Michael Black RSU Tax-Withholding Reduces BARK Shares to 1.34M
Rhea-AI Filing Summary
Michael Black, Chief Revenue Officer and director-level officer at Bark, Inc. (BARK), reported a non-market withholding of 3,110 common shares on 09/10/2025 to satisfy tax obligations from a vesting and settlement of Restricted Stock Units (RSUs). The withheld shares were priced at $0.86 per share for withholding purposes.
Following the withholding, Mr. Black beneficially owns 1,338,745 shares. The filing was submitted on 09/11/2025 and signed by an attorney-in-fact, confirming the transaction was not an open-market sale but an administrative tax-withholding action related to RSU vesting.
Positive
- Transaction was a tax-withholding related to RSU vesting, not an open-market sale
- Reporting retained majority ownership with 1,338,745 shares beneficially owned after the withholding
Negative
- None.
Insights
TL;DR: Routine insider tax-withholding after RSU vesting; no open-market disposition.
The Form 4 discloses an administrative withholding of 3,110 shares at $0.86 tied to an RSU settlement on 09/10/2025. This reduces the reporting person's beneficially owned shares to 1,338,745. Because the shares were withheld to satisfy tax obligations rather than sold, there is no direct market liquidity impact or revealed change in trading intent.
TL;DR: Governance disclosure consistent and timely; signature by attorney-in-fact is properly noted.
The filing identifies Michael Black as Chief Revenue Officer and indicates the transaction was documented and signed by an attorney-in-fact on 09/11/2025. The description clearly states the shares were withheld for taxes following RSU vesting, which is a common, non-substantive ownership change for insiders.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,110 | $0.86 | $3K |
Footnotes (1)
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