Chewy (CHWY) CFO share sale and RSU tax withholding detailed
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chewy, Inc. Chief Financial Officer Christopher S. Deppe reported share transactions in Chewy (Class A Common Stock). On March 2, 2026, he sold 3,043 shares in an open-market transaction at $26.87 per share under a Rule 10b5-1 trading plan, leaving 1,566 shares held directly.
On February 27, 2026, 1,976 shares at $26.97 per share were withheld to cover tax obligations on vested restricted stock units, which was not a market sale. Multiple RSU and performance-based RSU grants remain outstanding, scheduled to vest between 2026 and 2027 if his employment continues through the applicable vesting dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,043 shares ($81,765)
Net Sell
10 txns
Insider
Deppe Christopher S.
Role
Chief Financial Officer
Sold
3,043 shs ($82K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 3,043 | $26.87 | $82K |
| Tax Withholding | Class A Common Stock | 1,976 | $26.97 | $53K |
| 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 | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 1,566 shares (Direct)
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 sales effected pursuant to a Rule 10b5-1 trading plan adopted by the filing person on December 30, 2025. Represents restricted stock units ("RSUs") granted to the filing person on September 14, 2022. 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% will vest on September 1, 2026, subject to the filing person's continued employment with Chewy, Inc. through the applicable vesting date. Represents RSUs granted to the filing person on September 14, 2022. Each RSU represents a contingent right to receive one share of Class A common stock of Chewy, Inc. 100% of these RSUs will vest on September 1, 2026, 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 6, 2023. Each RSU represents a contingent right to receive one share of Class A common stock of Chewy, Inc. 50% of these RSUs will vest on August 1, 2026, and the remaining 50% of such RSUs will vest on February 1, 2027 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. 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 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. 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% 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, 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. 100% will vest on March 1, 2027, subject to the filing person's continued employment with Chewy, Inc. through the applicable vesting date. Represents RSUs granted to the filing person on September 4, 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. 33% of these RSUs will vest on May 1, 2026, and on each six-month anniversary thereafter, subject to the filing person's continued employment with Chewy, Inc. through the applicable vesting date.
FAQ
What did Chewy (CHWY) CFO Christopher Deppe report in this Form 4 filing?
Chewy CFO Christopher Deppe reported an open-market sale of 3,043 Class A shares at $26.87 and a separate tax-withholding share disposition. The filing also details several RSU and performance-based RSU awards scheduled to vest between 2026 and 2027, subject to continued employment.
What vesting schedule applies to the Chewy (CHWY) RSUs and PRSUs held by the CFO?
The Form 4 describes multiple RSU and PRSU grants with time-based and performance-based vesting. Various awards are scheduled to vest on dates including May 1, August 1, September 1, and February 1 in 2026 and 2027, contingent on Christopher Deppe’s continued employment with Chewy.
What is the significance of the Rule 10b5-1 trading plan in Chewy (CHWY) CFO’s sale?
The sale of 3,043 Chewy shares was made under a Rule 10b5-1 trading plan adopted on December 30, 2025. Such plans pre-schedule trades, allowing insiders to systematically sell shares over time, helping separate personal trading decisions from day-to-day company developments.