Form 4: Wag! Group CEO Garrett Smallwood Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Garrett Smallwood, CEO of Wag! Group Co., disposed of 80,527 shares to cover income tax obligations related to RSU settlement.
Summary
- On May 19, 2025, Garrett Smallwood, the CEO of Wag! Group Co., disposed of 80,527 shares of common stock.
- The transaction was executed to satisfy income tax and withholding obligations related to the net settlement of Restricted Stock Units (RSUs).
- The shares were disposed of at a price of $0.14 per share.
- Following the transaction, Smallwood directly owns 917,902 shares of Wag! Group Co.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock disposal for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, ensuring transparency in the market.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the disposal of shares by the CEO, but it is primarily related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/19/2025 | Date of the share disposal transaction. |
| 05/20/2025 | Date of signature for the Form 4 filing. |
Keywords
Wag! Group Co., Garrett Smallwood, CEO, Form 4, Share Disposal, RSU Settlement, Tax Obligations, Beneficial Ownership
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