UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment
of Certain Officers; Compensatory Arrangements of Certain Officers.
On February 18, 2026, the Board of Directors of BARK, Inc. (the "Company") approved a Severance and Change in Control Agreement (the "Severance and CIC Agreement") for the Company's Chief Executive Officer, Matt Meeker, that provides (i) upon an involuntary termination for (a) salary continuation payments equal to twelve (12) months base salary, (b) a lump sum payment equal to the pro-rated target annual bonus for the relevant fiscal year, (c) twelve (12) months accelerated vesting of time-based equity awards, and (d) twelve (12) months continued health insurance coverage under the Consolidated Omnibus Budget Reconciliation Act (“COBRA”); and (ii) upon an involuntary termination occurring six (6) months prior to, or eighteen (18) months after, a change in control of the Company for (x) a lump sum payment equal to two (2) times annual base salary plus Mr. Meeker's target annual bonus, (y) accelerated vesting of all time-based equity awards, and (z) twenty four (24) months continued health insurance coverage under COBRA.
Severance benefits under the Severance and CIC Agreement are subject to Mr. Meeker’s execution and non-revocation of a release of claims against the Company and its affiliates. Mr. Meeker’s Severance and CIC Agreement is generally consistent with the structure of the Company’s severance agreements with its executive officers but with enhanced severance multiples commensurate with Mr. Meeker’s role as Chief Executive Officer of the Company.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| BARK, Inc. | |||||
| By: | /s/ Allison Koehler | ||||
| Name: Allison Koehler | |||||
| Title: Chief Legal Officer | |||||
Date: February 24, 2026