RSU grant boosts Petco (NASDAQ: WOOF) director Cameron Breitner’s holdings
Rhea-AI Filing Summary
Breitner Cameron reported acquisition or exercise transactions in this Form 4 filing.
Petco Health & Wellness Company director Cameron Breitner reported an equity award and updated holdings. Breitner received 60,662 restricted stock units (RSUs) of Class A common stock as a grant under Petco’s 2021 Equity Incentive Plan, with no purchase price.
Each RSU equals one share and will vest on the earlier of Petco’s next annual shareholder meeting or June 30, 2027. After the grant, Breitner holds 153,338 Class A shares directly and 750,000 shares indirectly through an LLC jointly owned with his spouse, reflecting a prior transfer from a trust that did not change his beneficial ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 60,662 shares
Net Buy
2 txns
Insider
Breitner Cameron
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 — 153,338 shares (Direct);
Class A Common Stock — 750,000 shares (Indirect, By LLC)
Footnotes (2)
- 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.
- F2. On November 28, 2025, the shares previously held by a trust were transferred to an LLC owned 50% by the Reporting Person and 50% by the Reporting Person's spouse. The transfer did not result in any change in the Reporting Person's beneficial ownership of the shares.
Key Figures
RSU grant size: 60,662 RSUs
RSU vesting date: Earlier of next annual meeting or June 30, 2027
RSU grant price: $0.0000 per share
+3 more
6 metrics
RSU grant size
60,662 RSUs
Restricted stock units granted under 2021 Equity Incentive Plan
RSU vesting date
Earlier of next annual meeting or June 30, 2027
Vesting condition for granted RSUs
RSU grant price
$0.0000 per share
Stated transaction price for RSU grant
Direct holdings after grant
153,338 shares
Class A common stock held directly following transactions
Indirect LLC holdings
750,000 shares
Class A common stock held indirectly through an LLC
Prior trust transfer date
November 28, 2025
Date shares moved from trust to LLC without changing beneficial ownership
Key Terms
restricted stock units ("RSUs"), 2021 Equity Incentive Plan, beneficial ownership, Class A common stock, +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"
beneficial ownership financial
"The transfer did not result in any change in the Reporting Person's beneficial ownership of the shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
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.
LLC financial
"transferred to an LLC owned 50% by the Reporting Person and 50% by the Reporting Person's spouse"
A limited liability company (LLC) is a legal business structure that shields owners’ personal assets from the company’s debts and legal claims while letting the business operate with flexible management rules. For investors, an LLC matters because it changes how risk, taxes and ownership transfers work—profits often flow through to owners’ personal tax returns and liability is typically limited, so investing in an LLC is like putting a financial firewall between your personal finances and the business.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Petco (WOOF) director Cameron Breitner report in this Form 4?
Cameron Breitner reported receiving 60,662 restricted stock units (RSUs) of Petco Class A common stock as a compensation grant and updated his direct and indirect share holdings, including shares held through an LLC jointly owned with his spouse.
How many Petco (WOOF) RSUs were granted to Cameron Breitner and when do they vest?
Breitner was granted 60,662 restricted stock units. These RSUs vest on the earlier of Petco’s next annual shareholder meeting or June 30, 2027, at which point each vested RSU converts into one share of Class A common stock.
Was Cameron Breitner’s Petco (WOOF) RSU grant an open-market stock purchase?
No, the 60,662 RSUs reported were a grant under Petco’s 2021 Equity Incentive Plan at a stated price of $0.0000 per unit, meaning they are a compensation award rather than an open-market stock purchase transaction.
What does the LLC holding mean in Cameron Breitner’s Petco (WOOF) Form 4?
The filing states that shares previously held by a trust were transferred on November 28, 2025 to an LLC owned 50% by Breitner and 50% by his spouse, and that this transfer did not change Breitner’s beneficial ownership of those shares.