Bark, Inc. (BARK) CRO receives 50,000 restricted stock units in new equity grant
Filing Impact
Filing Sentiment
Form Type
4
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
1 transaction reported
Mixed
1 txn
Insider
Black Michael Scott
Role
Chief Revenue Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 50,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 122,314 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 50,000 shares
Grant price per share: $0.00 per share
Post-grant holdings: 122,314 shares
+2 more
5 metrics
RSU grant size
50,000 shares
Restricted stock units tied to Common Stock
Grant price per share
$0.00 per share
Compensation-related equity award, not open-market purchase
Post-grant holdings
122,314 shares
Common Stock held directly after the transaction
Initial vesting
25%
Vests on one-year anniversary of July 10, 2026
Remaining vesting period
12 quarters
Substantially equal quarterly installments after initial vesting
Key Terms
restricted stock units ("RSUs"), contingent right, vest, continuous service, +1 more
5 terms
restricted stock units ("RSUs") financial
"The Reporting Person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
contingent right financial
"which represent a contingent right to receive one share of Common Stock for each RSU"
vest financial
"The RSUs vest over a four (4) year period, with 25% vesting on the one year anniversary"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
continuous service financial
"over the next 12 quarters of continuous service, subject to acceleration upon certain events"
acceleration financial
"the remaining portion vesting in substantially equal quarterly installments over the next 12 quarters of continuous service, subject to acceleration upon certain events"
FAQ
What insider transaction did Bark, Inc. (BARK) report for Michael Scott Black?
Bark, Inc. reported that Chief Revenue Officer Michael Scott Black received 50,000 restricted stock units. These RSUs are a compensation-related equity award, not an open-market stock purchase or sale, and increase his reported direct holdings to 122,314 shares of Common Stock.
What is the vesting schedule for Michael Scott Black’s Bark, Inc. RSUs?
The RSUs vest over four years, with 25% vesting on the one-year anniversary of July 10, 2026. The remaining units vest in substantially equal quarterly installments over the next 12 quarters of continuous service, with potential acceleration upon certain specified events.
Is Michael Scott Black’s Bark, Inc. RSU award an open-market stock purchase?
No, the RSU award is not an open-market purchase. It is a grant classified as a “grant, award, or other acquisition,” with a reported price of $0.00 per share, reflecting compensation rather than a cash stock transaction on the market.
What rights do Michael Scott Black’s Bark, Inc. RSUs represent?
The RSUs represent a contingent right to receive one share of Bark, Inc. Common Stock for each unit. Share delivery depends on the RSUs vesting over time, continued service conditions, and any acceleration provisions specified for certain qualifying events.