Dostie Brian 4
Research Summary
AI-generated summary
Bark (BARK) VP Brian Dostie Withholds 737 Shares for Taxes
What Happened
- Brian Dostie, VP Accounting & Controller at Bark, had 737 shares withheld on 2026-05-10 to satisfy tax withholding obligations arising from a vested Restricted Stock Unit (RSU) award. The reported per-share amount is $9.05, totaling $6,670. This was a tax-withholding/cashless settlement action (transaction code F), not an open-market sale.
Key Details
- Transaction date: 2026-05-10; filing date: 2026-05-12 (filed timely).
- Price/value: 737 shares × $9.05 = $6,670.
- Transaction type: F — shares withheld to satisfy tax withholding on RSU settlement (not a sale).
- Shares owned after transaction: Not specified in the Form 4 filing.
- Notable footnotes:
- F1: Confirms shares were withheld by the issuer to satisfy tax obligations from RSU vesting — not an open-market sale.
- F2: Figures reflect a 1-for-20 reverse stock split effective April 1, 2026, and note an additional 14 post-split shares that were inadvertently omitted from a prior Form 4.
Context
- Withholdings on vested RSUs are routine and are used to cover taxes; they do not necessarily signal insider sentiment. The filing corrects prior reporting omissions and accounts for the recent reverse split, which affects share counts.