Insana Giovanni 4

What Happened

• Giovanni Insana, Chief Legal Officer and Secretary of Petco Health & Wellness (WOOF), had 24,044 restricted stock units (RSUs) withheld to satisfy a tax liability on March 4, 2026. The withholding was reported as a disposition at $2.65 per share for an aggregate value of $63,717.
• This was a tax-withholding/cashless settlement of vested RSUs (transaction code F), not an open-market sale or a purchase.

Key Details

• Transaction date: March 4, 2026; price used for withholding: $2.65; shares withheld: 24,044; aggregate value: $63,717.
• Shares/RSUs noted after transaction: footnote reports 261,756 outstanding RSUs (each RSU = right to one share) granted under the 2021 Equity Incentive Plan.
• Footnotes: The RSUs were granted March 4, 2025 under the 2021 Plan; a portion vested March 4, 2026 and shares were withheld to cover tax withholding.
• Filing: Form 4 filed March 6, 2026 (appears timely for a March 4 transaction).

Context

• Withholding of vested RSUs to cover taxes is routine and reflects payroll/tax obligations rather than a discretionary sell decision by the insider. The withheld shares reduce the net shares delivered upon vesting.