Form 4: Beachbody Interim CFO Ramberg Reports Stock Transactions

Beachbody Company's Interim CFO, Bradley Ramberg, reported the acquisition of 52,083 restricted stock units and the disposition of 4,911 shares for tax purposes.

Summary

• Bradley Ramberg, Interim Chief Financial Officer of The Beachbody Company, Inc. (BODI), reported transactions involving the company's Class A Common Stock.
• On March 15, 2026, Ramberg acquired 52,083 shares of Class A Common Stock through a grant of Restricted Stock Units (RSUs) at a price of $0.
• These RSUs convert into Class A Common Stock on a one-for-one basis and are scheduled to vest in 25% increments annually over four years, contingent on continued employment.
• Concurrently, on March 15, 2026, Ramberg disposed of 4,911 shares of Class A Common Stock at a price of $10.56 per share, likely for tax withholding purposes related to RSU vesting.
• Following these transactions, Ramberg's direct beneficial ownership of Class A Common Stock stands at 151,210 shares.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a routine and slightly positive event, reflecting standard executive compensation practices and a commitment to retaining key management through long-term equity incentives.

Positives

• The grant of 52,083 Restricted Stock Units (RSUs) to the Interim CFO indicates continued equity-based compensation and aligns management's interests with shareholders.
• The four-year vesting schedule encourages long-term retention and performance from a key executive.

Negatives

• The disposition of 4,911 shares, while likely for tax withholding, represents a reduction in direct beneficial ownership.

Risks

• The vesting of RSUs is subject to continued employment, meaning the executive would forfeit unvested shares if employment ceases.

Future Outlook

The Restricted Stock Units granted to the Interim CFO are structured to vest in 25% increments annually over the next four years, contingent on continued employment, indicating a future commitment to the company.

Management Comments

• Bradley Ramberg holds the position of Interim Chief Financial Officer.

Industry Context

StockSavvy.ai notes that equity grants to key executives like an Interim CFO are a standard practice across industries to align management incentives with shareholder value and promote long-term retention. The specific terms, such as the four-year vesting schedule, are typical for such compensation structures in the technology and wellness sectors.

Comparison to Industry Standards

• Equity compensation for executive roles, particularly in growth-oriented companies like Beachbody, is a common practice, comparable to grants seen at companies such as Peloton Interactive, Inc. or WW International, Inc.
• The four-year annual vesting schedule is a standard industry practice for restricted stock units, similar to those observed in executive compensation packages across a broad range of publicly traded companies.
• The disposition of shares at $10.56 for tax withholding is a routine event following RSU vesting, consistent with practices at most companies where equity compensation is a significant component of executive pay.

Stakeholder Impact

• Shareholders: The grant of RSUs aligns the Interim CFO's interests with shareholders, potentially encouraging long-term value creation. The disposition for tax purposes is a routine event and has minimal impact.
• Employees: The equity compensation structure for a key executive may serve as a benchmark or incentive model for other employees.

Next Steps

• The RSUs will vest in 25% increments on the first four anniversaries of the grant date (March 15, 2026), subject to continued employment.

Key Dates

Recommendation

The filing details routine executive compensation and tax-related transactions, which do not provide new fundamental information to warrant a change in investment recommendation. The RSU grant aligns executive incentives, but the overall impact on the company's valuation or strategic direction is neutral.

Keywords

Beachbody Company, BODI, Form 4, Insider Trading, Restricted Stock Units, RSU Grant, Stock Compensation, Bradley Ramberg, Interim CFO, Equity Compensation