Form 4: Wag! Group Co. Executive Adam Storm Sells Shares in Multiple Transactions

Adam Storm, President & Chief Product Officer of Wag! Group Co., sold a portion of his common stock holdings in a series of transactions between June 14 and June 18, 2024.

Summary

• Adam Storm, the President & Chief Product Officer of Wag! Group Co., reported the sale of common stock in three separate transactions.
• On June 14, 2024, he sold 7,812 shares at a weighted average price of $1.54, with individual prices ranging from $1.53 to $1.56.
• On June 17, 2024, he sold 7,477 shares at a weighted average price of $1.49, with individual prices ranging from $1.42 to $1.56.
• On June 18, 2024, he sold 4,404 shares at a weighted average price of $1.45, with individual prices ranging from $1.43 to $1.48.
• Following these transactions, Adam Storm directly owns 1,317,387 shares of Wag! Group Co. common stock.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock sales by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Executive stock sales are a common occurrence and are publicly disclosed to ensure transparency. The reasons for the sale are not disclosed in this filing and could be for personal financial planning.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders, potentially causing a slight decrease in stock price due to increased supply.

Key Dates