Form 4: Petco Director Iris Yen Increases Stake with Significant Stock Acquisition

Petco Health & Wellness Company, Inc. Director Iris Yen acquired 20,576 shares of Class A Common Stock at $2.47 per share, increasing her direct beneficial ownership.

Summary

• Iris Yen, a Director of Petco Health & Wellness Company, Inc. (WOOF), acquired shares of the company's stock.
• The transaction took place on June 20, 2025.
• She acquired 20,576 shares of Class A Common Stock.
• The acquisition price was $2.47 per share.
• Following this transaction, her direct beneficial ownership totals 102,365 shares, which includes 49,254 outstanding Restricted Stock Units (RSUs) granted under the 2021 Plan.
• Additionally, she holds an indirect beneficial ownership of 1,983 shares through the Yen-Geniblazo Family Trust.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director is generally viewed positively as it indicates confidence in the company's future performance and aligns management interests with shareholders.

Positives

• Director Iris Yen's acquisition of 20,576 shares signals increased confidence in Petco's future prospects.
• The transaction increases her direct beneficial ownership to 102,365 shares, further aligning her interests with those of the company's shareholders.

Future Outlook

This SEC Form 4 filing is a disclosure of an insider transaction and does not contain forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing reports an insider transaction by a director of Petco Health & Wellness Company, Inc. While not directly indicative of broader industry trends, insider buying can sometimes reflect management's confidence in the company's position within its sector, particularly in the pet care and wellness industry.

Stakeholder Impact

• Shareholders: The acquisition by a director may be perceived as a positive signal, potentially boosting investor confidence and influencing stock price.

Key Dates

Keywords

Petco, WOOF, stock acquisition, insider trading, Form 4, beneficial ownership, director, equity, shares