Petco director granted 60,662 RSUs in stock award
Murphy Glenn reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Murphy Glenn reported acquisition or exercise transactions in this Form 4 filing.
Petco Health & Wellness Company, Inc. director Glenn Murphy reported an equity award of Class A common stock. He received 60,662 restricted stock units (RSUs) at a price of $0.00 per share, granted under the Petco Health and Wellness Company, Inc. 2021 Equity Incentive Plan.
Each RSU represents one share of Class A common stock and will vest on the earlier of the company’s next annual shareholder meeting or June 30, 2027. Following this award, Murphy directly holds 1,060,662 Class A shares and has an additional 1,470,589 shares reported as indirectly owned through GSSB Corporation.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 60,662 shares
Grant/Award
2 txns
Insider
Murphy Glenn
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 — 1,060,662 shares (Direct);
Class A Common Stock — 1,470,589 shares (Indirect, By GSSB Corporation)
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
Grant price: $0.00 per share
Direct holdings after grant: 1,060,662 shares
+2 more
5 metrics
RSU grant size
60,662 RSUs
Restricted stock units granted under 2021 Equity Incentive Plan
Grant price
$0.00 per share
RSU award on Class A Common Stock
Direct holdings after grant
1,060,662 shares
Class A Common Stock held directly after transaction
Indirect holdings
1,470,589 shares
Class A Common Stock held indirectly through GSSB Corporation
RSU vesting deadline
June 30, 2027
RSUs vest earlier of next annual meeting or this date
Key Terms
restricted stock units ("RSUs"), 2021 Equity Incentive Plan, Class A common stock, indirect ownership, +1 more
5 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 1470589.0000, direct_or_indirect I, nature_of_ownership By GSSB Corporation"
grant, award, or other acquisition financial
"transaction_code_description Grant, award, or other acquisition"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Glenn Murphy report at Petco (WOOF)?
Glenn Murphy reported an acquisition of 60,662 restricted stock units (RSUs) of Petco Class A common stock at $0.00 per share. This is a compensation-related equity award, not an open-market stock purchase or sale.
How do Glenn Murphy’s new RSUs at Petco (WOOF) vest?
The 60,662 RSUs granted to Glenn Murphy will vest on the earlier of Petco’s next annual shareholder meeting or June 30, 2027. Once vested, each RSU converts into one share of Class A common stock.
Is Glenn Murphy’s Petco (WOOF) transaction an open-market buy or sale?
The filing shows a grant/award acquisition, not an open-market trade. Code “A” and a price of $0.00 per share indicate compensation in the form of RSUs, rather than shares bought or sold in the market.
What does each RSU granted to Glenn Murphy at Petco (WOOF) represent?
Each of the 60,662 RSUs represents the right to receive one share of Petco Class A common stock. After vesting, the RSUs convert into actual shares, aligning Murphy’s compensation with shareholder value.
AI-generated analysis. How Rhea-AI works. Not financial advice.
