Bark (BARK) CRO Michael Scott Black settles RSU taxes with 2,243 withheld shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bark, Inc. Chief Revenue Officer Michael Scott Black reported a routine tax-related share disposition. The company withheld 2,243 shares of common stock at an indicated value of $9.05 per share to cover tax obligations from a Restricted Stock Units vesting event. After this non-open-market transaction, Black directly holds 62,978 shares of Bark common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Black Michael Scott
Role
Chief Revenue Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,243 | $9.05 | $20K |
Holdings After Transaction:
Common Stock — 62,978 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 2,243 shares
Per-share transaction value: $9.05 per share
Shares held after transaction: 62,978 shares
3 metrics
Shares withheld for taxes
2,243 shares
Tax-withholding disposition from RSU vesting
Per-share transaction value
$9.05 per share
Value used for withheld Bark common shares
Shares held after transaction
62,978 shares
Direct holdings of Bark common stock after disposition
Key Terms
Restricted Stock Units, tax withholding obligations, Form 4, non-derivative
4 terms
Restricted Stock Units financial
"a vesting and settlement event from a Restricted Stock Units award"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"to satisfy tax withholding obligations that arose in connection with a vesting"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
non-derivative financial
"transaction_type: "non-derivative""
FAQ
What insider transaction did Bark (BARK) report for Michael Scott Black?
Bark reported that Chief Revenue Officer Michael Scott Black had 2,243 shares withheld to cover taxes from a Restricted Stock Units vesting. This was a non-open-market disposition, meaning it was an administrative tax event rather than a discretionary stock sale.