Chewy (CHWY) GC sells 8,149 shares, retains RSU and PRSU awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chewy, Inc. General Counsel & Secretary Da-Wai Hu sold 8,149 shares of Class A common stock in an open‑market transaction at $26.91 per share on April 1, 2026. The filing also describes multiple outstanding restricted stock unit and performance-based restricted stock unit awards that vest between 2026 and 2028, subject to continued employment and previously certified performance conditions for the 2024 and 2025 fiscal years.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 8,149 shares ($219,290)
Net Sell
6 txns
Insider
Hu Da-Wai
Role
General Counsel & Secretary
Sold
8,149 shs ($219K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 8,149 | $26.91 | $219K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 0 shares (Direct)
Footnotes (1)
- 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, 2025 and the amount of PRSUs eligible for vesting was subject to certification of the satisfaction of certain performance conditions for the 2025 fiscal year by the Compensation Committee of the Board of Directors. On March 5, 2026, the Compensation Committee of the Board of Directors certified the achievement of the performance conditions for the PRSUs, which vest on March 1, 2028, subject to the filing person's continued employment with Chewy, Inc. through the vesting date. Represents restricted stock units ("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. Represents 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. 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. 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.
Key Figures
Shares sold: 8,149 shares
Sale price: $26.91 per share
Net shares sold: 8,149 shares
+5 more
8 metrics
Shares sold
8,149 shares
Class A common stock sold on April 1, 2026
Sale price
$26.91 per share
Open-market sale on April 1, 2026
Net shares sold
8,149 shares
transactionSummary netBuySellShares
RSU vesting tranche
12.5%
RSUs granted April 1, 2024 vest starting May 1, 2026
Quarterly RSU vesting
8.33%
RSUs granted April 1, 2025 vest quarterly from June 1, 2026
Single RSU vest
100%
RSUs granted April 1, 2024 vest December 1, 2026
PRSU vest date
February 1, 2027
PRSUs tied to 2024 performance
PRSU vest date
March 1, 2028
PRSUs tied to 2025 performance
Key Terms
performance-based restricted stock units, PRSUs, restricted stock units, RSUs, +2 more
6 terms
performance-based restricted stock units financial
"Represents performance-based restricted stock units ("PRSUs") granted to the filing person."
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
PRSUs financial
"The PRSUs were initially granted on April 1, 2025 and the amount of PRSUs eligible for vesting..."
A PRSU is a type of employee equity award that turns into actual company shares only if preset performance goals are met over a specified time. Think of it like a prize that only pays out when a team hits agreed targets; investors watch PRSUs because they tie management pay to results, can increase the number of shares outstanding when paid, and therefore affect shareholder value and incentives.
restricted stock units financial
"Represents restricted stock units ("RSUs") granted to the filing person on April 1, 2024."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"Each RSU represents a contingent right to receive one share of Class A common stock..."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
vesting financial
"12.5% of these RSUs will vest on May 1, 2026, and on each three-month anniversary thereafter..."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Compensation Committee financial
"the Compensation Committee of the Board of Directors certified the achievement of the performance conditions..."
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
FAQ
What insider transaction did Chewy (CHWY) report for Da-Wai Hu?
Chewy reported that General Counsel & Secretary Da-Wai Hu sold 8,149 shares of Class A common stock. The shares were sold in an open‑market transaction at $26.91 per share on April 1, 2026, according to the Form 4 filing.
Does Da-Wai Hu still hold equity awards in Chewy (CHWY) after this sale?
Yes. The filing describes outstanding RSUs and PRSUs granted in 2024 and 2025. These awards vest on specified dates in 2026, 2027, and 2028, subject to Hu’s continued employment and, for PRSUs, previously certified performance conditions.
When do Da-Wai Hu’s performance-based RSUs at Chewy (CHWY) vest?
One PRSU grant tied to 2024 performance is scheduled to vest on February 1, 2027. Another PRSU grant tied to 2025 performance is scheduled to vest on March 1, 2028, in each case contingent on continued employment with Chewy.
What are the key vesting terms for Da-Wai Hu’s Chewy (CHWY) RSUs?
Certain RSUs granted April 1, 2024 vest 12.5% on May 1, 2026 and every three months thereafter. Another 2024 RSU grant vests 100% on December 1, 2026. RSUs granted April 1, 2025 vest 8.33% quarterly starting June 1, 2026.
Were Da-Wai Hu’s Chewy (CHWY) PRSUs performance conditions certified?
Yes. For PRSUs granted in 2024, performance for the 2024 fiscal year was certified on March 26, 2025. For PRSUs granted in 2025, performance for the 2025 fiscal year was certified on March 5, 2026, enabling future time-based vesting.