{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-138218","form_type":"8-K","ticker":"WOOF","cik":"0001826470","company_name":"Petco Health & Wellness Company, Inc.","filed_at":"2024-05-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.445117+00:00","generated_at":"2026-06-02T01:09:54.123524+00:00","sec_items":["1.01","5.02","7.01","9.01"],"event_type":"leadership","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Petco appoints Glenn Murphy Executive Chairman; he invests $2.5M in stock","bullets":["Murphy purchased 1.47M shares at $1.70 via private placement for ~$2.5M; 50% held through 2026, 50% through 2027.","Board expanded to 11; Murphy receives annual base salary of $250K with 100% target bonus.","Inducement awards: 1M RSUs and options for 3.5M-4.25M shares at exercise prices from $2.50 to $10.00, vesting quarterly over 3 years.","Murphy will lead Board search for permanent CEO; brings retail experience from Gap, Shoppers Drug Mart, and Lululemon."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-138218","json":"https://secwatch.observer/filing/0001193125-24-138218.json","markdown":"https://secwatch.observer/filing/0001193125-24-138218.md","text":"https://secwatch.observer/filing/0001193125-24-138218.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1826470/000119312524138218/0001193125-24-138218-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1826470/000119312524138218/d839959d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T01:09:54.123524+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"57f9a389c8","claim":"Glenn Murphy was appointed as Executive Chairman at Petco Health & Wellness Company, Inc..","evidence_excerpt":"The Board appointed Glenn Murphy as Executive Chairman of the Board, effective May 14, 2024","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1826470/000119312524138218/0001193125-24-138218-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Executive Chairman"}],"fact_type":"executive_change"},{"claim_id":"e15371c69341dd5f0abbca5f1ea82fab7ac81e39","claim":"Petco Health & Wellness Company, Inc. entered into Stock Purchase Agreement with GSSB Corporation, an Ontario corporation of which Glenn Murphy is the sole stockholder, and Scooby Aggregator, LP valued at $2,500,001.30 (effective 2024-05-13).","evidence_excerpt":"On May 13, 2024, Petco Health and Wellness Company, Inc. (the “Company”), GSSB Corporation, an Ontario corporation of which Glenn Murphy is the sole stockholder, and Scooby Aggregator, LP, a Delaware limited partnership, entered into a stock purchase agreement (the “Stock Purchase Agreement”) pursuant to which GSSB Corporation purchased 1,470,589 shares (the “Purchased Shares”) of Class A Common Stock, par value $0.001 per share (“Common Stock”), of the Company in a private placement at a price per share equal to $1.70 for a total of $2,500,001.30.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1826470/000119312524138218/0001193125-24-138218-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"GSSB Corporation, an Ontario corporation of which Glenn Murphy is the sole stockholder, and Scooby Aggregator, LP"},{"label":"Value","value":"$2,500,001.30"},{"label":"Effective","value":"2024-05-13"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}