secwatch.observer — SEC 8-K summary
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Issuer:     Petco Health & Wellness Company, Inc. (WOOF)
CIK:        0001826470
Form:       8-K/A
Filed at:   2022-09-02T23:59:59+00:00
Accession:  0001564590-22-030957
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Petco discloses separation agreement with departing officer Michael Nuzzo
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- Lump sum cash payment of $1,318,015 covering 18 months base salary, health premiums, and 50% of target FY2022 bonus.
- Accelerated vesting of 2,472,055 Common Series C Units in Scooby LP.
- Scooby LP waived its call right on Nuzzo's Common Series C and B Units.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1826470/000156459022030957/0001564590-22-030957-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1826470/000156459022030957/woof-8ka_20220808.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-030957

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