Petco (WOOF) executive has 22,308 RSU shares withheld for tax liability
Rhea-AI Filing Summary
Petco Health & Wellness Company, Inc. executive Giovanni Insana reported a tax-withholding disposition of restricted stock units, not an open-market sale. On April 15, 2026, 22,308 shares of Class A common stock were withheld at $2.80 per share to cover tax obligations on vesting RSUs granted April 15, 2024 under the 2021 Equity Incentive Plan.
Following this transaction, Insana directly holds 397,347 shares of Class A common stock, which includes 205,612 outstanding RSUs, each representing the right to receive one share when settled. This filing reflects routine equity compensation and related tax treatment.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 22,308 shares
Net Sell
1 txn
Insider
Insana Giovanni
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 22,308 | $2.80 | $62K |
Holdings After Transaction:
Class A Common Stock — 397,347 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 April 15, 2024 pursuant to the Petco Health and Wellness Company, Inc. 2021 Equity Incentive Plan (as amended, the "2021 Plan"), and a portion vested on April 15, 2026.
- F2. Includes 205,612 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
Shares withheld for taxes: 22,308 shares
Withholding price per share: $2.80 per share
Shares held after transaction: 397,347 shares
+2 more
5 metrics
Shares withheld for taxes
22,308 shares
Tax-withholding disposition of RSUs on April 15, 2026 at $2.80
Withholding price per share
$2.80 per share
Value used for RSU tax-withholding disposition
Shares held after transaction
397,347 shares
Direct Class A common stock holdings following Form 4 transaction
Outstanding RSUs
205,612 RSUs
Restricted stock units granted under the 2021 Equity Incentive Plan
RSU grant date
April 15, 2024
Grant date of RSUs that partially vested on April 15, 2026
Key Terms
restricted stock units, tax liability, 2021 Equity Incentive Plan, Class A common stock
4 terms
restricted stock units financial
"The transaction reported reflects the withholding of restricted stock units ("RSUs") in satisfaction"
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.
tax liability financial
"withholding of restricted stock units ("RSUs") in satisfaction of the Reporting Person's tax liability"
2021 Equity Incentive Plan financial
"pursuant to the Petco Health and Wellness Company, Inc. 2021 Equity Incentive Plan (as amended, the "2021 Plan")"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Giovanni Insana report in the latest Petco (WOOF) Form 4 filing?
Giovanni Insana reported a tax-withholding disposition of restricted stock units, where 22,308 shares of Petco Class A common stock were withheld at $2.80 per share to satisfy tax liabilities from RSUs vesting under the 2021 Equity Incentive Plan.
What are Giovanni Insana’s Petco (WOOF) holdings after the reported transaction?
After the tax-withholding transaction, Giovanni Insana directly holds 397,347 shares of Petco Class A common stock. This total includes 205,612 outstanding restricted stock units, each representing the right to receive one share when settled in stock.
What role do RSUs play in Giovanni Insana’s Petco (WOOF) equity compensation?
RSUs are a key part of Insana’s compensation, with 205,612 outstanding RSUs granted under Petco’s 2021 Equity Incentive Plan. Each restricted stock unit represents a right to receive one share of Class A common stock upon vesting and settlement.
When were the RSUs in the Petco (WOOF) Form 4 granted and when did they vest?
The RSUs were granted on April 15, 2024 under Petco’s 2021 Equity Incentive Plan. A portion of these restricted stock units vested on April 15, 2026, triggering the tax-withholding disposition of 22,308 shares to satisfy related tax liabilities.