PetMed Express (PETS) grants director Peter Batushansky 55,555 restricted shares
Rhea-AI Filing Summary
Batushansky Peter reported acquisition or exercise transactions in this Form 4 filing.
PetMed Express Inc. director Peter Batushansky reported a grant of 55,555 shares of common stock as a restricted stock award under the PetMed Express, Inc. 2024 Omnibus Incentive Plan. The award vests in full on August 11, 2027, subject to his continued service on the Board of Directors, bringing his direct holdings to 91,928 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 55,555 shares
Net Buy
1 txn
Insider
Batushansky Peter
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 55,555 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 91,928 shares (Direct)
Footnotes (1)
- F1. Consists of a restricted stock award made pursuant to the PetMed Express, Inc. 2024 Omnibus Incentive Plan that vests as to all granted shares on August 11, 2027, subject to continued service on the Board of Directors.
Key Figures
Restricted stock award: 55,555 shares
Post-transaction holdings: 91,928 shares
Grant price per share: $0.00
+1 more
4 metrics
Restricted stock award
55,555 shares
Grant of common stock to director Peter Batushansky on 2026-08-11
Post-transaction holdings
91,928 shares
Total common shares directly held after the award
Grant price per share
$0.00
Reported transaction price per share for the restricted stock award
Vesting date
August 11, 2027
All granted restricted shares vest on this date, subject to continued board service
Key Terms
restricted stock award, 2024 Omnibus Incentive Plan, continued service on the Board of Directors
3 terms
restricted stock award financial
"Consists of a restricted stock award made pursuant to the PetMed Express, Inc. 2024 Omnibus"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
2024 Omnibus Incentive Plan financial
"award made pursuant to the PetMed Express, Inc. 2024 Omnibus Incentive Plan that vests"
continued service on the Board of Directors financial
"vests as to all granted shares on August 11, 2027, subject to continued service on the Board"
FAQ
What insider transaction did PETS director Peter Batushansky report?
Director Peter Batushansky reported a grant of 55,555 shares of PetMed Express common stock. The award is a restricted stock grant under the 2024 Omnibus Incentive Plan and was reported at a price of $0.00 per share as compensation, not a market purchase.
What type of equity award did PETS grant to director Peter Batushansky?
PetMed Express granted Peter Batushansky a restricted stock award of 55,555 common shares. The award was issued under the PetMed Express, Inc. 2024 Omnibus Incentive Plan and vests entirely on August 11, 2027, assuming continued board service.
Was the PETS Form 4 transaction a market purchase or sale?
No market trade occurred; the Form 4 reports a grant/award acquisition. The 55,555 shares of common stock were awarded at a $0.00 per-share price as director compensation, rather than being bought or sold in the open market.
AI-generated analysis. How Rhea-AI works. Not financial advice.