Summary by Futu AI
Beyond Meat's Chief Legal Officer and Secretary, Teri L. Witteman, completed a sale of company stock on May 31, 2024. The transaction involved the disposal of 626 shares of common stock at a price of $7.59 per share. Following the sale, Witteman's direct holdings in Beyond Meat totaled 116,245 shares. The total value of the shares sold amounted to $4,751.34. The transaction was described as a means to cover the payment of exercise price or tax liability by delivering or withholding securities, which is a common practice for executives managing stock-based compensation.