Beyond Meat, Inc. filed a current report on August 10, 2026, disclosing that it entered into a Second Supplemental Indenture amending its 7.00% Convertible Senior Secured Second Lien PIK Toggle Notes due 2030 indenture.

Key Highlights

  • New agreement dated August 10, 2026: Beyond Meat entered into the Second Supplemental Indenture with Wilmington Trust, National Association, as trustee and collateral agent.
  • Restriction removed: The amendment removes certain restrictions under Section 4.19 of the 2030 Notes Indenture on the company's ability to repurchase or exchange its 0% Convertible Senior Notes due 2027 for cash and/or equity consideration.
  • Make-whole period extended: The end date of the make-whole period used for calculating the interest make-whole adjustment on 2030 Notes conversions is extended from October 15, 2028 to January 15, 2029.
  • Underlying notes: The 2030 Notes Indenture, originally dated October 15, 2025 and first supplemented January 12, 2026, governs the company's 7.00% Convertible Senior Secured Second Lien PIK Toggle Notes due 2030.
  • Signed by CFO: The filing was signed by Lubi Kutua, Chief Financial Officer and Treasurer of Beyond Meat, Inc.

Beyond Meat Modifies Convertible Notes Indenture with Two Key Changes

According to the filing, Beyond Meat, Inc. (NASDAQ: BYND) entered into the Second Supplemental Indenture on August 10, 2026, with Wilmington Trust, National Association serving as both trustee and collateral agent. The amendment applies to the 2030 Notes Indenture, which was originally established on October 15, 2025, and previously supplemented by a First Supplemental Indenture dated January 12, 2026. That indenture governs the company's 7.00% Convertible Senior Secured Second Lien PIK Toggle Notes due 2030, referred to in the filing as the "2030 Notes."

The filing disclosed two specific changes made by the Second Supplemental Indenture. First, it amends Section 4.19 of the 2030 Notes Indenture to remove certain restrictions on the company's ability to repurchase or exchange its outstanding 0% Convertible Senior Notes due 2027, referred to as the "2027 Notes," for cash and/or equity consideration. Second, it amends Section 14.03 of the 2030 Notes Indenture to extend the end date of the make-whole period used for calculating the interest make-whole adjustment that applies to conversions of 2030 Notes. That end date moves from October 15, 2028 to January 15, 2029, according to the filing.

The filing noted that "the foregoing description of the Second Supplemental Indenture does not purport to be complete and is qualified in its entirety by reference to the full text of the Second Supplemental Indenture," which was filed as Exhibit 10.1 to the current report. The filing also stated that it "does not constitute an offer to sell, or the solicitation of an offer to buy, any securities."

What Was Disclosed

Beyond Meat disclosed it amended its 2030 Notes Indenture on August 10, 2026, removing restrictions on 2027 Notes repurchases or exchanges and extending the make-whole period end date from October 15, 2028 to January 15, 2029.