Form 4: Bark Inc. Chief Legal Officer Allison Koehler Reports Stock Disposal for Tax Obligations
SEC Filing (Form 4)
Allison Koehler, Chief Legal Officer of Bark Inc., disposed of 2,517 shares of common stock on February 15, 2025, to cover tax withholding obligations related to a restricted stock unit vesting event.
Summary
- On February 18, 2025, Allison Koehler, the Chief Legal Officer of Bark Inc., filed a Form 4 with the SEC.
- The form reports a transaction that occurred on February 15, 2025, where 2,517 shares of Bark Inc. common stock were disposed of.
- This disposal was not an open market sale but was instead to satisfy tax withholding obligations arising from the vesting and settlement of a Restricted Stock Units (RSU) award.
- The price per share for the transaction was $1.97.
- Following the transaction, Koehler still beneficially owns 485,232 shares of Bark Inc. common stock directly.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard practice of covering tax obligations related to equity compensation.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/15/2025 | Date of stock disposal transaction. |
| 02/18/2025 | Date of Form 4 filing. |
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