David Reeder - Mar 26, 2025 Form 4 Insider Report for Chewy, Inc. (CHWY)

Role
Chief Financial Officer
Signature
/s/ Da-Wai Hu, as Attorney-in-fact for David Reeder
Stock symbol
CHWY
Transactions as of
Mar 26, 2025
Transactions value $
$0
Form type
4
Date filed
3/28/2025, 05:18 PM
Previous filing
Feb 11, 2025
Next filing
Apr 10, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHWY Class A Common Stock Award $0 +398K $0.00 398K Mar 26, 2025 Direct F1
holding CHWY Class A Common Stock 233K Mar 26, 2025 Direct F2
holding CHWY Class A Common Stock 546K Mar 26, 2025 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 4, 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.
F2 Represents restricted stock units ("RSUs") granted to the filing person on April 4, 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. 8.33% of these RSUs will vest on May 1, 2025, and on each three-month anniversary thereafter, subject to the filing person's continued employment with Chewy, Inc. through the applicable vesting date.
F3 Represents RSUs granted to the filing person on April 4, 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. 80.04% will vest on February 1, 2026, 13.43% will vest on February 1, 2027, and 6.53% will vest on February 1, 2028, subject to the filing person's continued employment with Chewy, Inc. through the applicable vesting date.