Black Michael Scott 4
Research Summary
AI-generated summary
Bark (BARK) CRO Michael Scott Sells 188 Shares to Cover Taxes
What Happened
- Michael Scott, Chief Revenue Officer of Bark, Inc. (BARK), had 188 shares disposed on April 10, 2026. The filing reports a disposition value of $1,560 (188 shares × $8.30 per share). The transaction is reported with code F — shares were withheld to satisfy tax withholding on a restricted stock unit (RSU) vesting/settlement event, not an open‑market sale.
Key Details
- Transaction date: April 10, 2026; Filing date (Form 4): April 14, 2026.
- Shares reported disposed/withheld: 188 at $8.30 each; total value $1,560.
- Transaction code: F (tax withholding to satisfy tax obligations related to RSU vesting).
- Footnote: Amounts reflect a 1-for-20 reverse stock split effective April 1, 2026.
- Shares owned after the transaction: not specified in the provided excerpt.
- No late‑filing flag (transactionTimeliness = 'L') was provided in the supplied data.
Context
- This was a cashless withholding to cover taxes on vested RSUs — a common administrative action that does not necessarily signal a deliberate sale of shares in the market. The reported share count already reflects the company’s 1:20 reverse split on April 1, 2026.