Chefs' Warehouse (NASDAQ: CHEF) CEO sells 100K shares in open-market trades
Rhea-AI Filing Summary
Chefs' Warehouse, Inc. (CHEF) President and CEO Christopher Pappas reported selling a total of 100,000 shares of common stock on August 14, 2026, in open-market or private transactions. The sales were executed in two blocks at weighted average prices of $110.469 and $109.7527 per share, with price ranges detailed in the notes. He also reports 24,793 shares held indirectly "By GRATs." These transactions were not reported as made under a Rule 10b5-1 trading plan.
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Insights
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Insider Trade Summary
Net Seller: 100,000 shares
Net Sell
3 txns
Insider
Pappas Christopher
Role
President and CEO
Sold
100,000 shs ($11.01M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 50,000 | $110.469 | $5.52M |
| Sale | Common Stock F2 | 50,000 | $109.7527 | $5.49M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,105,480 shares (Direct);
Common Stock — 24,793 shares (Indirect, By GRATs)
Footnotes (2)
- F1. Represents the weighted average sale price of the shares sold ranging from a low of $110 to a high of $110.89 per share. The Reporting Person undertakes, upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, to provide full information regarding the number of shares sold at each separate price.
- F2. Represents the weighted average sale price of the shares sold ranging from a low of $109.70 to a high of $110 per share. The Reporting Person undertakes, upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, to provide full information regarding the number of shares sold at each separate price.
Key Figures
Shares sold (first block): 50,000 shares
Weighted average price (first block): $110.469 per share
Shares sold (second block): 50,000 shares
+3 more
6 metrics
Shares sold (first block)
50,000 shares
Common Stock sold on August 14, 2026 at weighted average price with range $110–$110.89
Weighted average price (first block)
$110.469 per share
Open-market or private sale of 50,000 Common Stock shares
Shares sold (second block)
50,000 shares
Common Stock sold on August 14, 2026 at weighted average price with range $109.70–$110
Weighted average price (second block)
$109.7527 per share
Open-market or private sale of 50,000 Common Stock shares
Total shares sold
100,000 shares
Aggregate of two reported Common Stock sales on August 14, 2026
Indirect holdings by GRATs
24,793 shares
Common Stock reported as indirectly owned following the transactions
Key Terms
weighted average sale price, open market or private transaction, GRATs
3 terms
weighted average sale price financial
"Represents the weighted average sale price of the shares sold ranging"
open market or private transaction financial
"Sale in open market or private transaction"
GRATs financial
"total_shares_following_transaction": "24793.0000" ... "nature_of_ownership": "By GRATs""
FAQ
What insider transaction did CHEF CEO Christopher Pappas report on this Form 4?
Christopher Pappas reported selling 100,000 shares of Chefs' Warehouse (CHEF) common stock on August 14, 2026. The sales were open-market or private transactions executed in two separate blocks at different weighted average prices.
Were Christopher Pappas’s CHEF stock sales under a Rule 10b5-1 trading plan?
No. The filing indicates the Rule 10b5-1 checkbox is not affirmed, meaning the reported transactions were not designated as being made under a Rule 10b5-1 trading plan. No separate footnote describes a trading plan arrangement.
What do the weighted average price footnotes mean in the CHEF Form 4?
Each weighted average price reflects multiple trades within a range on August 14, 2026. For 50,000 shares, trades ranged from $110–$110.89; for the other 50,000, from $109.70–$110. Pappas undertakes to provide full breakdowns upon request.
AI-generated analysis. How Rhea-AI works. Not financial advice.