Venezia Patrick J 4

What Happened Patrick J. Venezia, Chief Revenue Officer of Petco Health & Wellness Company (WOOF), had 32,792 restricted stock units (RSUs) withheld to satisfy his tax liability. The withheld RSUs were reported as disposed at an effective price of $2.65 per share, for a total value of $86,899. The RSUs were part of a grant made March 4, 2025 and a portion vested on March 4, 2026.

Key Details

• Transaction date: March 4, 2026; filing date: March 6, 2026 (filed within the Form 4 reporting window).
• Transaction type: Tax withholding of RSUs (Code F) — 32,792 shares withheld at $2.65 each = $86,899.
• Shares/units reported after transaction: the filing notes 398,832 outstanding RSUs under the 2021 Equity Incentive Plan (each RSU converts to one share upon settlement).
• Footnotes: F1 confirms withholding satisfied tax liability for RSUs granted 3/4/2025 and partially vested 3/4/2026; F2 notes the 398,832 RSUs outstanding.
• No indication of a 10b5-1 plan or other trading arrangement in this filing.

Context This transaction is a routine tax-withholding disposition that commonly occurs when equity awards vest; the company retains (withholds) shares to cover the recipient’s tax bill. Such withholding sales are administrative and do not necessarily signal the insider’s view on the company’s stock.