Petco CLO has 10,688 shares withheld for taxes
Petco’s chief legal officer reported a routine tax-withholding share disposition linked to vesting RSUs, with substantial equity awards still outstanding.
Rhea-AI Filing Summary
Petco Health & Wellness Company, Inc. (WOOF) reported that Chief Legal Officer and Secretary Giovanni Insana had 10,688 shares of Class A common stock withheld on September 4, 2026 to satisfy tax liability, valued at $2.52 per share. Following this tax-withholding disposition, he holds 386,659 shares directly, including 180,460 outstanding RSUs granted under the 2021 Equity Incentive Plan, with each RSU representing the right to receive one share of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1, F2 | 10,688 | $2.52 | $27K |
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 180,460 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 transaction did Petco (WOOF) report for Giovanni Insana on September 4, 2026?
Was the Petco (WOOF) Form 4 transaction a market sale or a tax withholding?
What RSU awards are disclosed for Giovanni Insana in the Petco (WOOF) Form 4?
Was the Petco (WOOF) insider transaction made under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.