Anderson Joel D 4

What Happened
Joel D. Anderson, CEO of Petco Health & Wellness Company (WOOF), acquired 2,861 shares on May 1, 2026 at $2.45 per share (total value ≈ $7,009). The shares were purchased under Petco’s 2021 Employee Stock Purchase Plan and reported on a Form 4 filed May 5, 2026. This was an acquisition/award transaction (code A), a purchase under an employee plan rather than an open-market buy.

Key Details

• Transaction date: 2026-05-01; reported price: $2.45 per share; total value: $7,009.
• Transaction type: Grant/award/acquisition under the 2021 Employee Stock Purchase Plan (ESPP).
• Footnote: The purchase was exempt under Rule 16b-3(d) and 16b-3(c) (permitted plan transaction).
• Shares owned following transaction: filing notes that it includes 1,879,053 outstanding restricted stock units (RSUs) granted under the 2021 Equity Incentive Plan (each RSU = right to one share). The filing does not separately state a full total of all common shares beneficially owned.
• Filing timeliness: Report filed 2026-05-05 for a 2026-05-01 transaction; this is within the usual Form 4 reporting window (timely).

Context
This was an employee-plan acquisition rather than a market purchase or sale; such ESPP purchases are common for employees and are treated as routine, permitted transactions under Rule 16b-3. RSUs referenced in the filing represent future rights to shares (not immediately tradable stock unless vested).