Beachbody director granted 9,182 deferred stock units
Salter John S. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Salter John S. reported acquisition or exercise transactions in this Form 4 filing.
Beachbody Company, Inc. director John S. Salter received a grant of 9,182 deferred restricted stock units as part of his director compensation. These units reference the company’s Class A common stock and were awarded at no cash cost to Salter.
The units will vest on the earlier of the first anniversary of the grant date or the next annual shareholder meeting, assuming he continues to serve as a director. Payment will be made in cash or stock, at the company’s election, within 45 days after his separation from service, death, disability, or a change in control, and the units have no expiration date.
Positive
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Insider Trade Summary
Grant/Award: 9,182 shares
Grant/Award
1 txn
Insider
Salter John S.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Restricted Stock Units | 9,182 | $0.00 | $0.00 |
Holdings After Transaction:
Deferred Restricted Stock Units — 9,182 contracts (Direct)
Footnotes (1)
- F1. Represents restricted stock units that have been deferred under our director Deferred Compensation Plan ("DSUs"). Payment of such DSUs (i) may be made in whole or in part in cash at the election of the Issuer, and (ii) shall occur within 45 days following the earliest to occur of the director's separation from service, death, disability or a change in control. The DSUs vest on the earlier to occur of (i) the first anniversary of the grant date and (ii) the date of the next annual meeting following the grant date, subject to continued service with the Company through such date. There is no expiration date for the DSUs.
Key Figures
Deferred RSUs granted: 9,182 units
Grant price per unit: $0.00 per unit
Underlying Class A shares: 9,182 shares
+1 more
4 metrics
Deferred RSUs granted
9,182 units
Grant to director John S. Salter on June 2, 2026
Grant price per unit
$0.00 per unit
Deferred restricted stock unit award
Underlying Class A shares
9,182 shares
Underlying security for the deferred restricted stock units
Total deferred RSUs after grant
9,182 units
Holdings following this transaction
Key Terms
Deferred Restricted Stock Units, Deferred Compensation Plan, Class A Common Stock, change in control
4 terms
Deferred Restricted Stock Units financial
"Represents restricted stock units that have been deferred under our director Deferred Compensation Plan ("DSUs")."
Deferred restricted stock units are promises by a company to give employees or executives company shares at a future date, subject to conditions like continued employment or performance targets; the delivery and tax event are intentionally delayed. They matter to investors because they affect when new shares may be issued and how executives are motivated—like a paycheck held in escrow that vests over time, influencing potential share dilution and management behavior.
Deferred Compensation Plan financial
"Represents restricted stock units that have been deferred under our director Deferred Compensation Plan ("DSUs")."
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
Class A Common Stock financial
"underlying_security_title: "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
change in control financial
"shall occur within 45 days following the earliest to occur of the director's separation from service, death, disability or a change in control."
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
FAQ
What insider transaction did Beachbody (BODI) report for John S. Salter?
Beachbody reported that director John S. Salter received 9,182 deferred restricted stock units as a compensation grant. These units are tied to Class A common stock and involve no cash purchase, reflecting equity-based pay rather than an open-market transaction.
How many Beachbody (BODI) units did John S. Salter acquire in this Form 4?
John S. Salter acquired 9,182 deferred restricted stock units in this filing. Each unit represents a right tied to Class A common stock, awarded at a price of $0.00 per unit as part of Beachbody’s director compensation program.
When do John S. Salter’s deferred restricted stock units in Beachbody (BODI) vest?
The deferred restricted stock units vest on the earlier of the first anniversary of the grant date or the next annual shareholder meeting. Vesting is contingent on Salter’s continued service as a director with Beachbody through the applicable vesting date.
How and when will Beachbody (BODI) pay John S. Salter’s deferred stock units?
Payment for the deferred restricted stock units will occur within 45 days after the earliest of separation from service, death, disability, or a change in control. Beachbody may choose to settle the deferred units in cash, stock, or a combination, at its election.
Do John S. Salter’s Beachbody (BODI) deferred restricted stock units expire?
The filing states there is no expiration date for the deferred restricted stock units. Once granted and vested, they remain outstanding until a payment event such as separation from service, death, disability, or a change in control triggers settlement.
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