Petco CRO has 14,948 shares withheld for taxes
Petco’s chief revenue officer had shares withheld to cover taxes on RSU vesting and continues to hold a substantial equity position.
Rhea-AI Filing Summary
Petco Health & Wellness Company, Inc. (WOOF) reported that Chief Revenue Officer Patrick J. Venezia had 14,948 shares of Class A common stock withheld on September 4, 2026 to satisfy tax liability arising from vesting restricted stock units granted under the 2021 Equity Incentive Plan, at a reference value of $2.52 per share. After this tax-withholding disposition, he holds 357,764 shares directly, including 299,125 outstanding RSUs, and no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1, F2 | 14,948 | $2.52 | $38K |
Footnotes (2)
- F1. The transaction reported reflects the withholding of restricted stock units ("RSUs") in satisfaction of the Reporting Person's tax liability. The RSUs were granted to the Reporting Person on March 4, 2025 pursuant to the Petco Health and Wellness Company, Inc. 2021 Equity Incentive Plan (as amended, the "2021 Plan"), and a portion vested on September 4, 2026.
- F2. Includes 299,125 outstanding RSUs granted under the 2021 Plan. Each RSU represents the right to receive one share of Class A common stock of the Issuer.
Key Figures
Key Terms
restricted stock units financial
2021 Equity Incentive Plan financial
tax liability financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did WOOF report for Patrick J. Venezia?
Was the WOOF Form 4 transaction an open-market sale?
What RSU position under WOOF’s 2021 Plan does Patrick J. Venezia retain?
Was the WOOF insider transaction made under a Rule 10b5-1 plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.