Chewy (NYSE: CHWY) GC reports RSU tax share withholding and awards
Rhea-AI Filing Summary
Chewy, Inc. General Counsel & Secretary Da-Wai Hu reported routine equity compensation activity. On May 1, 2026, 909 shares of Class A common stock were withheld at $25.42 per share to cover tax obligations from vested restricted stock units, which the filing states is not a market transaction.
The footnotes describe multiple time-based RSU and performance-based PRSU awards granted in 2024–2026, with vesting schedules extending into 2027 and 2028, all contingent on continued employment. No open-market purchases or sales are shown in the data provided.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 909 | $25.42 | $23K |
| 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 | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- 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. Represents RSUs granted to the filing person on April 8, 2026. 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. 25% of these RSUs will vest on March 1, 2027, and 6.25% 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 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 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. 14.29% of these RSUs will vest on August 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
Key Terms
restricted stock units ("RSUs") financial
performance-based restricted stock units ("PRSUs") financial
net settlement financial
Section 16(b) regulatory
Rule 16b-3(e) regulatory
FAQ
What insider transaction did Chewy (CHWY) report for Da-Wai Hu?
The filing shows 909 shares of Chewy Class A common stock were withheld at $25.42 per share to satisfy tax obligations on vested RSUs. This is described as a non-market transaction related to equity compensation rather than an open-market trade.
What RSU grants for Da-Wai Hu are disclosed by Chewy (CHWY)?
The footnotes describe several RSU grants, including awards on April 1, 2024, April 1, 2025, and April 8, 2026. These RSUs vest in tranches over time, subject to continued employment through vesting dates such as March 1, 2027 and later.
What PRSU awards for Da-Wai Hu does Chewy (CHWY) describe?
The filing notes performance-based RSUs (PRSUs) initially granted on April 1, 2024 and April 1, 2025. Vesting eligibility depended on performance certifications for fiscal 2024 and 2025 and vests on February 1, 2027 and March 1, 2028, respectively, if employment continues.
How do Chewy (CHWY) RSUs for Da-Wai Hu vest over time?
Different RSU grants vest on various schedules, including 25% on March 1, 2027 followed by 6.25% quarterly, and other grants vesting 8.33% or 14.29% each quarter, or 100% on a single future date, all requiring continued employment.