Petco health + wellness company, inc. announces inducement grants under nasdaq listing rule 5635(c)(4)

San diego , march 6, 2025 /prnewswire/ -- petco health and wellness company, inc. (nasdaq: woof) today announced that it has granted inducement equity awards on march 4, 2025 (the "grant date") to its newly-hired chief customer and product officer, michael romanko, as a material inducement to the employment of mr. romanko. the inducement awards consist of (i) 1,321,139 restricted stock units, (ii) 323,835 target performance stock units, and (iii) non-qualified stock options to purchase 393,082 shares of petco's class a common stock, with an exercise price of $2.46.
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