{"success":true,"data":{"pressRelease":{"id":"30321","rtpr_id":"nGNX9kTfBV","ticker":"BYND","exchange":"NASDAQ","all_tickers":["BYND"],"title":"Beyond Meat® Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)","author":"Globe Newswire","published_at":"2026-05-11T20:05:01.663Z","article_body":"EL SEGUNDO, Calif., May 11, 2026 (GLOBE NEWSWIRE) -- Beyond Meat, Inc.\n(NASDAQ: BYND), otherwise known as Beyond The Plant Protein Company™ (the\n“Company”), announced today that on May 10, 2026, the Human Capital\nManagement and Compensation Committee of the Company’s Board of Directors\n(the “Committee”) granted an option to purchase 237,718 shares of the\nCompany’s common stock and 180,051 restricted stock units (“RSUs”) to\nTony Kalajian under the Beyond Meat, Inc. 2026 Employment Inducement Equity\nIncentive Plan (the “2026 Inducement Plan”) in connection with Mr.\nKalajian's hiring and appointment as Chief Accounting Officer. In addition,\nthe Committee granted 150,043 RSUs to one (1) new non-executive employee under\nthe 2026 Inducement Plan. The awards were granted as inducements material to\nMr. Kalajian and the non-executive employee entering into employment with the\nCompany in accordance with Nasdaq Listing Rule 5635(c)(4).\n\nThe option will vest over a period of four years, with 25% of the shares\nsubject to the option vesting on the first anniversary of the vesting\ncommencement date (Mr. Kalajian’s start date), and the remaining shares\nvesting in substantially equal monthly installments thereafter, subject to Mr.\nKalajian’s continued employment with the Company on such vesting dates. The\nRSUs will vest over a period of four years, with 25% of the RSUs vesting on\nthe first anniversary of the vesting commencement date (the employee’s start\ndate), and the remaining shares vesting in substantially equal quarterly\ninstallments thereafter, subject to Mr. Kalajian and the non-executive\nemployee’s continued employment with the Company on such vesting dates. The\nawards are subject to the terms and conditions of the 2026 Inducement Plan and\nthe terms and conditions of an option award agreement or RSU award agreement,\nas applicable, covering the grant.\n\nThe 2026 Inducement Plan is used exclusively for the grant of equity awards to\nindividuals who were not previously employees of the Company or its parent or\nsubsidiaries, or following a bona fide period of non-employment, as an\ninducement material to such individuals' entering into employment with the\nCompany, pursuant to Nasdaq Listing Rule 5635(c)(4).\n\nAbout Beyond Meat \nBeyond Meat, Inc. (NASDAQ: BYND), otherwise known as Beyond The Plant Protein\nCompany™, is a plant protein company offering a portfolio of plant-based\nproducts made from simple ingredients without GMOs, no added hormones or\nantibiotics, and 0mg of cholesterol per serving. Founded in 2009, Beyond\nMeat’s core products are designed to have the same taste and texture as\nanimal-based meat while being better for people and the planet. The\nCompany’s brand promise, Eat What You Love®, represents a strong belief\nthat there is a better way to feed our future and that the positive choices we\nall make, no matter how small, can have a great impact on our personal health\nand the health of our planet. By shifting from animal-based protein to\nplant-based protein, we can positively impact four growing global issues:\nhuman health, climate change, constraints on natural resources and animal\nwelfare. Visit www.BeyondMeat.com and follow @BeyondMeat on Facebook,\nInstagram, Threads and LinkedIn.\n\nContacts\nMedia:\nShira Zackai\nshira.zackai@beyondmeat.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/2fd5b30f-49db-45f5-9420-bdaccbecfe0c)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX9kTfBV","title":"Beyond Meat® Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)","author":"Globe Newswire","ticker":"BYND","created":"2026-05-11T20:05:01.663Z","tickers":["BYND"],"exchange":"NASDAQ","article_body":"EL SEGUNDO, Calif., May 11, 2026 (GLOBE NEWSWIRE) -- Beyond Meat, Inc.\n(NASDAQ: BYND), otherwise known as Beyond The Plant Protein Company™ (the\n“Company”), announced today that on May 10, 2026, the Human Capital\nManagement and Compensation Committee of the Company’s Board of Directors\n(the “Committee”) granted an option to purchase 237,718 shares of the\nCompany’s common stock and 180,051 restricted stock units (“RSUs”) to\nTony Kalajian under the Beyond Meat, Inc. 2026 Employment Inducement Equity\nIncentive Plan (the “2026 Inducement Plan”) in connection with Mr.\nKalajian's hiring and appointment as Chief Accounting Officer. In addition,\nthe Committee granted 150,043 RSUs to one (1) new non-executive employee under\nthe 2026 Inducement Plan. The awards were granted as inducements material to\nMr. Kalajian and the non-executive employee entering into employment with the\nCompany in accordance with Nasdaq Listing Rule 5635(c)(4).\n\nThe option will vest over a period of four years, with 25% of the shares\nsubject to the option vesting on the first anniversary of the vesting\ncommencement date (Mr. Kalajian’s start date), and the remaining shares\nvesting in substantially equal monthly installments thereafter, subject to Mr.\nKalajian’s continued employment with the Company on such vesting dates. The\nRSUs will vest over a period of four years, with 25% of the RSUs vesting on\nthe first anniversary of the vesting commencement date (the employee’s start\ndate), and the remaining shares vesting in substantially equal quarterly\ninstallments thereafter, subject to Mr. Kalajian and the non-executive\nemployee’s continued employment with the Company on such vesting dates. The\nawards are subject to the terms and conditions of the 2026 Inducement Plan and\nthe terms and conditions of an option award agreement or RSU award agreement,\nas applicable, covering the grant.\n\nThe 2026 Inducement Plan is used exclusively for the grant of equity awards to\nindividuals who were not previously employees of the Company or its parent or\nsubsidiaries, or following a bona fide period of non-employment, as an\ninducement material to such individuals' entering into employment with the\nCompany, pursuant to Nasdaq Listing Rule 5635(c)(4).\n\nAbout Beyond Meat \nBeyond Meat, Inc. (NASDAQ: BYND), otherwise known as Beyond The Plant Protein\nCompany™, is a plant protein company offering a portfolio of plant-based\nproducts made from simple ingredients without GMOs, no added hormones or\nantibiotics, and 0mg of cholesterol per serving. Founded in 2009, Beyond\nMeat’s core products are designed to have the same taste and texture as\nanimal-based meat while being better for people and the planet. The\nCompany’s brand promise, Eat What You Love®, represents a strong belief\nthat there is a better way to feed our future and that the positive choices we\nall make, no matter how small, can have a great impact on our personal health\nand the health of our planet. By shifting from animal-based protein to\nplant-based protein, we can positively impact four growing global issues:\nhuman health, climate change, constraints on natural resources and animal\nwelfare. Visit www.BeyondMeat.com and follow @BeyondMeat on Facebook,\nInstagram, Threads and LinkedIn.\n\nContacts\nMedia:\nShira Zackai\nshira.zackai@beyondmeat.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/2fd5b30f-49db-45f5-9420-bdaccbecfe0c)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-05-11T20:05:01.702201029Z","server_sent_at_ms":1778529901702},"received_at":"2026-05-11T20:05:01.882Z","source_url":"https://www.globenewswire.com/news-release/2026/05/11/3292298/0/en/Beyond-Meat-Announces-Inducement-Grants-Under-Nasdaq-Listing-Rule-5635-c-4.html"},"analysis":{"id":"22455","press_release_id":"30321","analysis_json":{"industry":{"label":"Packaged Foods & Meats","sector":"Consumer Staples"},"redFlags":[],"eventType":"executive_change","narrative":"Beyond Meat, Inc. granted an option to purchase 237,718 shares and 180,051 restricted stock units (RSUs) to Tony Kalajian, who was appointed as the new Chief Accounting Officer.\n\nAdditionally, 150,043 RSUs were granted to one new non-executive employee under the 2026 Inducement Plan.\n\nThe grants are part of the standard inducement process for new hires, vesting over a four-year period with 25% vesting on the first anniversary of the start date and the remainder vesting monthly or quarterly thereafter.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Standard inducement grants for new hires -- low material impact."},"keyFigures":{"sharesOffered":237718,"customDimensions":{"rsus_granted_to_cao":180051,"rsus_granted_to_non_executive":150043}},"quotedText":"","namedEntities":{"people":[{"name":"Tony Kalajian","role":"Chief Accounting Officer"}],"products":[],"companies":[{"name":"Beyond Meat, Inc.","ticker":"BYND","relationship":"issuer"}],"dollarAmounts":[]},"materialImpact":{"score":2,"reasoning":"The grants are standard inducements for new hires, including a new Chief Accounting Officer. While significant for the individuals, they do not represent a material change for the company."},"tickerRelevance":{"others":[],"primary":"BYND"},"globalImportance":25,"audienceRelevance":35,"eventTypeSecondary":["board_change"],"importanceComponents":{"tickerTier":"mid-cap","eventGravity":"standard inducement grants","issuerAuthored":true}},"event_type":"executive_change","event_type_secondary":["board_change"],"sentiment":"neutral","material_impact_score":2,"narrative":"Beyond Meat, Inc. granted an option to purchase 237,718 shares and 180,051 restricted stock units (RSUs) to Tony Kalajian, who was appointed as the new Chief Accounting Officer.\n\nAdditionally, 150,043 RSUs were granted to one new non-executive employee under the 2026 Inducement Plan.\n\nThe grants are part of the standard inducement process for new hires, vesting over a four-year period with 25% vesting on the first anniversary of the start date and the remainder vesting monthly or quarterly thereafter.","key_figures":{"sharesOffered":237718,"customDimensions":{"rsus_granted_to_cao":180051,"rsus_granted_to_non_executive":150043}},"named_entities":{"people":[{"name":"Tony Kalajian","role":"Chief Accounting Officer"}],"products":[],"companies":[{"name":"Beyond Meat, Inc.","ticker":"BYND","relationship":"issuer"}],"dollarAmounts":[]},"model_name":"Qwen/Qwen2.5-72B-Instruct-AWQ","prompt_hash":"sha256:a76fb3b19e8e8b7b","schema_hash":"sha256:8658c370b800cf3d","created_at":"2026-05-11T21:14:01.683Z","global_importance":25,"audience_relevance":35,"importance_components":{"tickerTier":"mid-cap","eventGravity":"standard inducement grants","issuerAuthored":true}},"durationMs":70284,"modelName":"george-droid-qwen-72b"}}