Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Appointment of Officer On July 28, 2026, BARK, Inc. (the “Company”) announced that Anya Hamill will join as Chief Financial Officer of the Company, effective September 8, 2026. Ms.…
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Item 5.02Item 5.02 - Departure/Election of Directors
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Appointment of Officer
On July 28, 2026, BARK, Inc. (the “Company”) announced that Anya Hamill will join as Chief Financial Officer of the Company, effective September 8, 2026.
Ms. Hamill, age 52, most recently served as CFO of Laird Superfood, a plant-based food and beverage company, from 2022 until joining BARK, after serving as the CFO of Little Secrets Chocolates, a gourmet chocolate snacks and candies company, since 2018. Previously, Hamill held senior level financial roles at other leading CPG companies including Danone North America and Whitewave Foods, where she was successful in supporting and delivering ambitious growth agendas for premium brands.
Ms. Hamill's offer letter with the Company (the “Offer Letter”) provides for an annual compensation package consisting of a base salary of $450,000 and an annual target bonus opportunity of 75% of base salary payable 50% in cash and 50% in immediately vested and unrestricted shares of the Company, with a guaranteed nine (9) month bonus for fiscal year 2027 payable 75% in cash and 25% in immediately vested and unrestricted shares of the Company. Ms. Hamill will also receive an initial grant of 37,500 restricted stock units and 37,500 options to purchase common stock of the Company under the Company’s 2021 Equity Incentive Plan, of which 25% will vest September 10, 2027 and the balance will vest quarterly over twelve quarters in substantially equal amounts, subject to Ms. Hamill’s continued employment. In addition, the Offer Letter provides for a one-time sign-on bonus in the amount of $100,000, 50% payable upon the commencement of Ms. Hamill's employment with the Company and 50% payable on the first quarterly anniversary Ms. Hamill's employment with the Company, subject to Ms. Hamill’s continued employment.
Ms. Hamill will enter into the Company’s Indemnity Agreement in the same form entered into by the Company’s other executive officers. She will also enter into a Severance and Change in Control Agreement 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 Ms. Hamill'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.
There is no arrangement or understanding between Ms. Hamill and any other persons pursuant to which Ms. Hamill was selected as Chief Financial Officer of the Company. Furthermore, there are no transactions between Ms. Hamill and the Company that would be required to be reported under Item 404(a) of Regulation S-K. Finally, no family relationships exist between Ms. Hamill and any of the Company’s directors or executive officers.
Resignation of Officer
On September 8, 2026, Brian Dostie will resign as Interim Chief Financial Officer of the Company effective. Mr. Dostice will remain as Vice President, Accounting and Controller.