Analyst Summary
- Mark Goldston’s base salary is increasing to $500,000 effective March 1, 2025.
- Mark Goldston’s base salary will increase to $700,000 upon full payment of the Blue Torch term loan.
Beachbody Company, Inc. 8-K Analysis & Summary – 2/21/2025
Filing date:
02/21/2025
TLDR:
The Beachbody Company’s Compensation Committee approved an increased annual base salary for Executive Chairman Mark Goldston, effective March 1, 2025, with a further increase upon full payment of the Blue Torch term loan.
ELI5:
The company is increasing the Executive Chairman’s salary in two stages: first on March 1st, and then again when a specific loan is paid off.
Accession #:
0001193125-25-032050
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