Form 4: Director John S. Salter Receives BODI Stock Units
Statement of Changes in Beneficial Ownership
Director John S. Salter was granted 9,182 deferred restricted stock units by The Beachbody Company, Inc.
Summary
- Director John S. Salter acquired 9,182 deferred restricted stock units (DSUs) on June 2, 2026.
- The grant was made under the company's director Deferred Compensation Plan.
- The units vest on the earlier of the first anniversary of the grant date or the date of the next annual meeting.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial health.
Positives
- Alignment of director interests with shareholders through equity-based compensation.
Negatives
- None identified in this filing.
Risks
- Vesting is subject to the director's continued service with the company.
Future Outlook
The DSUs will vest on the earlier of the first anniversary of the grant date or the date of the next annual meeting, subject to continued service.
Industry Context
StockSavvy.ai notes that director equity grants are standard corporate governance practices designed to align board member incentives with long-term shareholder value, particularly in the consumer health and fitness sector.
Comparison to Industry Standards
- The use of deferred restricted stock units for director compensation is consistent with standard practices for publicly traded companies of similar size.
- The vesting schedule aligns with typical annual director compensation cycles.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Director Compensation | Grant of deferred restricted stock units under the director Deferred Compensation Plan. | 06/02/2026 | Standard alignment of director compensation with equity performance. |
Stakeholder Impact
- Minimal impact on shareholders as this is a standard equity grant to a director.
Next Steps
- Vesting of the 9,182 units on the earlier of the first anniversary of the grant or the next annual meeting.
Key Dates
| Date | Description |
|---|---|
| 06/02/2026 | Date of the transaction involving the grant of deferred restricted stock units. |
| 06/04/2026 | Date the Form 4 was signed and filed. |
Keywords
BODI, Beachbody, Form 4, Insider Trading, Director Compensation, Equity Grant
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