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PetMeds grants CEO Willard 250,000 restricted shares, 250,000 performance share units under inducement plan

PUBT·10/02/2026 20:05:45
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PetMeds grants CEO Willard 250,000 restricted shares, 250,000 performance share units under inducement plan
  • PetMed Express granted equity awards to newly hired CEO Jeff Willard, including 250,000 restricted shares and 250,000 performance share units.
  • Willard’s restricted stock vests in three equal annual installments starting on the first anniversary of the Sept. 28, 2026 grant date.
  • Willard’s PSUs convert to common shares based on total shareholder return versus the S&P 600 Specialty Retail Index through Sept. 27, 2029.
  • New CTO Andrew Parry received 100,000 restricted shares on Oct. 1, 2026, vesting over three years in equal annual installments.
  • Awards were made under the 2024 Inducement Incentive Plan, amended and restated, following a September 2026 amendment.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PetMed Express Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610021605PRIMZONEFULLFEED9838836) on October 02, 2026, and is solely responsible for the information contained therein.