PETMED EXPRESS INC·4

Jan 23, 4:37 PM ET

FULGONI GIAN 4

Research Summary

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Petmed Express (PETS) Director Gian Fulgoni Forfeits 26,057 Shares

What Happened
Gian Fulgoni, a director of Petmed Express, reported a disposition to the issuer (code D) on Jan 21, 2026: 26,057 restricted shares were forfeited back to the company at $0.00 per share (total proceeds $0). The filing notes these were a portion of restricted shares granted on October 30, 2025 and were automatically forfeited due to termination of director service effective January 21, 2026.

Key Details

  • Transaction date: 2026-01-21; Filing date: 2026-01-23 (filed within the normal reporting window).
  • Transaction type/code: Disposition to issuer (D) — forfeiture of restricted shares.
  • Shares affected: 26,057 shares; Price: $0.00; Proceeds: $0.
  • Shares owned after transaction: not disclosed in this Form 4.
  • Footnote: Automatic forfeiture per the applicable award agreement due to termination of director service (grant date Oct 30, 2025).

Context
This was a forfeiture of restricted stock tied to board service, not an open-market sale — no cash was received and it does not reflect a market trade or trading intent. For retail investors, forfeitures upon termination are administrative and typically don’t provide insight into future company performance.