Summary by Futu AI
Beyond Meat, Inc. has announced that Officer Ethan Brown plans to sell 162,772 shares of common stock on December 12, 2024. The aggregate market value of the shares to be sold is $636,863.37.The shares were originally acquired on January 22, 2015, through the exercise of stock options from Beyond Meat, Inc. The nature of payment for the acquisition was cash, with the payment date set for December 12, 2024, coinciding with the planned sale date.The company reported no securities sold by the officer during the past three months. This planned sale represents a significant transaction for the insider, potentially impacting investor sentiment and market perception of Beyond Meat's stock.