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[Form 4] BARK, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

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.

Positive
  • 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
Negative
  • 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.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
BODNER LARRY E

(Last) (First) (Middle)
C/O BARK, INC.
120 BROADWAY, 12TH FLOOR

(Street)
NEW YORK NY 10271

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Bark, Inc. [ BARK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/20/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/20/2025 A 185,139(1) A $0 656,913 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 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 are subject to a service-based vesting requirement, which shall vest 100% on the first year anniversary of the date of grant, or, at the Reporting Person's sole discretion, such later date on which the Reporting Person ceases to serve as a director of Issuer.
Remarks:
/s/ Allison Koehler, Attorney in Fact for Larry Bodner 08/22/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Larry Bodner report on Form 4 for BARK?

The Form 4 reports a grant of 185,139 restricted stock units (RSUs) to Larry Bodner as a director of Bark, Inc.

How many shares does Larry Bodner beneficially own after the RSU grant?

Following the reported transaction, Mr. Bodner beneficially owns 656,913 shares of Bark common stock.

When do the RSUs vest for Larry Bodner?

The RSUs are subject to a service-based vesting requirement that vests 100% on the first anniversary of the grant, or at a later date if he ceases to serve as a director, at his sole discretion.

Was this Form 4 reporting a purchase, sale, or grant?

This Form 4 reports a grant of RSUs (non-derivative equity award), not an open-market purchase or sale.

Does the Form 4 show any exercises or derivative transactions by Mr. Bodner?

No. Table II for derivative securities shows no exercises or derivative transactions reported in this filing.
Bark Inc

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154.22M
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31.03%
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6.21%
Specialty Retail
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United States
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