Frank Kristin E. 4
Research Summary
AI-generated summary
Beachbody (BODI) Director Kristin E. Frank Receives RSU Award
What Happened
Kristin E. Frank, a director of Beachbody Company, Inc. (BODI), received a grant of 9,182 restricted stock units (RSUs) on 2026-06-02. The filing shows an acquisition at $0.00 per share (common for equity awards), so no cash changed hands. This is a compensation/award transaction rather than an open-market buy or sale.
Key Details
- Transaction date: 2026-06-02; Form 4 filed: 2026-06-04 (filed within the typical 2-business-day window).
- Grant: 9,182 RSUs; reported price per share: $0.00.
- Shares owned after transaction: Not specified in the provided filing data.
- Footnote: RSUs convert one-for-one into Class A common stock and vest on the earlier of (i) the first anniversary of the grant date or (ii) the next annual meeting, subject to continued service.
- Transaction code: A = Award/Grant.
Context
RSU grants are routine director/executive compensation and do not represent an open-market purchase (so they are not a direct bullish vote of personal capital). The RSUs will convert into actual shares only upon vesting per the schedule in the footnote; until then they are unvested and subject to forfeiture if service conditions are not met.