Form 4: Bark Inc. Chief Legal Officer Reports Tax Withholding Share Disposal
SEC Form 4 Filing
Allison Koehler, Chief Legal Officer of Bark Inc., reports the disposal of shares to cover tax obligations related to a restricted stock unit vesting.
Summary
- On November 10, 2024, Allison Koehler, the Chief Legal Officer of Bark Inc., disposed of 3,675 shares of common stock to satisfy tax withholding obligations.
- The shares were withheld by the issuer at a price of $1.42 per share.
- Following the transaction, Koehler directly owns 373,869 shares of Bark Inc. common stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations, and does not indicate any positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a standard tax withholding procedure related to equity compensation.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for tax withholding.
Key Dates
| Date | Description |
|---|---|
| 11/10/2024 | Date of transaction: Disposal of shares for tax withholding. |
| 11/12/2024 | Date of signature on the Form 4 filing. |
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