Form 4: Wag! Group Co. Executive Adam Storm Sells Shares Under 10b5-1 Trading Plan

Adam Storm, President & Chief Product Officer of Wag! Group Co., sold a total of 16,365 shares of common stock on May 21 and May 22, 2024, under a pre-arranged 10b5-1 trading plan.

Summary

• Adam Storm, the President & Chief Product Officer of Wag! Group Co., reported the sale of company stock.
• On May 21, 2024, he sold 7,565 shares of common stock at a weighted average price of $1.8, with individual prices ranging from $1.74 to $1.84.
• On May 22, 2024, he sold 8,800 shares of common stock at a weighted average price of $1.72, with individual prices ranging from $1.68 to $1.77.
• These transactions were executed under a Rule 10b5-1 trading plan adopted on February 16, 2024.
• Following these sales, Adam Storm still beneficially owns 1,334,579 shares of Wag! Group Co. common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock sales by an executive under a pre-arranged trading plan. It doesn't inherently convey positive or negative sentiment about the company's performance.

Future Outlook

There is no future outlook provided in this document.

Industry Context

This filing is a routine disclosure of stock sales by a company executive and doesn't provide specific insights into broader industry trends. However, monitoring executive stock transactions is a common practice for investors to gauge management's sentiment about the company's prospects.

Stakeholder Impact

• The stock sales could have a minor impact on shareholders, potentially creating slight downward pressure on the stock price in the short term.

Key Dates