Form 4: Bark Inc. Chief Legal Officer Allison Koehler Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Allison Koehler, Chief Legal Officer of Bark Inc., disposed of 2,192 shares of common stock on June 15, 2024, to cover tax withholding obligations related to a restricted stock unit vesting event.
Summary
- On June 15, 2024, Allison Koehler, the Chief Legal Officer of Bark Inc., disposed of 2,192 shares of the company's common stock.
- The transaction was executed to satisfy tax withholding obligations arising from the vesting and settlement of a Restricted Stock Units (RSU) award.
- The shares were disposed of at a price of $1.34 per share.
- Following the transaction, Koehler directly owns 399,990 shares of Bark Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction related to tax obligations from vested equity compensation.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations from vested equity compensation, a common occurrence.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small number of shares disposed of by an officer to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 06/15/2024 | Date of stock disposal transaction. |
| 06/18/2024 | Date of Form 4 filing. |
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