Form 4: Beachbody Company COO Kathy Vrabeck Reports Stock Disposal
SEC Form 4 Filing
Kathy Vrabeck, Chief Operating Officer of Beachbody Company, reports the disposal of 6,327 shares of Class A Common Stock to cover tax obligations.
Summary
- Kathy Vrabeck, the Chief Operating Officer of Beachbody Company, Inc. [BODI], filed a Form 4 on March 19, 2025.
- The form reports a transaction that occurred on March 17, 2025, where 6,327 shares of Class A Common Stock were disposed of at a price of $6.88.
- This disposal was likely to cover tax obligations related to vesting of stock or option exercise.
- Following the transaction, Vrabeck directly owns 80,055 shares of Class A Common Stock, inclusive of ESPP shares acquired since the last filing.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, and the transaction appears to be routine. Therefore, the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The sale of shares by an executive can be interpreted in various ways, but in this case, it appears to be related to covering tax obligations.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders, as it is a routine disposal of shares by an executive.
Key Dates
| Date | Description |
|---|---|
| 03/17/2025 | Date of stock disposal transaction. |
| 03/19/2025 | Date of Form 4 filing. |
Keywords
Form 4, BODI, Beachbody Company, Vrabeck, Stock Disposal, Insider Trading, COO, Class A Common Stock
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