David Reeder - 02 May 2025 Form 4 Insider Report for Chewy, Inc. (CHWY)

Reporting relationship: Chief Financial Officer
Issuer ticker: CHWY
Reported as of: 02 May 2025
Net transaction value: -$709,011
SEC form: 4
Accepted by SEC: 06 May 2025, 16:06:48 UTC
Prior SEC filing: 25 Apr 2025
Next SEC filing: 20 Aug 2025
Source filing: View source filing
Reporting owner signature: /s/ Da-Wai Hu, as Attorney-in-fact for David Reeder

Key filing fact

David Reeder filed Form 4 for Chewy, Inc. (CHWY) on 06 May 2025.

Key facts

This page summarizes David Reeder's Form 4 filing for Chewy, Inc. (CHWY).
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 06 May 2025, 16:06.

Change

Previous filing in this sequence was filed on 25 Apr 2025.
Current net transaction value: -$709,011.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001597133 Primary reporting owner

Reeder David

Relationship: Chief Financial Officer
Address: 7700 WEST SUNRISE BOULEVARD, PLANTATION
Signature: /s/ Da-Wai Hu, as Attorney-in-fact for David Reeder
Signature date: 06 May 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CHWY transaction

Class A Common Stock

Sale

Transaction value: $286,963
Shares: -7,863
Change %: -40%
Price: $36.50
Shares after: 11,582
Date: 02 May 2025
Ownership: Direct
Footnotes: F1

CHWY transaction

Class A Common Stock

Sale

Transaction value: $422,048
Shares: -11,582
Change %: -100%
Price: $36.44
Shares after: 0
Date: 05 May 2025
Ownership: Direct
Footnotes: F2

CHWY holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 152,261
Date: 02 May 2025
Ownership: Direct
Footnotes: F3

CHWY holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 213,899
Date: 02 May 2025
Ownership: Direct
Footnotes: F4

CHWY holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 546,257
Date: 02 May 2025
Ownership: Direct
Footnotes: F5

CHWY holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 397,556
Date: 02 May 2025
Ownership: Direct
Footnotes: F6

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 6 footnotes

Footnote F1

Represents "sell to cover" sales effected pursuant to a Rule 10b5-1 trading plan adopted by the filing person on September 11, 2024 to cover tax withholding obligations in connection with the vesting of restricted stock units ("RSUs").

Footnote F2

Represents sales effected pursuant to a Rule 10b5-1 trading plan adopted by the filing person on October 6, 2024.

Footnote F3

Represents RSUs granted to the filing person on April 8, 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. 25% of these RSUs will vest on March 1, 2026, 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.

Footnote F4

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. 9.1% of these RSUs will vest on August 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.

Footnote F5

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.

Footnote F6

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.