Form 4: Bark Inc. Chief Revenue Officer Reports Stock Transactions
SEC Form 4 Filing
Michael Black, Chief Revenue Officer of Bark Inc., reports acquisition of restricted stock units and disposition of shares to cover tax obligations.
Summary
- Michael Black, the Chief Revenue Officer of Bark, Inc., filed a Form 4 detailing changes in beneficial ownership.
- On May 15, 2025, Black acquired 27,016 shares of Common Stock through restricted stock units (RSUs) at a price of $0.
- These RSUs vest immediately on May 16, 2025, and represent a contingent right to receive one share of Common Stock for each RSU.
- On May 16, 2025, Black disposed of 7,822 shares of Common Stock at a price of $1.28 to satisfy tax withholding obligations related to the vesting of the RSUs.
- Following these transactions, Black beneficially owns 719,842 shares of Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common practice and required by the SEC to ensure transparency and prevent insider trading.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they primarily reflect internal compensation adjustments and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Reporting Person was granted restricted stock units (RSUs) |
| 05/16/2025 | Shares withheld to satisfy tax withholding obligations |
| 05/16/2025 | Vesting commencement date of RSUs |
| 05/19/2025 | Date of signature for the report |
Keywords
Form 4, Beneficial Ownership, Michael Black, Bark Inc., Stock Transactions, RSUs, Chief Revenue Officer
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