Form 4: Petco CFO Sabrina Simmons Disposes Shares for Tax Liability

Petco Health & Wellness Company, Inc. Chief Financial Officer Sabrina Simmons disposed of 17,574 shares of Class A Common Stock at $4.36 per share to satisfy tax obligations related to vested restricted stock units.

Summary

• Sabrina Simmons, Chief Financial Officer of Petco Health & Wellness Company, Inc. (WOOF), reported a transaction involving Class A Common Stock.
• On July 24, 2025, 17,574 shares were disposed of at a price of $4.36 per share.
• This disposition was a withholding of restricted stock units (RSUs) to satisfy the reporting person's tax liability.
• The RSUs were originally granted on July 29, 2024, under the Petco Health and Wellness Company, Inc. 2021 Equity Incentive Plan, and vested on July 24, 2025.
• Following this transaction, Sabrina Simmons beneficially owns 1,502,865 shares, which includes 1,422,766 outstanding RSUs granted under the 2021 Plan.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary transaction related to executive compensation (tax withholding on vested RSUs), which has a neutral impact on the company's operational or financial outlook.

Positives

• None directly identified as this is a routine tax-related transaction.

Negatives

• None directly identified as this is a routine tax-related transaction.

Risks

• No new risks or future challenges are disclosed in this Form 4 filing.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4 filing.

Industry Context

This Form 4 filing details a routine executive compensation event, specifically the disposition of shares to cover tax liabilities upon the vesting of restricted stock units, which is a common practice across industries and does not reflect broader industry trends or competitive positioning.

Related Party Transactions

• No unusual related party dealings beyond standard executive equity compensation tax withholding.

Stakeholder Impact

• Minimal impact on shareholders, employees, customers, suppliers, or creditors, as this is a routine administrative transaction related to executive compensation.

Next Steps

• No specific future actions, events, or milestones are mentioned in this Form 4 filing.

Key Dates

Keywords

Petco, WOOF, SEC Form 4, Insider Transaction, Executive Compensation, Restricted Stock Units, RSU, Tax Withholding, Sabrina Simmons