Form 4: Director Michael Heller Receives BODI Equity Grant

The Beachbody Company, Inc. director Michael Heller was granted 9,182 deferred restricted stock units as part of the company's director compensation plan.

Summary

• Director Michael Heller acquired 9,182 deferred restricted stock units (DSUs) on June 2, 2026.
• The DSUs were granted 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.
• Payment of the DSUs occurs upon separation from service, death, disability, or a change in control.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on the company's financial position.

Positives

• Alignment of director interests with long-term shareholder value through equity-based compensation.

Negatives

• None identified.

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, provided the director remains in service.

Industry Context

StockSavvy.ai notes that equity grants to directors are standard corporate governance practice to ensure board members maintain a vested interest in the company's long-term performance.

Comparison to Industry Standards

• The use of deferred restricted stock units for director compensation is consistent with standard practices for publicly traded companies in the health and wellness sector.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard director compensation event.

Next Steps

• Vesting of the 9,182 DSUs on the earlier of the first anniversary of the grant or the next annual meeting.

Key Dates

Keywords

BODI, Beachbody, Form 4, Insider Transaction, Equity Compensation, Director Compensation