[Form 4] Bark, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bark, Inc. Chief Revenue Officer Michael Scott Black reported a Form 4 transaction reflecting a tax-withholding disposition of 156 shares of common stock at $9.60 per share. The issuer withheld these shares to cover tax obligations from a restricted stock unit vesting, which was not an open-market sale. After this event, Black holds 122,158 shares of Bark common stock directly.
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 | 156 | $9.60 | $1K |
Holdings After Transaction:
Common Stock — 122,158 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 156 shares
Transaction price per share: $9.60
Shares owned after transaction: 122,158 shares
3 metrics
Shares withheld for taxes
156 shares
Common stock withheld in tax-withholding disposition tied to RSU vesting
Transaction price per share
$9.60
Value per share used for the 156-share tax-withholding disposition
Shares owned after transaction
122,158 shares
Direct holdings of Michael Scott Black following the tax-withholding event
Key Terms
tax withholding obligations, restricted stock unit award, open market sale, tax-withholding disposition
4 terms
tax withholding obligations financial
"to satisfy tax withholding obligations that arose in connection with a vesting"
restricted stock unit award financial
"that arose in connection with a vesting and settlement event from a restricted stock unit award"
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
open market sale financial
"Not an open market sale of securities"
An open market sale is when a company or a shareholder sells shares through the regular stock market to any willing buyer, using ordinary exchange trading rather than private deals. It matters to investors because it increases the number of shares available and can push the price down or change ownership balance—think of it like someone putting extra items on a supermarket shelf for any shopper to buy, which can lower the item's price if supply suddenly grows.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transaction did Bark, Inc. (BARK) report for Michael Scott Black?
Bark, Inc. reported that Chief Revenue Officer Michael Scott Black had 156 shares of common stock withheld at $9.60 per share to satisfy tax obligations from a restricted stock unit vesting, classified as a tax-withholding disposition rather than an open-market sale.
Was the Bark, Inc. (BARK) Form 4 transaction an open-market sale?
No. The filing states the 156 shares were withheld by the issuer to satisfy tax withholding obligations from a restricted stock unit vesting and settlement event, explicitly noting it was not an open market sale of securities.
What role does Michael Scott Black hold at Bark, Inc. (BARK) in this Form 4?
Michael Scott Black is identified as the Chief Revenue Officer of Bark, Inc. in the Form 4. The reported transaction reflects a tax-withholding disposition tied to his restricted stock unit compensation.
What triggered the tax withholding reported in Bark, Inc. (BARK)’s Form 4?
The tax withholding arose from a vesting and settlement event of a restricted stock unit award. To satisfy related tax withholding obligations, Bark, Inc. withheld 156 shares of common stock from Michael Scott Black.