Beachbody director granted 9,182 RSUs
Beachbody Company, Inc. director Kristin E. Frank received an equity grant in the form of restricted stock units.
Rhea-AI Filing Summary
Beachbody Company, Inc. director Kristin E. Frank received an equity grant in the form of restricted stock units. The award covers 9,182 RSUs, which convert into Class A Common Stock on a one-for-one basis and were granted at no cash cost.
After this grant, Frank holds 21,901 shares of Class A Common Stock reported as directly owned. The RSUs vest on the earlier of the first anniversary of the grant date or the next annual meeting, provided she continues her service with the company through that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 9,182 shares
Grant/Award
1 txn
Insider
Frank Kristin E.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 9,182 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 21,901 shares (Direct)
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 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.
Key Figures
RSU grant size: 9,182 RSUs
Grant price per share: $0.00 per share
Shares held after grant: 21,901 shares
3 metrics
RSU grant size
9,182 RSUs
Restricted stock units granted to Kristin E. Frank
Grant price per share
$0.00 per share
Stated transaction price for RSU award
Shares held after grant
21,901 shares
Class A Common Stock directly held after transaction
Key Terms
restricted stock units, Class A Common Stock, vest, annual meeting
4 terms
restricted stock units financial
"Represents a grant of restricted stock units ("RSUs") which convert into shares"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Class A Common Stock financial
"convert into shares of Class A Common Stock on a one-for-one basis"
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.
vest financial
"The RSUs vest on the earlier to occur of (i) the first anniversary"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
annual meeting financial
"and (ii) the date of the next annual meeting following the grant date"
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Beachbody (BODI) report for Kristin E. Frank?
Beachbody reported that director Kristin E. Frank received 9,182 restricted stock units. These RSUs are an equity compensation award that converts into Class A Common Stock on a one-for-one basis, increasing her directly reported holdings after the grant.
What are the vesting terms of Kristin E. Frank’s RSUs at Beachbody (BODI)?
The RSUs granted to Kristin E. Frank vest on the earlier of the first anniversary of the grant date or the next annual meeting date. Vesting is conditioned on her continued service with Beachbody through the applicable vesting date specified in the award terms.
What type of security was granted to Kristin E. Frank by Beachbody (BODI)?
Beachbody granted Kristin E. Frank restricted stock units that convert into Class A Common Stock at a one-for-one rate. These RSUs represent a right to receive shares in the future when vesting conditions are satisfied under the company’s equity compensation plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
