Petco executive reports tax-withholding share disposition
Petco Health & Wellness Company, Inc. executive Michael Romanko reported a Form 4 transaction showing a tax-related share disposition.
Rhea-AI Filing Summary
Petco Health & Wellness Company, Inc. executive Michael Romanko reported a Form 4 transaction showing a tax-related share disposition. On March 4, 2026, 130,194 shares of Class A common stock were withheld at a price of $2.65 per share to satisfy his tax liability on vested restricted stock units granted under the 2021 Equity Incentive Plan. After this withholding, he directly owned 1,190,945 shares of Class A common stock, and this amount includes 871,952 outstanding restricted stock units, each representing the right to receive one share.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 130,194 | $2.65 | $345K |
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 871,952 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
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What insider transaction did Petco (WOOF) executive Michael Romanko report?
What restricted stock units (RSUs) are reported for Michael Romanko at Petco (WOOF)?
Which equity plan governs the reported RSUs for Petco (WOOF) executive Michael Romanko?
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