Petco (WOOF) Chief Legal Officer Giovanni Insana Sells 22,308 Shares

What Happened Giovanni Insana, Chief Legal Officer and Secretary of Petco Health & Wellness (WOOF), had 22,308 restricted stock units (RSUs) withheld and disposed to satisfy a tax obligation. The shares were withheld at an effective price of $2.80 per share, resulting in a cash value of approximately $62,462. The RSUs subject to withholding vested on April 15, 2026; the original grant date was April 15, 2024.

Key Details

• Transaction date: April 15, 2026; Form 4 filed April 17, 2026 (appears timely).
• Action: Tax withholding on vested RSUs (transaction code F).
• Shares withheld/disposed: 22,308 shares at $2.80 each — total ≈ $62,462.
• Holdings noted: Footnote reports 205,612 outstanding RSUs under the 2021 Equity Incentive Plan (each RSU equals one share).
• Nature: Withholding to satisfy tax liability (routine, not an open-market sale).

Context

• This was a tax-withholding/cashless-type disposition of vested RSUs, a common administrative step that does not necessarily indicate a personal decision to sell shares for investment reasons.
• The RSUs were granted under Petco’s 2021 Equity Incentive Plan and a portion vested on the reported date; remaining outstanding RSUs (per footnote) may convert to shares in the future.