[144] Chewy, Inc. SEC Filing
Form 144 notice filed for Chewy, Inc. (CHWY) reporting a proposed sale of 46,765 Class A shares through Fidelity Brokerage Services with an aggregate market value of $1,622,277.85 and an approximate sale date of 09/15/2025 on the NYSE. The filing shows those shares were acquired as restricted stock vesting on 06/17/2020 (15,000 shares) and 12/14/2020 (31,765 shares) as compensation. The filer disclosed two recent Class A sales in August 2025 totaling 14,694 shares for gross proceeds of $524,850.31. The filer affirms no undisclosed material adverse information and includes the standard Rule 10b5-1/trading-plan notice language.
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Insights
TL;DR: Insider plans to sell a modest stake—disclosed and compliant—likely a routine liquidity event, not a company-level red flag.
The filing reports a proposed disposition of 46,765 Class A shares valued at $1.62 million, with two prior transactions in August totaling 14,694 shares and $524,850 in proceeds. The securities were acquired via restricted stock vesting in 2020, indicating these are previously granted compensation shares being liquidated. Relative to the issuer's stated 225,061,523 shares outstanding, the planned sale represents a very small fraction of the float, reducing likelihood of market-moving impact. The presence of broker details and recent sales indicates execution through standard brokerage channels and procedural compliance with Rule 144.
TL;DR: Disclosure meets Rule 144 requirements; seller certifies no undisclosed material information and references trading-plan conditions.
The form includes acquisition dates, nature of acquisition (restricted stock vesting), and payment nature (compensation), fulfilling key disclosure elements for an insider sale. The filer’s signature block and 10b5-1 reference provide the typical legal attestations investors rely on for insider transactions. No governance irregularities or unusual transfer methods are evident in the filing content provided.