Bark CRO granted 50,000 RSUs in stock award
Bark, Inc. Chief Revenue Officer Michael Scott Black received an equity award in the form of restricted stock units.
Rhea-AI Filing Summary
Bark, Inc. Chief Revenue Officer Michael Scott Black received an equity award in the form of restricted stock units. The grant covers 50,000 shares of Common Stock, awarded as a compensation-related acquisition rather than an open-market purchase or sale.
According to the vesting terms, 25% of the RSUs vest on the one-year anniversary of July 10, 2026, with the remaining units vesting in substantially equal quarterly installments over the following 12 quarters of continuous service, subject to possible acceleration upon certain events. After this grant, Black directly holds 122,314 shares of Common Stock as reported in the filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 50,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. The Reporting Person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of Common Stock for each RSU. The RSUs vest over a four (4) year period, with 25% vesting on the one year anniversary of July 10, 2026, and the remaining portion vesting in substantially equal quarterly installments over the next 12 quarters of continuous service, subject to acceleration upon certain events.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
contingent right financial
vest financial
continuous service financial
acceleration financial
FAQ
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