BEYOND MEAT, INC. DEF 14A Filing
Ticker: BYND · Form: DEF 14A · Filed: 2024-04-10T00:00:00.000Z
Sentiment: neutral
Topics: Beyond Meat, BYND, DEF 14A, Proxy Statement, Executive Compensation
TL;DR
<b>Beyond Meat, Inc. filed its DEF 14A proxy statement on April 10, 2024, detailing executive compensation and equity awards for the fiscal year ending December 31, 2023.</b>
AI Summary
BEYOND MEAT, INC. (BYND) filed a Proxy Statement (DEF 14A) with the SEC on April 10, 2024. Beyond Meat, Inc. filed a DEF 14A on April 10, 2024. The filing covers the fiscal year ending December 31, 2023. The company's principal executive offices are located at 888 N. Douglas Street, Suite 100, El Segundo, CA 90245. The filing includes information on executive compensation and equity awards for 2023, 2022, and 2021. Beyond Meat, Inc. was formerly known as Savage River, Inc. until October 8, 2015.
Why It Matters
For investors and stakeholders tracking BEYOND MEAT, INC., this filing contains several important signals. This DEF 14A filing provides shareholders with crucial information regarding executive compensation, including details on equity awards granted and vested, which can influence investor sentiment and voting decisions. Understanding the company's compensation structure and equity awards is important for shareholders to assess management's alignment with company performance and long-term strategy.
Risk Assessment
Risk Level: medium — BEYOND MEAT, INC. shows moderate risk based on this filing. The filing is a DEF 14A, which is a routine filing for public companies to provide information to shareholders regarding annual meetings, director elections, and executive compensation. While not indicative of immediate financial distress, the nature of proxy statements often involves discussions of compensation and governance that can be sensitive.
Analyst Insight
Review the executive compensation details and equity award grants within the DEF 14A filing to understand management's incentives and potential impact on future company performance.
Key Numbers
- 2023-12-31 — Fiscal Year End (Period of report)
- 2024-04-10 — Filing Date (Date of filing)
- 001-38879 — SEC File Number (SEC file number for Beyond Meat, Inc.)
- 264087597 — IRS Number (IRS number for Beyond Meat, Inc.)
Key Players & Entities
- BEYOND MEAT, INC. (company) — Filer name
- BYND (company) — Ticker symbol
- DEF 14A (regulator) — Filing type
- 2024-04-10 (date) — Filing date
- 2023-12-31 (date) — Fiscal year end
- 888 N. DOUGLAS STREET, SUITE 100 (location) — Business address
- EL SEGUNDO (location) — Business address city
- CA (location) — Business address state
FAQ
When did BEYOND MEAT, INC. file this DEF 14A?
BEYOND MEAT, INC. filed this Proxy Statement (DEF 14A) with the SEC on April 10, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by BEYOND MEAT, INC. (BYND).
Where can I read the original DEF 14A filing from BEYOND MEAT, INC.?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by BEYOND MEAT, INC..
What are the key takeaways from BEYOND MEAT, INC.'s DEF 14A?
BEYOND MEAT, INC. filed this DEF 14A on April 10, 2024. Key takeaways: Beyond Meat, Inc. filed a DEF 14A on April 10, 2024.. The filing covers the fiscal year ending December 31, 2023.. The company's principal executive offices are located at 888 N. Douglas Street, Suite 100, El Segundo, CA 90245..
Is BEYOND MEAT, INC. a risky investment based on this filing?
Based on this DEF 14A, BEYOND MEAT, INC. presents a moderate-risk profile. The filing is a DEF 14A, which is a routine filing for public companies to provide information to shareholders regarding annual meetings, director elections, and executive compensation. While not indicative of immediate financial distress, the nature of proxy statements often involves discussions of compensation and governance that can be sensitive.
What should investors do after reading BEYOND MEAT, INC.'s DEF 14A?
Review the executive compensation details and equity award grants within the DEF 14A filing to understand management's incentives and potential impact on future company performance. The overall sentiment from this filing is neutral.
How does BEYOND MEAT, INC. compare to its industry peers?
Beyond Meat, Inc. operates in the food industry, specifically focusing on plant-based meat alternatives.
Are there regulatory concerns for BEYOND MEAT, INC.?
The filing is a DEF 14A, which is a type of registration statement filed with the SEC by companies to provide information to shareholders regarding annual meetings and related matters.
Industry Context
Beyond Meat, Inc. operates in the food industry, specifically focusing on plant-based meat alternatives.
Regulatory Implications
The filing is a DEF 14A, which is a type of registration statement filed with the SEC by companies to provide information to shareholders regarding annual meetings and related matters.
What Investors Should Do
- Analyze the executive compensation details provided in the DEF 14A.
- Examine the equity awards granted and vested for key personnel.
- Understand the proposals to be voted on at the upcoming shareholder meeting.
Key Dates
- 2024-04-10: Filing Date — Filing of DEF 14A proxy statement
- 2023-12-31: Fiscal Year End — Period covered by the filing
Year-Over-Year Comparison
This is the initial DEF 14A filing for the fiscal year ending December 31, 2023, filed on April 10, 2024. Previous filings would have covered prior fiscal years.
Filing Stats: 4,788 words · 19 min read · ~16 pages · Grade level 13.3 · Accepted 2024-04-10 16:07:11
Key Financial Figures
- $18,500 — es and will pay MacKenzie a base fee of $18,500 for these services, plus any related co
Filing Documents
- bynd-20240410.htm (DEF 14A) — 1300KB
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- 0001655210-24-000085.txt ( ) — 4580KB
- bynd-20240410.xsd (EX-101.SCH) — 3KB
- bynd-20240410_def.xml (EX-101.DEF) — 4KB
- bynd-20240410_lab.xml (EX-101.LAB) — 5KB
- bynd-20240410_pre.xml (EX-101.PRE) — 3KB
- bynd-20240410_htm.xml (XML) — 95KB
EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION 68 Summary Compensation Table 68 Narrative Disclosure to Summary Compensation Table 69 Grants of Plan-Based Awards in 2023 72 Outstanding Equity Awards at 2023 Fiscal Year-End 74 Option Exercises and Stock Vested in 2023 78 Fiscal Year 2023 Pension Benefits 79 Fiscal Year 2023 Nonqualified Deferred Compensation 79 Potential Payments Upon Termination or Change in Control 79 Pay Versus Performance 81 CEO Pay Relative to Median Pay of our Employees 86 Equity Compensation Plan Information 87
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 88 RELATED PERSON TRANSACTIONS 91 Indemnification of Directors and Officers 91 Policies and Procedures for Related Person Transactions 92 OTHER MATTERS 93 2023 Annual Report and SEC Filings 93 Stockholders Sharing the Same Address 93 Special Note Regarding Forward-Looking Statements 93 ii | | 2024 Proxy Statement BEYOND MEAT, INC. PROXY STATEMENT FOR 2024 ANNUAL MEETING OF STOCKHOLDERS To Be Held at 8:00 a.m. Pacific Time on Thursday, May 23, 2024 This proxy statement and form of proxy are furnished in connection with the solicitation of proxies by our board of directors for use at the 2024 annual meeting of stockholders (the "Annual Meeting") of Beyond Meat, Inc., a Delaware corporation ("Beyond Meat" or the "company"), and any postponements, adjournments or continuations thereof. The Annual Meeting will be held virtually, via live webcast on Thursday, May 23, 2024 at 8:00 a.m. Pacific Time. The Annual Meeting can be accessed via the Internet at www.virtualshareholdermeeting.com/BYND2024 where you will be able to attend and listen to the Annual Meeting live, submit questions and vote your shares electronically at the Annual Meeting. You will not be able to attend the Annual Meeting physically in person. Our board of directors has fixed the close of business on March 26, 2024 as the record date (the "Record Date") for the Annual Meeting. Stockholders of record as of the Record Date are entitled to notice of and to vote at the Annual Meeting. The Notice of Internet Availability of Proxy Materials (the "Notice") containing instructions on how to access this proxy statement, the form of proxy and our annual report will be mailed on or about April 10, 2024 to all stockholders entitled to vote at the Annual Meeting. QUESTIONS AND ANSWERS ABOUT THE PROXY MATERIALS AND OUR ANNUAL MEETING The information provided in the "question and answer" format below is for your convenience