Form 4: Director Kevin Mayer Receives RSU Grant at Beachbody
Statement of Changes in Beneficial Ownership
Director Kevin A. Mayer was granted 9,182 restricted stock units in The Beachbody Company, Inc. as part of his compensation.
Summary
- Director Kevin A. Mayer acquired 9,182 restricted stock units (RSUs) of Class A Common Stock.
- The transaction occurred on June 2, 2026.
- The RSUs were granted at a price of $0 per share.
- Following this transaction, the reporting person's total beneficial ownership is 48,747 shares.
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 outlook.
Positives
- Alignment of director interests with shareholders through equity-based compensation.
Negatives
- None identified.
Risks
- Vesting is subject to continued service with the company.
Future Outlook
The RSUs vest on the earlier of the first anniversary of the grant date or the date of the next annual meeting, contingent upon continued service.
Industry Context
StockSavvy.ai notes that equity grants to non-employee directors are standard corporate governance practice to ensure long-term alignment between board members and shareholders in the health and fitness technology sector.
Comparison to Industry Standards
- The grant of RSUs to directors is consistent with standard compensation practices for publicly traded companies of similar market capitalization.
- The vesting schedule aligns with typical one-year director equity retention cycles observed in the consumer discretionary industry.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard director compensation event.
Next Steps
- Vesting of the 9,182 RSUs on the earlier of the first anniversary or the next annual meeting.
Key Dates
| Date | Description |
|---|---|
| 06/02/2026 | Date of the RSU grant transaction. |
| 06/04/2026 | Date the Form 4 was filed with the SEC. |
Keywords
Beachbody, BODI, Director, Insider Trading, Equity Compensation, Form 4
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