BARK Insider Michael Black Receives 200,000 RSUs; Vesting Over Four Years

Rhea-AI Filing Summary

BARK insider Michael Scott Black was granted 200,000 restricted stock units (RSUs) that convert to one share per RSU. After the grant he beneficially owns 1,341,855 shares. The RSUs vest over four years: 25% at the one-year anniversary of the vesting commencement date and the remainder in substantially equal quarterly installments over the next 12 quarters, subject to continued service and acceleration upon certain events. The reported transaction date is 08/20/2025.

Positive

• 200,000 RSU grant increases insider ownership and aligns executive incentives with shareholders
• Transparent vesting schedule: 25% at one year then quarterly over 12 quarters, providing a multi-year retention mechanism
• Beneficial ownership reported as 1,341,855 shares, enhancing disclosure for investors

Negative

• None.

Insights

Financial Analyst

TL;DR: Executive received a sizable equity grant that increases alignment with shareholders while diluting existing equity over time.

The grant of 200,000 RSUs is a material compensation event for an executive with 1,341,855 shares beneficially owned post-grant. The four-year vesting schedule with a one-year cliff is standard and ties remuneration to future service and performance windows. From an investor standpoint this is a routine retention/compensation action; it increases potential share count only as RSUs convert to common stock upon vesting. No cash price was paid for the award according to the filing.

Corporate Governance Expert

TL;DR: Typical executive equity award with standard vesting and acceleration provisions; governance implications depend on plan terms not disclosed here.

The disclosure shows RSUs with time-based vesting and acceleration on certain events but does not include performance conditions, grant agreement specifics, or vesting commencement date. Those missing details limit assessment of retention effectiveness and potential accelerated dilution triggers. The filing documents beneficial ownership after the grant, improving transparency about insider holdings.

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
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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^*

Black Michael Scott

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Revenue Officer

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(1)		200,000	A	$0	1,341,855	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 vest over a four (4) year period, with 25% vesting on the one year anniversary of the vesting commencement date, and the remaining portion vesting in substantially equal quarterly installments over the next 12 quarters subject to the reporting persons continuous service as of each vesting date and subject to acceleration upon certain events.

Remarks:

	/s/ Allison Koehler, Attorney in Fact for Michael Black	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 did Michael Scott Black receive according to the Form 4 for BARK?

The Form 4 reports a grant of 200,000 restricted stock units (RSUs) that convert to one share each upon vesting.

How many BARK shares does Michael Black beneficially own after the transaction?

The filing shows 1,341,855 shares beneficially owned following the reported transaction.

What is the vesting schedule for the RSUs granted to the reporting person?

The RSUs vest over four years with 25% vesting at the one-year anniversary and the remainder vesting in substantially equal quarterly installments over the next 12 quarters, subject to continued service and certain acceleration events.

Was any purchase price paid for the RSUs in the Form 4?

The transaction is reported with a price of $0, consistent with a grant of RSUs rather than a cash purchase.

What is the transaction date reported on the Form 4?

The reported transaction date is 08/20/2025.