Petco HR chief covers taxes with share withholding
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Rhea-AI Filing Summary
Petco Health & Wellness Company, Inc. Chief Human Resources Officer Holly May disposed of 19,758 shares of Class A common stock on March 4, 2026 through a tax-withholding transaction tied to vesting restricted stock units (RSUs) granted under Petco’s 2021 Equity Incentive Plan.
The disposition, at a reported price of $2.65 per share, satisfied her tax liability rather than representing an open-market sale. After this transaction, a total of 1,959,819 shares/RSUs were reported as owned, including 1,711,748 outstanding RSUs, each RSU representing the right to receive one share of Class A common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 19,758 | $2.65 | $52K |
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 March 4, 2026.
- F2. Includes 1,711,748 outstanding RSUs granted under the 2021 Plan. Each RSU represents the right to receive one share of Class A common stock of the Issuer.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Petco (WOOF) executive Holly May report in this Form 4?
Was Holly May’s Petco (WOOF) Form 4 transaction an open-market stock sale?
What role do RSUs play in Holly May’s Petco (WOOF) equity holdings?
AI-generated analysis. How Rhea-AI works. Not financial advice.