Petco (WOOF) HR chief sells 250,000 shares around $2.55 in open market

Rhea-AI Filing Summary

Petco Health & Wellness Company, Inc. Chief Human Resources Officer Holly May sold 250,000 shares of Class A common stock in open-market transactions. The sales occurred on July 7 and July 8, 2026 at a weighted average price of about $2.55 per share, executed across multiple trades within disclosed price ranges.

After these sales, she directly holds 1,527,867 shares of Class A common stock, which include 1,326,218 outstanding RSUs granted under the company’s 2021 Plan. Each RSU represents the right to receive one share of Class A common stock.

Insights

Equity compensation and insider-trading analyst

Petco HR chief executes open-market sales but retains a sizable equity stake.

Petco’s Chief Human Resources Officer, Holly May, reported two open-market sales totaling 250,000 Class A shares at a weighted average price of about $2.55 per share. These are straightforward sell transactions with prices detailed as ranges in the footnotes.

Following the sales, she directly holds 1,527,867 shares, including 1,326,218 RSUs under the 2021 Plan, indicating substantial remaining exposure to Petco equity. No derivative exercises or tax-withholding events are shown, and no 10b5-1 trading plan language appears in the provided excerpt.

From this filing alone, the transactions represent a reduction, but not an exit, from her position. Future company filings may provide additional context around ongoing equity awards or further transactions.

Insider Trade Summary

Net Seller: 250,000 shares

Net Sell 2 txns

Insider May Holly

Role Chief Human Resources Officer

Sold 250,000 shs ($638K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	150,000	$2.55	$383K
Sale	Class A Common Stock	100,000	$2.55	$255K

Holdings After Transaction: Class A Common Stock — 1,527,867 shares (Direct)

Footnotes (3)

1. F1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.525 - $2.590, inclusive. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
2. F2. Includes 1,326,218 outstanding RSUs granted under the 2021 Plan. Each RSU represents the right to receive one share of Class A common stock of the Issuer.
3. F3. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.500 - $2.575, inclusive. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.

Key Figures

Shares sold: 250,000 shares Weighted average sale price: $2.55 per share Shares held after transactions: 1,527,867 shares +3 more

6 metrics

Shares sold 250,000 shares Open-market sales on July 7–8, 2026

Weighted average sale price $2.55 per share Class A common stock sales

Shares held after transactions 1,527,867 shares Direct Class A holdings after sales

Outstanding RSUs 1,326,218 RSUs Granted under Petco 2021 Plan

July 7 price range $2.500–$2.575 Multiple sale transactions

July 8 price range $2.525–$2.590 Multiple sale transactions

Key Terms

open-market sale, weighted average price, RSUs, restricted stock units

4 terms

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

RSUs financial

"Includes 1,326,218 outstanding RSUs granted under the 2021 Plan."

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

restricted stock units financial

"Each RSU represents the right to receive one share of Class A common stock."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/09/2026 - 04:43 PM Accepted by SEC EDGAR 07/09/2026 - 04:42 PM Learn about SEC filing dates

FAQ

What insider transaction did Petco (WOOF) report for Holly May?

Petco reported that Chief Human Resources Officer Holly May sold 250,000 shares of Class A common stock in open-market transactions. The sales occurred on July 7 and July 8, 2026 at a weighted average price of about $2.55 per share across multiple trades.

At what prices did Holly May sell Petco (WOOF) shares?

The Form 4 lists a weighted average sale price of about $2.55 per share. Footnotes explain that trades on July 7 ranged from $2.500 to $2.575, while trades on July 8 ranged from $2.525 to $2.590, with full breakdowns available on request.

How many Petco (WOOF) shares does Holly May own after these sales?

After the reported sales, Holly May directly holds 1,527,867 shares of Petco Class A common stock. This figure includes 1,326,218 outstanding restricted stock units (RSUs) granted under the 2021 Plan, each representing the right to receive one share in the future.

Were derivative securities or options involved in Holly May’s Petco (WOOF) transactions?

The reported transactions involve only non-derivative Class A common stock sold in the open market. The derivative section of the filing shows no option or other derivative exercises, and the transaction summary lists zero derivative transactions in this particular Form 4.

What do the RSUs in Holly May’s Petco (WOOF) holdings represent?

Her position includes 1,326,218 outstanding RSUs granted under Petco’s 2021 Plan. Each RSU represents the right to receive one share of Class A common stock, meaning these awards can convert into shares according to the plan’s vesting and settlement terms disclosed elsewhere.

Are Holly May’s Petco (WOOF) stock sales open-market or private transactions?

The Form 4 classifies both transactions with code “S” as open-market or private sales. The description specifies “Sale in open market or private transaction,” and footnotes describe multiple trades within stated price ranges, consistent with typical open-market execution.

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).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

May Holly

(Last) (First) (Middle)

C/O PETCO HEALTH AND WELLNESS COMPANY,

INC., 10850 VIA FRONTERA

(Street)

SAN DIEGO CALIFORNIA 92127

(City) (State) (Zip)

UNITED STATES

(Country)

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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/07/2026

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

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

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

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	07/07/2026		S		100,000	D	$2.55(1)	1,677,867(2)	D
Class A Common Stock	07/08/2026		S		150,000	D	$2.55(3)	1,527,867(2)	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. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.525 - $2.590, inclusive. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.

2. Includes 1,326,218 outstanding RSUs granted under the 2021 Plan. Each RSU represents the right to receive one share of Class A common stock of the Issuer.

3. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.500 - $2.575, inclusive. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.

	/s/ Giovanni Insana, as Attorney-in-Fact	07/09/2026
	** 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.
* Form 4: SEC 1474 (03-26)