TRNR · Interactive Strength, Inc.
Substantial doubt about the company's ability to continue as a going concern.
“These uncertainties raise substantial doubt about our ability to continue as a going concern.”View the 10-Q filed May 20, 2026
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 3, 4 and 5. Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2025-11-15 | Morgret Caleb George |
Chief Financial Officer |
Other↑
|
No Securities Owned
|
0 |
| 2024-05-06 | Leis David Patrick |
Director |
Other↑
|
No Securities Owned
|
0 |
| 2023-12-20 | Interactive Strength, Inc. |
Director, Chief Technology Officer |
Award↑
Filing footnotes — Stock Option (right to buy) (Direct)
Represents an initial option to purchase 60,000 shares of common stock, subject to the reporting person's continued service with the Issuer as a service provider through the applicable vesting date. |
Stock Option (right to buy)
|
60,000 |
| 2023-12-20 | Ward Trent Alexander |
Director, Chief Executive Officer |
Award↑
Filing footnotes — Stock Option (right to buy) (Direct)
Represents an initial option to purchase 30,000 shares of common stock, subject to the reporting person's continued service with the Issuer as a service provider through the applicable vesting date. |
Stock Option (right to buy)
|
30,000 |
| 2023-12-20 | Interactive Strength, Inc. |
Director, Chief Technology Officer |
Award↑
Filing footnotes — Stock Option (right to buy) (Direct)
Represents an initial option to purchase 30,000 shares of common stock, subject to the reporting person's continued service with the Issuer as a service provider through the applicable vesting date. |
Stock Option (right to buy)
|
30,000 |
| 2023-12-20 | Interactive Strength, Inc. |
Director, Chief Technology Officer |
Award↑
Filing footnotes — Stock Option (right to buy) (Direct)
Represents an initial option to purchase 30,000 shares of common stock, subject to the reporting person's continued service with the Issuer as a service provider through the applicable vesting date. |
Stock Option (right to buy)
|
30,000 |
| 2023-12-20 | Madigan Michael |
Chief Financial Officer |
Award↑
Filing footnotes — Stock Option (right to buy) (Direct)
Represents an initial option to purchase 60,000 shares of common stock, subject to the reporting person's continued service with the Issuer as a service provider through the applicable vesting date. |
Stock Option (right to buy)
|
60,000 |
| 2023-12-20 | Mulchandani Deepak Manu |
Director, Chief Technology Officer |
Award↑
Filing footnotes — Stock Option (right to buy) (Direct)
Represents an initial option to purchase 30,000 shares of common stock, subject to the reporting person's continued service with the Issuer as a service provider through the applicable vesting date. |
Stock Option (right to buy)
|
30,000 |
| 2023-06-07 | Mulchandani Deepak Manu |
Director, Chief Technology Officer |
Award↑
Filing footnotes — Stock Option (right to buy) (Direct)
Represents an initial option to purchase 300,000 shares of common stock, vesting if and when the Issuer's per share price reaches certain milestones, subject to the reporting person's continued service with the Issuer as a service provider through the applicable vesting date. |
Stock Option (right to buy)
|
300,000 |
| 2023-06-07 | Weaver Aaron Ngoc Dung |
Director |
Award↑
Filing footnotes — Stock Option (right to buy) (Direct)
Represents an initial option to purchase 60,000 shares of common stock, vesting if and when the Issuer's per share price reaches certain milestones, subject to the reporting person's continued service with the Issuer as a director through the applicable vesting date. |
Stock Option (right to buy)
|
60,000 |
| 2023-06-07 | Bartok Touw Kirsten |
Director |
Award↑
Filing footnotes — Stock Option (right to buy) (Direct)
Represents an initial option to purchase 60,000 shares of common stock, vesting if and when the Issuer's per share price reaches certain milestones, subject to the reporting person's continued service with the Issuer as a director through the applicable vesting date. |
Stock Option (right to buy)
|
60,000 |
| 2023-06-07 | Madigan Michael |
Chief Financial Officer |
Award↑
Filing footnotes — Stock Option (right to buy) (Direct)
Represents an initial option to purchase 32,500 shares of common stock, vesting if and when the Issuer's per share price reaches certain milestones, subject to the reporting person's continued service with the Issuer as a service provider through the applicable vesting date. |
Stock Option (right to buy)
|
32,500 |
| 2023-06-07 | Ward Trent Alexander |
Director, Chief Executive Officer |
Award↑
Filing footnotes — Stock Option (right to buy) (Direct)
Represents an initial option to purchase 500,000 shares of common stock, vesting if and when the Issuer's per share price reaches certain milestones, subject to the reporting person's continued service with the Issuer as a service provider through the applicable vesting date. |
Stock Option (right to buy)
|
500,000 |
| 2023-06-01 | Wickens Bradley James |
10% Owner |
Buy↑
|
Common Stock
|
5,000 |
| 2023-05-22 | Wickens Bradley James |
10% Owner |
Buy↑
|
Common Stock
|
10,000 |
| 2023-05-22 | Wickens Bradley James |
10% Owner |
Buy↑
|
Common Stock
|
10,000 |
| 2023-05-17 | Wickens Bradley James |
10% Owner |
Buy↑
|
Common Stock
|
3,940 |
| 2023-05-15 | Wickens Bradley James |
10% Owner |
Buy↑
|
Common Stock
|
4,800 |
| 2023-05-12 | Wickens Bradley James |
10% Owner |
Buy↑
|
Common Stock
|
20,200 |
| 2023-05-11 | Wickens Bradley James |
10% Owner |
Buy↑
|
Common Stock
|
4,350 |
| 2023-05-10 | Wickens Bradley James |
10% Owner |
Buy↑
|
Common Stock
|
5,650 |
| 2023-05-09 | Wickens Bradley James |
10% Owner |
Buy↑
|
Common Stock
|
12,300 |
| 2023-05-02 | Bartok Touw Kirsten |
Director |
Other↓
|
Convertible Promissory Note
(I)
|
0 |
| 2023-05-02 | block.one Investments 1 |
10% Owner |
Other↑
Filing footnotes — Common Stock (Indirect)
Reflects the exempt automatic conversion pursuant to Rule 16b-6 of warrants to purchase shares of Common Stock ("Warrants") on a net conversion basis upon the closing of the IPO into a number of shares of Common Stock determined based on the IPO price of $8.00 per share. The Warrants have an exercise price of $0.015 per share and expire at 5:00 p.m. Pacific Time on November 13, 2032 or such earlier date and time on which the Warrant ceases to be exercisable in accordance with the terms of the Warrant. The amount of Warrants reflected in this Form 4 corrects the number of Warrants held by Investments 1, which was incorrectly reported on the Form 3 filed by the Reporting Persons with the SEC on April 27, 2023 due to an inadvertent administrative error. Investments 1 is a wholly-owned subsidiary of block.one. Each of Kokuei Yuan and Andrew Bliss are directors of Investments 1. Each of Brendan Francis Blumer and Messrs. Yuan and Bliss are directors of block.one. Each Reporting Person disclaims beneficial ownership of the securities of the Issuer reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. |
Common Stock
(I)
|
24,046 |
| 2023-05-02 | Wickens Bradley James |
10% Owner |
Sell↓
|
Common Stock
|
13 |
| 2023-05-02 | Bartok Touw Kirsten |
Director |
Exercise↑
Filing footnotes — Common Stock (Indirect)
Consists of shares of common stock issued pursuant to the automatic net exercise of a warrant to purchase 839 shares of common stock immediately prior to the closing of the Issuer's initial public offering (the "IPO"), resulting in the withholding of 2 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 837 shares. |
Common Stock
(I)
|
839 |
| 2023-05-02 | block.one Investments 1 |
10% Owner |
Other↑
Filing footnotes — Common Stock (Indirect)
Reflects the exempt automatic conversion pursuant to Rule 16b-6 of convertible note of the Issuer (the "Convertible Note") held by Investments 1 upon the closing of the IPO into a number of shares of Common Stock equal to (i) the aggregate principal amount, plus accrued and unpaid interest, owing under such Convertible Notice through May 2, 2023 ($1,178,308.92) and (ii) $8.00 (the IPO price per share of Common Stock). The Convertible Notes were issued to Investments 1 on November 13, 2022 and have a maturity date of November 13, 2023. Investments 1 is a wholly-owned subsidiary of block.one. Each of Kokuei Yuan and Andrew Bliss are directors of Investments 1. Each of Brendan Francis Blumer and Messrs. Yuan and Bliss are directors of block.one. Each Reporting Person disclaims beneficial ownership of the securities of the Issuer reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. |
Common Stock
(I)
|
147,288 |
| 2023-05-02 | Wickens Bradley James |
10% Owner |
Exercise↓
|
Warrant to purchase Common Stock
|
6,874 |
| 2023-05-02 | Bartok Touw Kirsten |
Director |
Sell↓
Filing footnotes — Common Stock (Indirect)
Consists of shares of common stock issued pursuant to the automatic net exercise of a warrant to purchase 839 shares of common stock immediately prior to the closing of the Issuer's initial public offering (the "IPO"), resulting in the withholding of 2 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 837 shares. |
Common Stock
(I)
|
2 |
| 2023-05-02 | Wickens Bradley James |
10% Owner |
Other↓
|
Convertible Promissory Note
|
5,139 |
| 2023-05-02 | block.one Investments 1 |
10% Owner |
Other↓
Filing footnotes — Warrants (Indirect)
Reflects the exempt automatic conversion pursuant to Rule 16b-6 of warrants to purchase shares of Common Stock ("Warrants") on a net conversion basis upon the closing of the IPO into a number of shares of Common Stock determined based on the IPO price of $8.00 per share. The Warrants have an exercise price of $0.015 per share and expire at 5:00 p.m. Pacific Time on November 13, 2032 or such earlier date and time on which the Warrant ceases to be exercisable in accordance with the terms of the Warrant. The amount of Warrants reflected in this Form 4 corrects the number of Warrants held by Investments 1, which was incorrectly reported on the Form 3 filed by the Reporting Persons with the SEC on April 27, 2023 due to an inadvertent administrative error. Investments 1 is a wholly-owned subsidiary of block.one. Each of Kokuei Yuan and Andrew Bliss are directors of Investments 1. Each of Brendan Francis Blumer and Messrs. Yuan and Bliss are directors of block.one. Each Reporting Person disclaims beneficial ownership of the securities of the Issuer reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. |
Warrants
(I)
|
24,046 |
| 2023-05-02 | Bartok Touw Kirsten |
Director |
Exercise↓
|
Warrant to purchase common stock
(I)
|
839 |
| 2023-05-02 | Bartok Touw Kirsten |
Director |
Other↑
Filing footnotes — Common Stock (Indirect)
Consists of shares of common stock issued pursuant to the conversion of a convertible promissory note (the "Note") executed by the Issuer in favor of the reporting person in the principal amount of $40,000, which automatically converted into shares of common stock immediately prior to the closing of the IPO, based on the outstanding principal amount of the Note and accrued interest divided by the IPO price of $8.00 per share. |
Common Stock
(I)
|
5,139 |
| 2023-05-02 | Wickens Bradley James |
10% Owner |
Other↑
|
Common Stock
|
42,006 |
| 2023-05-02 | Wickens Bradley James |
10% Owner |
Exercise↑
|
Common Stock
|
6,874 |
| 2023-05-02 | block.one Investments 1 |
10% Owner |
Other↓
Filing footnotes — Common Stock (Indirect)
Reflects the automatic withholding of shares of Common Stock by the Issuer upon the automatic net conversion of the Warrants on the closing of the IPO pursuant to the terms of the Warrants at the IPO price of $8.00 per share. Investments 1 is a wholly-owned subsidiary of block.one. Each of Kokuei Yuan and Andrew Bliss are directors of Investments 1. Each of Brendan Francis Blumer and Messrs. Yuan and Bliss are directors of block.one. Each Reporting Person disclaims beneficial ownership of the securities of the Issuer reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. |
Common Stock
(I)
|
46 |
| 2023-05-02 | block.one Investments 1 |
10% Owner |
Buy↑
Filing footnotes — Common Stock (Indirect)
Reflects the purchase of shares of common stock of the Issuer ("Common Stock") by block.one Investments 1 ("Investments 1") from the Issuer upon the closing of the Issuer's Initial Public Offering ("IPO") at the IPO price of $8.00 per share. Investments 1 is a wholly-owned subsidiary of block.one. Each of Kokuei Yuan and Andrew Bliss are directors of Investments 1. Each of Brendan Francis Blumer and Messrs. Yuan and Bliss are directors of block.one. Each Reporting Person disclaims beneficial ownership of the securities of the Issuer reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. |
Common Stock
(I)
|
187,500 |
| 2023-05-02 | block.one Investments 1 |
10% Owner |
Other↓
Filing footnotes — Convertible Notes (Indirect)
Reflects the automatic withholding of shares of Common Stock by the Issuer upon the automatic net conversion of the Warrants on the closing of the IPO pursuant to the terms of the Warrants at the IPO price of $8.00 per share. Reflects the exempt automatic conversion pursuant to Rule 16b-6 of convertible note of the Issuer (the "Convertible Note") held by Investments 1 upon the closing of the IPO into a number of shares of Common Stock equal to (i) the aggregate principal amount, plus accrued and unpaid interest, owing under such Convertible Notice through May 2, 2023 ($1,178,308.92) and (ii) $8.00 (the IPO price per share of Common Stock). The Convertible Notes were issued to Investments 1 on November 13, 2022 and have a maturity date of November 13, 2023. Investments 1 is a wholly-owned subsidiary of block.one. Each of Kokuei Yuan and Andrew Bliss are directors of Investments 1. Each of Brendan Francis Blumer and Messrs. Yuan and Bliss are directors of block.one. Each Reporting Person disclaims beneficial ownership of the securities of the Issuer reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. |
Convertible Notes
(I)
|
0 |
| 2023-05-02 | Wickens Bradley James |
10% Owner |
Buy↑
|
Common Stock
|
20,000 |
| 2023-05-02 | Wickens Bradley James |
10% Owner |
Buy↑
|
Common Stock
|
31,250 |
| 2023-04-28 | Weaver Aaron Ngoc Dung |
Director |
Award↑
Filing footnotes — Stock Option (right to buy) (Direct)
Represents an initial option to purchase 52,401 shares of common stock, vesting in equal annual installments over three years, subject to the reporting person's continued service with the Issuer as a director through the applicable vesting date. |
Stock Option (right to buy)
|
52,401 |
| 2023-04-28 | Bartok Touw Kirsten |
Director |
Award↑
Filing footnotes — Stock Option (right to buy) (Direct)
Represents an initial option to purchase 52,401 shares of common stock, vesting in equal annual installments over three years, subject to the reporting person's continued service with the Issuer as a director through the applicable vesting date. |
Stock Option (right to buy)
|
52,401 |
| 2023-04-27 | Weaver Aaron Ngoc Dung |
Director |
Other↑
|
No Securities Owned
|
0 |