Form 4: Bark Inc. VP Accounting, Controller, Brian Dostie, Reports Tax Withholding Transaction
SEC Form 4 Filing
Brian Dostie, VP Accounting, Controller at Bark Inc., reports the withholding of 1,330 common stock shares to cover tax obligations related to a restricted stock unit vesting.
Summary
- On November 10, 2024, Brian Dostie, VP Accounting, Controller at Bark Inc., had 1,330 shares of common stock withheld by the issuer to satisfy tax obligations.
- The withholding occurred in connection with a vesting and settlement event from a Restricted Stock Units award.
- The price per share for the withholding was $1.42.
- Following the transaction, Dostie directly owns 212,558 shares of Bark Inc. common stock.
Sentiment
Score: 5
Explanation: The document describes a routine transaction related to tax obligations, which is neutral in sentiment.
Industry Context
This is a routine transaction related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard tax withholding procedure.
Key Dates
| Date | Description |
|---|---|
| 11/10/2024 | Date of the transaction where 1,330 shares were withheld for tax obligations. |
| 11/12/2024 | Date of signature on the Form 4 filing. |
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