Romanko Michael 4

What Happened
Michael Romanko, Petco's Chief Customer and Product Officer, had 130,194 restricted stock units (RSUs) withheld to satisfy his tax liability on RSUs that vested March 4, 2026. The withheld RSUs were valued at $2.65 each, totaling $345,014. This was a tax-withholding disposal of shares (not an open-market sale).

Key Details

• Transaction date: March 4, 2026. Report filed: March 6, 2026 (timely).
• Action: Tax withholding of RSUs (transaction code F); 130,194 RSUs withheld at $2.65 each = $345,014.
• Holdings reported: filing notes 871,952 outstanding RSUs granted under the 2021 Equity Incentive Plan (each RSU = the right to one share).
• Footnote: RSUs were granted March 4, 2025 and a portion vested March 4, 2026; withholding satisfied the tax liability.
• Filing timeliness: Filed within two days of the transaction (not noted as late).

Context
This was a routine tax-withholding event (common when RSUs vest) rather than a discretionary open-market sale; withheld RSUs are surrendered to cover taxes and do not necessarily indicate a change in the insider's view of the company.