[Form 3] PetMed Express, Inc. Initial Statement of Beneficial Ownership
Rhea-AI Filing Summary
Douglas Krulik, identified as Chief Accounting Officer and a director of PetMed Express, Inc. (ticker: PETS), filed an Initial Statement of Beneficial Ownership (Form 3) reporting the event date of 08/19/2024. The filing states that no securities are beneficially owned by the reporting person. The form indicates it was filed by one reporting person and includes a manual signature dated 09/11/2025. The document provides the reporting person’s business address in Delray Beach, Florida, and confirms compliance with Section 16 reporting requirements through this submission.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine Section 16 disclosure showing no ownership by an officer/director; neutral compliance filing.
The Form 3 identifies an officer and director (Chief Accounting Officer) of PetMed Express who reports no beneficial ownership as of the stated event date. From a compliance standpoint, filing an initial Form 3 is required and expected when a person becomes an officer or director; this submission documents that requirement was met. The absence of holdings means there are no immediate Section 16 insider trading considerations tied to disclosed shares. The signature date is recorded as 09/11/2025, which is later than the event date; the form itself does not explain any filing timing or amendments. Impact on investors is minimal given the lack of reported securities.
TL;DR: Governance disclosure completed; no material change to ownership or control reported.
This initial filing establishes the reporting relationship of the individual to the company and explicitly states that no securities are beneficially owned. For governance records, that clarifies there is no equity stake to disclose for this officer/director at the stated date. The filing is informational and does not indicate related-party transactions, equity grants, or changes to board control. As such, it does not materially affect the company’s capital structure or shareholder voting dynamics.