Summary by Moomoo AI
Beyond Meat's CFO and Treasurer, Kutua Lubi, completed a sale of company stock on March 12, 2024. The transaction involved the disposal of 28 shares of common stock at a price of $8.20 per share. Following the sale, Lubi's direct holdings in Beyond Meat amount to 204,780 shares. The total value of the disposed shares was approximately $229.60. 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 their stock-based compensation.