Petco CFO has 119K shares withheld for taxes
Petco CFO Sabrina Simmons reported tax-withholding dispositions tied to RSU vesting, not open-market sales, under the company’s 2021 equity plan.
Rhea-AI Filing Summary
Petco Health & Wellness Company, Inc. (WOOF) reported that Chief Financial Officer Sabrina Simmons had 119,445 shares of Class A common stock withheld on September 4, 2026 to pay tax liabilities arising from vesting restricted stock units (RSUs), in two code F transactions at $2.52 per share. These RSUs were granted on March 4, 2025 under the company’s 2021 Equity Incentive Plan, and a portion vested on September 4, 2026; no Rule 10b5-1 trading plan is reported.
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Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1 | 85,318 | $2.52 | $215K |
| Tax Withholding | Class A Common Stock F1, F2 | 34,127 | $2.52 | $86K |
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 September 4, 2026.
- F2. Includes 704,271 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
Key Terms
restricted stock units ("RSUs") financial
2021 Equity Incentive Plan financial
tax liability financial
withholding of restricted stock units financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Petco (WOOF) report for CFO Sabrina Simmons?
Were the recent WOOF insider transactions by the CFO open-market sales?
What is the origin of the RSUs involved in the WOOF CFO’s September 2026 transaction?
How many RSUs does the Petco (WOOF) CFO still hold under the 2021 Plan?
Were the WOOF CFO’s September 4, 2026 transactions under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.