Susan Helfrick - 14 Jun 2023 Form 4 Insider Report for Chewy, Inc. (CHWY)

Signature
/s/ Susan Helfrick
Issuer symbol
CHWY
Transactions as of
14 Jun 2023
Net transactions value
-$1,347,573
Form type
4
Filing time
16 Jun 2023, 16:09:28 UTC
Previous filing
07 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHWY Class A Common Stock Sale $673,815 -16,964 -19% $39.72 72,656 14 Jun 2023 Direct F1
transaction CHWY Class A Common Stock Sale $673,758 -16,897 -23% $39.87 55,759 15 Jun 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 Represents "sell to cover" sales effected pursuant to a Rule 10b5-1 trading plan adopted by the filing person to cover tax withholding obligations in connection with the vesting of restricted stock units ("RSUs").