Beachbody officer receives 52,083 RSUs in stock grant
Beachbody Company, Inc. officer Bradley Ramberg received an equity grant in the form of 52,083 restricted stock units that convert into Class A Common Stock on a one-for-one basis.
Rhea-AI Filing Summary
Beachbody Company, Inc. officer Bradley Ramberg received an equity grant in the form of 52,083 restricted stock units that convert into Class A Common Stock on a one-for-one basis. The RSUs vest 25% per year on each of the first four anniversaries of the grant date, conditioned on continued employment.
On the same date, 4,911 shares of Class A Common Stock were disposed of at $10.56 per share to satisfy tax obligations by delivering securities. After these transactions, Ramberg directly owned 151,210 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | CLASS A COMMON STOCK | 52,083 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | CLASS A COMMON STOCK | 4,911 | $10.56 | $52K |
Footnotes (1)
- F1. Represents a grant of restricted stock units ("RSUs"), which convert into shares of Class A Common Stock on a one-for-one basis. The RSUs vest in increments of 25% per year on the first four anniversaries of the RSU grant date, subject to continued employment with the Company through the vest date.
FAQ
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What insider transaction did Bradley Ramberg report for Beachbody (BODI)?
What are the vesting terms of Bradley Ramberg’s RSU grant at Beachbody (BODI)?
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