Interactive Strength (NASDAQ: TRNR) pays Series A and C stock dividends in shares
Rhea-AI Filing Summary
Interactive Strength Inc. declared and paid stock dividends on its preferred shares. On July 28, 2026, the board declared dividends in kind on the outstanding Series A and Series C Preferred Stock, issuing 281,344 shares of Series A Preferred and 338,240 shares of Series C Preferred as dividend payments. These issuances were made under exemptions from registration pursuant to Section 4(a)(2) of the Securities Act of 1933. After these stock dividends, 4,696,089 shares of Series A Preferred Stock and 3,187,097 shares of Series C Preferred Stock are outstanding.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 3.02 — Unregistered Sales of Equity Securities
1 item
Item 3.02
Unregistered Sales of Equity Securities
Securities
The company sold equity securities in a private placement or other unregistered transaction.
Key Figures
Series A dividend shares issued: 281,344 shares
Series C dividend shares issued: 338,240 shares
Series A Preferred outstanding after issuance: 4,696,089 shares
+2 more
5 metrics
Series A dividend shares issued
281,344 shares
Dividend in kind on Series A Preferred Stock declared and issued July 28, 2026
Series C dividend shares issued
338,240 shares
Dividend in kind on Series C Preferred Stock declared and issued July 28, 2026
Series A Preferred outstanding after issuance
4,696,089 shares
Total Series A Preferred Stock outstanding following the stock dividend
Series C Preferred outstanding after issuance
3,187,097 shares
Total Series C Preferred Stock outstanding following the stock dividend
Dividend declaration and issuance date
July 28, 2026
Date the board declared and the company issued the Series A and Series C dividend shares
Key Terms
dividend in kind, Certificate of Designations, Section 4(a)(2), Emerging growth company
4 terms
dividend in kind financial
"declared a dividend ... as a dividend in kind, in the form of 281,344 shares"
A dividend in kind is a payout to shareholders made in assets other than cash—common forms include additional shares, physical property, or other securities—so investors receive something tangible or financial instead of money. It matters because it preserves a company’s cash while changing an investor’s ownership mix and liquidity, and it can carry different tax or resale consequences than a cash dividend, effectively shifting how value is held or realized.
Certificate of Designations regulatory
"Pursuant to the Certificate of Designations of Series A Preferred Stock"
A certificate of designations is a formal legal document that spells out the specific rights and rules attached to a particular class of stock, most often preferred shares. It tells investors who gets paid first, what dividends or conversion rights exist, and any voting or liquidation priorities—like an instruction sheet that decides which shareholders get preference if a company pays out or is sold. Those terms directly affect a security’s value and risk.
Section 4(a)(2) regulatory
"was exempt from registration under the Securities Act ... pursuant to Section 4(a)(2)"
Section 4(a)(2) is a part of U.S. securities laws that allows companies to sell their stock directly to certain investors without registering the sale with regulators. This process is often used for private placements, making it easier and faster for companies to raise money from knowledgeable or institutional investors. It matters to investors because it provides an alternative way to buy shares, often with fewer disclosures and lower costs.
Emerging growth company regulatory
"405 of this chapter) or Rule 12b-2 ... Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Interactive Strength Inc. (TRNR) disclose about its preferred stock dividends?
Interactive Strength Inc. disclosed that on July 28, 2026 it declared and issued dividends in kind on its Series A and Series C Preferred Stock, paying those dividends using additional preferred shares rather than cash.
Were Interactive Strength’s preferred stock dividends paid in cash or stock?
The dividends on both Series A and Series C Preferred Stock were paid as a dividend in kind, meaning holders received additional preferred shares—281,344 Series A and 338,240 Series C shares—instead of cash distributions.