Petco (WOOF) Chief Legal Officer Insana Giovanni Withholds 10,688 RSUs

What Happened

• Insana Giovanni, Chief Legal Officer and Secretary of Petco Health & Wellness (WOOF), had 10,688 restricted stock units (RSUs) withheld to satisfy tax withholding obligations. The withheld RSUs were valued at $2.52 each, totaling $26,934, and were disposed on September 4, 2026. This is an administrative tax-withholding transaction (code F), not an open-market sale.

Key Details

• Transaction date: September 4, 2026
• Price per share: $2.52; Shares withheld/disposed: 10,688; Total value: $26,934
• Shares/RSUs remaining: Reporting notes 180,460 outstanding RSUs (each convertible to one share)
• Footnotes: RSUs were originally granted March 4, 2025 under the 2021 Equity Incentive Plan; a portion vested on September 4, 2026
• Filing: Form 4 was filed September 9, 2026 (five days after the transaction). This may be later than the standard two-business-day Form 4 filing window.

Context

• This was a tax-withholding (cashless) disposition of vested RSUs — a routine administrative event when equity awards vest and taxes are due. Such withholdings are common and do not necessarily signal the insider’s view on the company’s stock.