BRIGGS GARY S 4
4 · Petco Health & Wellness Company, Inc. · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Petco Director Gary S. Briggs Receives 60,662 RSU Award
What Happened
Gary S. Briggs, a director of Petco Health & Wellness Company, Inc. (WOOF), was granted 60,662 restricted stock units (RSUs) on June 30, 2026. The filing shows an acquisition at $0.00 per RSU (no cash paid); each RSU represents the right to receive one share of Class A common stock upon vesting.
Key Details
- Transaction date: 2026-06-30; reported on Form 4 filed 2026-07-02 (timely filing).
- Grant type/code: Award/Grant (A) — 60,662 RSUs at $0.00.
- Vesting: RSUs vest on the earlier of (i) the issuer’s next annual shareholder meeting or (ii) June 30, 2027.
- Each RSU converts to one share of Class A common stock upon vesting.
- Shares owned after the transaction are not specified in the provided excerpt.
- Remark on filing: Exhibit 24.1 (Power of Attorney) noted in the filing.
Context
RSU grants are compensation awards, not open-market purchases or sales. They do not require an upfront cash payment; value to the holder depends on Petco’s share price at vesting. This grant is a standard equity award to a director and should be interpreted as compensation rather than a direct buy/sell signal.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-06-30+60,662→ 223,423 total
Footnotes (1)
- [F1]Represents 60,662 restricted stock units ("RSUs") granted under the Petco Health and Wellness Company, Inc. 2021 Equity Incentive Plan, as amended. Each RSU represents the right to receive one share of Class A common stock of the Issuer. The RSUs will vest on the earlier to occur of (i) the Issuer's next annual shareholder meeting or (ii) June 30, 2027.