Form 4: Bark Inc. Chief Legal Officer Koehler Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Allison Koehler, Chief Legal Officer of Bark Inc., reports disposing of 2,150 shares of common stock to cover tax withholding obligations related to a restricted stock unit vesting event on August 15, 2024.
Summary
- On August 15, 2024, Allison Koehler, the Chief Legal Officer of Bark Inc., disposed of 2,150 shares of common stock.
- The disposal was not an open market sale but was instead to cover tax withholding obligations arising from the vesting and settlement of a Restricted Stock Units (RSU) award.
- The price per share was $1.64.
- Following the transaction, Koehler beneficially owns 381,782 shares of Bark Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, ensuring transparency and compliance with securities regulations.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 08/15/2024 | Date of transaction: Disposal of shares to cover tax obligations. |
| 08/19/2024 | Date of signature on the Form 4 filing. |
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