WOOF Form 4: 43k RSUs Granted to Director Briggs

Rhea-AI Filing Summary

Form 4 – Petco Health & Wellness (WOOF)

Director Gary S. Briggs reported the acquisition of 43,422 Restricted Stock Units on 24 Jul 2025. Each RSU represents one share of Class A common stock granted under the company’s 2021 Equity Incentive Plan at no cash cost.

The RSUs will vest on the earlier of Petco’s next annual shareholder meeting or 24 Jul 2026. Following this grant, Briggs directly owns 162,761 Class A shares. No shares were sold or otherwise disposed of, and no derivative securities beyond the RSUs were involved.

The filing reflects routine board equity compensation, marginally increasing insider ownership and aligning the director’s incentives with shareholder value.

Positive

• Insider ownership rises by 43,422 shares, enhancing alignment between the director and shareholders.
• RSUs vest within one year, incentivizing near-term performance and continued board engagement.

Negative

• Issuance of new shares introduces minor dilution for existing equity holders.

Insights

Corporate Governance Analyst

TL;DR: Routine director RSU grant; boosts insider stake to 162k shares; no cash outlay; neutral impact on valuation.

The Form 4 discloses a standard equity award to Director Gary S. Briggs—43,422 RSUs vesting within roughly one year. Because the award involves no sale or option exercise and represents a small fraction of Petco’s float, dilution is immaterial. The grant slightly increases insider alignment, but it does not signal a strategic shift or financial inflection point. Consequently, the market impact is expected to be neutral, with governance optics remaining positive given clear disclosure and straightforward vesting terms.

Insider Trade Summary

Net Buyer: 43,422 shares

Net Buy 1 txn

Insider BRIGGS GARY S

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	43,422	$0.00	$0.00

Holdings After Transaction: Class A Common Stock — 162,761 shares (Direct)

Footnotes (1)

1. F1. Represents 43,422 restricted stock units ("RSUs") granted under the Petco Health and Wellness Company, Inc. 2021 Equity Incentive Plan, as amended. Each RSU represents the right to receive one share of Class A common stock of the Issuer. The RSUs will vest on the earlier to occur of (i) the Issuer's next annual shareholder meeting or (ii) July 24, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 07/28/2025 - 06:27 PM Learn about SEC filing dates

FAQ

What transaction did Gary S. Briggs report in the WOOF Form 4?

He acquired 43,422 Restricted Stock Units on 24 Jul 2025 at a cost basis of $0.

When will the new RSUs granted to the Petco director vest?

They vest on the earlier of the next annual shareholder meeting or 24 Jul 2026.

How many Petco shares does Gary S. Briggs now own?

After the grant, his direct beneficial ownership is 162,761 Class A shares.

Were any shares sold or disposed of in this Form 4 filing?

No. The filing reports only an acquisition of RSUs; there were no sales or disposals.

Does the Form 4 involve any derivative securities besides RSUs?

No. The only derivative instrument disclosed is the Restricted Stock Unit grant.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

BRIGGS GARY S

(Last) (First) (Middle)

C/O PETCO HEALTH AND WELLNESS COMPANY,

INC., 10850 VIA FRONTERA

(Street)

SAN DIEGO CA 92127

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Petco Health & Wellness Company, Inc. [ WOOF ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/24/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock(1)	07/24/2025		A		43,422	A	$0	162,761	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents 43,422 restricted stock units ("RSUs") granted under the Petco Health and Wellness Company, Inc. 2021 Equity Incentive Plan, as amended. Each RSU represents the right to receive one share of Class A common stock of the Issuer. The RSUs will vest on the earlier to occur of (i) the Issuer's next annual shareholder meeting or (ii) July 24, 2026.

	/s/ Giovanni Insana, as Attorney-in-Fact	07/28/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.