Tax withholding trims Petco (WOOF) CFO RSU-related share holdings
Rhea-AI Filing Summary
Petco Health & Wellness Company, Inc. Chief Financial Officer Sabrina Simmons reported tax-related share dispositions of Class A common stock. On March 4, 2026, she delivered 125,036 shares and 65,548 shares at $2.65 per share to satisfy tax liabilities tied to vested restricted stock units.
After these tax-withholding dispositions, she directly owned 1,312,281 shares of Class A common stock. A footnote states this total includes 939,027 outstanding restricted stock units granted under Petco’s 2021 Equity Incentive Plan, each representing the right to receive one share of Class A common stock.
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Insider Trade Summary
Net Seller: 190,584 shares
Net Sell
2 txns
Insider
SIMMONS SABRINA
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 125,036 | $2.65 | $331K |
| Exercise Price or Tax Liability | Class A Common Stock | 65,548 | $2.65 | $174K |
Holdings After Transaction:
Class A Common Stock — 1,312,281 shares (Direct)
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 vested on March 4, 2026.
- F2. Includes 939,027 outstanding RSUs granted under the 2021 Plan. Each RSU represents the right to receive one share of Class A common stock of the Issuer.
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FAQ
What insider activity did Petco (WOOF) report for CFO Sabrina Simmons?
Petco reported that CFO Sabrina Simmons disposed of shares to cover taxes from vested RSUs. The Form 4 identifies these as tax-withholding dispositions of Class A common stock, rather than open-market sales, tied to equity granted under the company’s 2021 Equity Incentive Plan.
Were the Petco (WOOF) CFO’s transactions open-market sales?
No, the transactions are described as tax-withholding dispositions, not open-market sales. The shares were withheld to satisfy Sabrina Simmons’ tax liabilities on restricted stock units that vested under Petco’s 2021 Equity Incentive Plan, according to the Form 4 footnote disclosure.
What equity plan governs the Petco (WOOF) CFO’s RSU awards?
The restricted stock units mentioned in the Form 4 were granted under the Petco Health and Wellness Company, Inc. 2021 Equity Incentive Plan. The RSUs were granted on March 4, 2025 and vested on March 4, 2026, leading to the tax-withholding share dispositions reported by the CFO.