Chewy (NYSE: CHWY) General Counsel granted 49,962 stock units

Rhea-AI Filing Summary

Hu Da-Wai reported acquisition or exercise transactions in this Form 4 filing.

Chewy, Inc. reported that its General Counsel & Secretary, Da-Wai Hu, received an award of 49,962 shares of Class A common stock on a grant/award basis at a price of $0.00 per share. According to the footnotes, these represent performance-based restricted stock units (PRSUs) that were initially granted on April 1, 2025, with the number eligible for vesting tied to 2025 fiscal-year performance. The Compensation Committee certified achievement of the performance conditions on March 5, 2026, and these PRSUs are scheduled to vest on March 1, 2028, subject to Hu’s continued employment. Additional RSU and PRSU awards from April 1, 2024 and April 1, 2025 remain outstanding with time- and performance-based vesting between 2026 and 2028.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Hu Da-Wai

(Last) (First) (Middle)

7700 WEST SUNRISE BOULEVARD

(Street)

PLANTATION FLORIDA 33322

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Chewy, Inc. [ CHWY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	General Counsel & Secretary

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/25/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	03/25/2026		A		49,962(1)	A	$0	49,962	D
Class A Common Stock								8,149	D
Class A Common Stock								29,856(2)	D
Class A Common Stock								76,299(3)	D
Class A Common Stock								21,906(4)	D
Class A Common Stock								10,870(5)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

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.

2. 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.

3. 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.

4. 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.

5. 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.

	/s/ Da-Wai Hu	03/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Chewy (CHWY) report for Da-Wai Hu?

Chewy reported that General Counsel Da-Wai Hu received an equity award of 49,962 shares of Class A common stock. The award is structured as performance-based restricted stock units tied to earlier grant terms and certified performance conditions.

How many Chewy shares were granted to Da-Wai Hu and at what price?

Da-Wai Hu was granted 49,962 shares of Chewy Class A common stock at a stated price of $0.00 per share. The award reflects equity compensation, not an open-market purchase, and is delivered through performance-based restricted stock units.

When will Da-Wai Hu’s new Chewy performance-based RSUs vest?

The performance-based restricted stock units related to the 49,962-share award are scheduled to vest on March 1, 2028. Vesting depends on Hu’s continued employment with Chewy through that date, following the Compensation Committee’s certification of 2025 performance conditions.

What prior Chewy PRSU awards does Da-Wai Hu hold and when do they vest?

Hu holds PRSUs initially granted on April 1, 2024, with vesting scheduled for February 1, 2027. The number eligible for vesting was based on 2024 fiscal-year performance, certified by Chewy’s Compensation Committee on March 26, 2025, subject to continued employment.

What time-vesting RSU grants to Da-Wai Hu are disclosed by Chewy?

Chewy discloses RSUs granted to Hu on April 1, 2024 and April 1, 2025 with time-based vesting. One grant vests 12.5% on May 1, 2026 and every three months thereafter, while others vest 8.33% quarterly from June 1, 2026 or 100% on December 1, 2026.

Does the Chewy Form 4 for Da-Wai Hu show any stock sales or purchases?

The Form 4 shows no open-market purchases or sales, only an acquisition coded as a grant or award. Transaction summary fields indicate zero buy and zero sell transactions, reflecting routine equity compensation rather than trading activity in Chewy shares.