Bark (BARK) CRO reports 156-share tax withholding, holds 72,314 shares
Rhea-AI Filing Summary
Bark, Inc. Chief Revenue Officer Michael Scott Black reported a small tax-related share disposition. On the reported date, the issuer withheld 156 shares of common stock at $10.13 per share to cover tax obligations arising from a restricted stock unit vesting. This was not an open-market sale but an automatic tax-withholding transaction. After this event, Black directly held 72,314 common shares of Bark, Inc.
Positive
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Negative
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Insights
Routine tax withholding from RSU vesting with minimal signaling impact.
The filing shows Bark, Inc. Chief Revenue Officer Michael Scott Black had 156 common shares withheld at $10.13 per share to satisfy tax obligations from a restricted stock unit vesting. The footnote states this was not an open market sale.
Code F transactions are typically mechanical, reflecting required tax payments rather than a discretionary decision to sell stock. After the withholding, Black still directly holds 72,314 common shares, indicating this was a small adjustment within a larger existing position.
Because the transaction is tax-driven and explicitly described as “not an open market sale of securities,” it carries little informational value about management’s view of Bark, Inc.’s future prospects. Its main relevance is to keep investors updated on the executive’s current shareholdings.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 156 | $10.13 | $2K |
Footnotes (1)
- F1. The Issuer withheld the shares reported on this line to satisfy tax withholding obligations that arose in connection with a vesting and settlement event from a restricted stock unit award. Not an open market sale of securities.
Key Figures
Key Terms
restricted stock unit financial
tax withholding obligations financial
open market sale of securities financial
AI-generated analysis. How Rhea-AI works. Not financial advice.