Petco director receives 60,662 RSUs grant
Yen Iris reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Yen Iris reported acquisition or exercise transactions in this Form 4 filing.
Petco Health & Wellness Company, Inc. director Iris Yen reported an equity compensation grant in the form of restricted stock units. She received 60,662 RSUs, each representing one share of Class A common stock, granted at no cash cost under the company’s 2021 Equity Incentive Plan.
The RSUs will vest on the earlier of Petco’s next annual shareholder meeting or June 30, 2027. Following this grant, Yen directly holds 206,449 shares of Class A common stock and has an additional 1,983 shares held indirectly through the Yen-Geniblazo Family Trust.
Positive
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Negative
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Insider Trade Summary
Grant/Award: 60,662 shares
Grant/Award
2 txns
Insider
Yen Iris
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 60,662 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 206,449 shares (Direct);
Class A Common Stock — 1,983 shares (Indirect, By Yen-Geniblazo Family Trust)
Footnotes (1)
- F1. Represents 60,662 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) June 30, 2027.
Key Figures
RSU grant size: 60,662 RSUs
Direct holdings after grant: 206,449 shares
Indirect trust holdings: 1,983 shares
+1 more
4 metrics
RSU grant size
60,662 RSUs
Granted under 2021 Equity Incentive Plan
Direct holdings after grant
206,449 shares
Class A common stock following RSU award
Indirect trust holdings
1,983 shares
Held by Yen-Geniblazo Family Trust
RSU vesting deadline
June 30, 2027
Vests earlier of next annual meeting or this date
Key Terms
restricted stock units ("RSUs"), 2021 Equity Incentive Plan, Class A common stock, indirect ownership
4 terms
restricted stock units ("RSUs") financial
"Represents 60,662 restricted stock units ("RSUs") granted under the Petco Health and Wellness Company, Inc. 2021 Equity Incentive Plan"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
2021 Equity Incentive Plan financial
"RSUs granted under the Petco Health and Wellness Company, Inc. 2021 Equity Incentive Plan, as amended"
Class A common stock financial
"Each RSU represents the right to receive one share of Class A common stock of the Issuer"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
indirect ownership financial
"total_shares_following_transaction 1983.0000, direct_or_indirect I, nature_of_ownership By Yen-Geniblazo Family Trust"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Petco (WOOF) director Iris Yen report in this Form 4 filing?
Petco director Iris Yen reported receiving 60,662 restricted stock units as an equity award. Each RSU represents one share of Class A common stock, granted at no cash cost, under Petco’s 2021 Equity Incentive Plan, increasing her reported direct holdings after the grant.
What are the terms of the 60,662 RSUs granted to Petco (WOOF) director Iris Yen?
The 60,662 RSUs granted to Iris Yen each represent the right to receive one share of Petco Class A common stock. These units were issued under the 2021 Equity Incentive Plan and will vest on the earlier of the next annual shareholder meeting or June 30, 2027.
When will the RSUs granted to Petco (WOOF) director Iris Yen vest?
The RSUs granted to Iris Yen will vest on the earlier of Petco’s next annual shareholder meeting or June 30, 2027. Vesting means she will then receive the underlying Class A common shares associated with the restricted stock units, assuming she satisfies applicable conditions.
How is the Yen-Geniblazo Family Trust involved in Iris Yen’s Petco (WOOF) holdings?
The filing shows 1,983 Petco Class A shares held indirectly by the Yen-Geniblazo Family Trust. This indicates a portion of Iris Yen’s reported ownership is through the trust, categorized as indirect ownership, in addition to her directly held shares reported after the RSU grant.
AI-generated analysis. How Rhea-AI works. Not financial advice.
