secwatch.observer — SEC 8-K summary
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Issuer:     PETMED EXPRESS INC (PETS)
CIK:        0001040130
Form:       8-K
Filed at:   2024-04-29T23:59:59+00:00
Accession:  0001040130-24-000022
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PetMed Express names Sandra Campos CEO; Hulett resigns with severance
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- Matt Hulett resigned as CEO, President, and director on April 29; will remain as advisor through Aug 30.
- Sandra Campos, previously a board member, appointed CEO and President effective immediately; remains on board.
- Campos receives $550K base salary, $120K signing bonus, target bonus 100% of base, and $2M initial RSU grant.
- Hulett receives severance through Aug 30: base salary continuation, COBRA reimbursement, and accelerated vesting of 30,000 restricted shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1040130/000104013024000022/0001040130-24-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1040130/000104013024000022/pets-20240429.htm
  HTML page:      https://secwatch.observer/filing/0001040130-24-000022

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer