Chewy GC has 445 shares withheld for taxes
Chewy’s General Counsel had shares withheld for RSU tax obligations, while multiple RSU and PRSU awards with vesting dates through 2028 remain outstanding.
Rhea-AI Filing Summary
Chewy, Inc. (CHWY) reported that General Counsel & Secretary Da-Wai Hu had 445 shares of Class A common stock withheld on September 1, 2026 to satisfy tax withholding and remittance obligations in connection with the net settlement of vested RSUs, at a reference price of $23.80 per share. This was not a market transaction and is described as exempt from Section 16(b) under Rule 16b-3(e). The filing also describes multiple outstanding RSU and PRSU awards for Hu with time- and performance-based vesting schedules extending through 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1 | 445 | $23.80 | $11K |
| holding | Class A Common Stock F2 | -- | -- | -- |
| holding | Class A Common Stock F3 | -- | -- | -- |
| holding | Class A Common Stock F4 | -- | -- | -- |
| holding | Class A Common Stock F5 | -- | -- | -- |
| holding | Class A Common Stock F6 | -- | -- | -- |
| holding | Class A Common Stock F7 | -- | -- | -- |
Footnotes (7)
- 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 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.
- 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, 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.
- F4. 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. 16.67% of these RSUs will vest on November 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.
- F5. 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.
- F6. 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. 10% of these RSUs will vest on December 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.
- F7. 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 CHWY report for Da-Wai Hu on September 1, 2026?
Was Chewy (CHWY) General Counsel Da-Wai Hu’s transaction under a Rule 10b5-1 plan?
What RSU awards does CHWY disclose for Da-Wai Hu that vest after 2026?
What are the key vesting terms for Da-Wai Hu’s April 8, 2026 RSU grant at CHWY?
How are Da-Wai Hu’s performance-based PRSUs at Chewy structured?
AI-generated analysis. How Rhea-AI works. Not financial advice.