Mario Jesus Marte - Jun 14, 2023 Form 4 Insider Report for Chewy, Inc. (CHWY)

Signature
/s/ Susan Helfrick, as Attorney-in-Fact for Mario Jesus Marte
Stock symbol
CHWY
Transactions as of
Jun 14, 2023
Transactions value $
-$2,636,320
Form type
4
Date filed
6/16/2023, 04:10 PM
Previous filing
Mar 6, 2023
Next filing
Jun 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHWY Class A Common Stock Sale -$1.29M -32.4K -8.79% $39.72 337K Jun 14, 2023 Direct F1
transaction CHWY Class A Common Stock Sale -$1.35M -33.8K -10.03% $39.87 303K Jun 15, 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").