Form 4: Petco Legal Officer's RSU Tax Withholding

Sentiment:

Insider Transaction Report


Petco Health & Wellness Company's Chief Legal Officer, Giovanni Insana, reported a disposition of 1,545 Class A Common Stock shares for tax withholding upon RSU vesting.

Summary

  • Giovanni Insana, Chief Legal Officer and Secretary of Petco Health & Wellness Company, Inc. (WOOF), reported a transaction on October 10, 2025.
  • The transaction involved the disposition of 1,545 shares of Class A Common Stock.
  • This disposition was for tax withholding purposes related to the vesting of Restricted Stock Units (RSUs).
  • The RSUs were granted on April 10, 2023, under the Petco Health and Wellness Company, Inc. 2021 Equity Incentive Plan, with a portion vesting on October 10, 2025.
  • The price per share for the disposed securities was $3.75.
  • Following this transaction, Giovanni Insana beneficially owns 467,519 shares of Class A Common Stock, which includes 366,085 outstanding RSUs.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary transaction for tax withholding upon RSU vesting, which is neutral in terms of company performance or outlook.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This is a routine insider transaction related to executive compensation and tax obligations, which does not provide specific insights into broader industry trends or competitive landscape.

Stakeholder Impact

  • Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes and does not reflect a change in management's discretionary holdings or confidence in the company.

Key Dates

DateDescription
04/10/2023Date Restricted Stock Units (RSUs) were granted to Giovanni Insana under the 2021 Equity Incentive Plan.
10/10/2025Date of transaction and vesting of a portion of RSUs; 1,545 shares disposed for tax liability.
10/14/2025Signature date of the reporting person on the Form 4 filing.

Keywords

Petco, WOOF, Form 4, Insider Transaction, RSU, Stock, Giovanni Insana, Tax Withholding

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