[Form 4] BARK, Inc. Insider Trading Activity
Larry E. Bodner, a director of Bark, Inc. (BARK), was granted 185,139 restricted stock units (RSUs) on 08/20/2025, each representing a contingent right to one share of common stock. After the grant, Mr. Bodner beneficially owns 656,913 shares of Bark common stock. The RSUs carry a service-based vesting condition that will vest 100% on the first anniversary of the grant date, or, at Mr. Bodner's sole discretion, on a later date if he ceases to serve as a director.
This Form 4 reports a non-cash equity award to an insider rather than an open-market trade, increasing insider alignment with shareholders through equity ownership while remaining subject to a time- and service-based restriction.
- Alignment with shareholders: Grant increases insider ownership to 656,913 shares, tying director compensation to company equity performance
 - Retention-focused vesting: RSUs vest 100% after one year, which supports continuity on the board
 
- No immediate liquidity: RSUs are subject to a service-based vesting condition and do not convert to shares until vested
 - Potential dilution upon vesting: Conversion of 185,139 RSUs to common stock will increase outstanding shares when vested
 
Insights
TL;DR: Director awarded 185,139 RSUs, raising beneficial ownership to 656,913 shares; vesting is service-based and cliffs after one year.
The award is a standard director compensation mechanism aligning management and board incentives with shareholders without immediate dilution because the RSUs convert to shares upon vesting. The size of the grant is meaningful relative to the insider's post-grant stake, increasing his reported beneficial ownership. This is a disclosure of compensation, not a liquidity event.
TL;DR: Routine equity-based director compensation with a one-year service cliff; no sale or exercise activity reported.
The RSU grant contains a clear service-based vesting schedule that vests 100% after one year or upon a later director termination at the holder's discretion, which suggests retention-focused design. As a governance disclosure, it signals alignment but does not indicate change in control, executive departure, or unusual compensation terms based on the information provided.