Chewy counsel reports tax-withholding share disposition
Chewy, Inc.’s General Counsel & Secretary, Da-Wai Hu, reported a tax-related share disposition.
Rhea-AI Filing Summary
Chewy, Inc.’s General Counsel & Secretary, Da-Wai Hu, reported a tax-related share disposition. On February 27, 2026, 1,777 shares of Chewy Class A common stock were withheld at a price of $26.97 per share to cover tax obligations arising from vested restricted stock units.
This transaction, coded "F," was not an open-market sale and was effected through share withholding in connection with equity compensation. After this withholding event, Hu continued to hold directly reported positions in Chewy Class A common stock as reflected in the updated ownership balances.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 1,777 | $26.97 | $48K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (5)
- F1. Represents shares of Class A common stock of Chewy, Inc. that were withheld to satisfy tax withholding and remittance obligations in connection with the net settlement of vested restricted stock units ("RSUs") and does not represent a market transaction. This transaction is exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16b-3(e) promulgated thereunder.
- F2. Represents RSUs granted to the filing person on April 1, 2024. Each RSU represents a contingent right to receive one share of Class A common stock of Chewy, Inc. 12.5% of these RSUs will vest on May 1, 2026, and on each three-month anniversary thereafter, subject to the filing person's continued employment with Chewy, Inc. through the applicable vesting date.
- F3. Represents performance-based restricted stock units ("PRSUs") granted to the filing person. Each PRSU represents a contingent right to receive one share of Class A common stock of Chewy, Inc. The PRSUs were initially granted on April 1, 2024 and the amount of PRSUs eligible for vesting was subject to certification of the satisfaction of certain performance conditions for the 2024 fiscal year by the Compensation Committee of the Board of Directors. On March 26, 2025, the Compensation Committee of the Board of Directors certified the achievement of the performance conditions for the PRSUs, which vest on February 1, 2027, subject to the filing person's continued employment with Chewy, Inc. through the vesting date.
- F4. Represents RSUs granted to the filing person on April 1, 2025. Each RSU represents a contingent right to receive one share of Class A common stock of Chewy, Inc. The RSUs are subject to time-vesting conditions. 8.33% of these RSUs will vest on June 1, 2026, and 8.33% will vest on each three-month anniversary thereafter, subject to the filing person's continued employment with Chewy, Inc. through the applicable vesting date.
- F5. Represents RSUs granted to the filing person on April 1, 2024. Each RSU represents a contingent right to receive one share of Class A common stock of Chewy, Inc. The RSUs are subject to time-vesting conditions. 100% of these RSUs will vest on December 1, 2026, subject to the filing person's continued employment with Chewy, Inc. through the applicable vesting date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Chewy (CHWY) report for Da-Wai Hu?
Was the Da-Wai Hu Form 4 transaction in Chewy (CHWY) an open-market sale?
What equity awards are disclosed for Da-Wai Hu in the Chewy (CHWY) Form 4 footnotes?
When will Da-Wai Hu’s Chewy (CHWY) RSUs and PRSUs vest according to the Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.