Happened Kutua Lubi, Chief Financial Officer and Treasurer of Beyond Meat (BYND), had 1,209 shares withheld on July 13, 2026 to satisfy tax withholding obligations tied to the vesting of previously awarded restricted stock units (RSUs). The filing reports the shares were withheld at $0.62 per share, a total value of approximately $751. This was a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date: July 13, 2026; Form 4 filed July 15, 2026 (appears timely).
• Withheld shares: 1,209 at $0.62 each; total value ≈ $751.
• Transaction type: F — shares withheld to pay taxes on vested RSUs (cashless/share-surrender for tax withholding).
• Shares owned after transaction: not specified in this Form 4.
• Footnote: Withholding applies to RSUs awarded under the Amended and Restated 2018 Equity Incentive Plan.

Context

• Tax-withholding withholdings are routine administrative actions to cover tax liabilities on vested equity and do not necessarily indicate buying or selling intent in the market.
• Purchases by insiders are typically more informative about sentiment; routine withholdings are common following RSU vesting and reduce the insider's reported share count without an open-market transaction.