Singh Sumit 4
4 · Chewy, Inc. · Filed Mar 27, 2026
Research Summary
AI-generated summary of this filing
Chewy (CHWY) CEO Sumit Singh Receives 573,937-Share Award
What Happened
Sumit Singh, CEO of Chewy, was awarded a total of 573,937 restricted stock units on March 25, 2026 — 526,284 performance-based RSUs (PRSUs) and 47,653 time-based RSUs. The grants have an acquisition price of $0.00 (typical for RSU/PRSU awards). The PRSUs were originally granted April 8, 2025 and, after the Compensation Committee certified achievement of the 2025 performance conditions on March 5, 2026, those PRSUs will vest on March 1, 2028 subject to Mr. Singh’s continued employment. The smaller RSU award is time-vested with quarterly vesting beginning June 1, 2026 (8.33% then each three-month anniversary).
Key Details
- Transaction date: March 25, 2026; Form 4 filed March 27, 2026 (appears timely).
- Price: $0.00 per unit (award/grant).
- Shares granted: 526,284 PRSUs (performance-based) + 47,653 RSUs (time-based) = 573,937 total.
- Vesting: PRSUs vest March 1, 2028 subject to performance certification (already certified) and continued employment; RSUs vest quarterly beginning June 1, 2026 (8.33% increments).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Notable footnotes: F1 describes the PRSUs (performance certification on Mar 5, 2026); F6 (related) describes the time-based RSU vesting schedule. The filing also includes other footnotes about spouse grants, which are separate from these awards.
- Transaction type: Award/Grant (code A) — not a market purchase or sale.
Context
PRSUs are contingent rights to receive shares if performance and continued-employment conditions are met; they convert to actual shares only upon vesting. These awards are routine executive compensation/retention tools and do not represent an immediate buy or sell decision by the insider. Purchases by insiders tend to be more notable as potential bullish signals; awards primarily reflect pay design and retention.
Insider Transaction Report
Form 4
Chewy, Inc.CHWY
Singh Sumit
DirectorChief Executive Officer
Transactions
- Award
Class A Common Stock
[F1]2026-03-25+526,284→ 526,284 total - Award
Class A Common Stock
[F2]2026-03-25+47,653→ 47,653 total(indirect: By Spouse)
Holdings
- 933,538
Class A Common Stock
- 67,020
Class A Common Stock
[F3] - 803,304
Class A Common Stock
[F4] - 314,333
Class A Common Stock
[F5] - 230,745
Class A Common Stock
[F6] - 123,258(indirect: By Spouse)
Class A Common Stock
- 10,433(indirect: By Spouse)
Class A Common Stock
[F7] - 60,625(indirect: By Spouse)
Class A Common Stock
[F8] - 36,773(indirect: By Spouse)
Class A Common Stock
[F9] - 38,802(indirect: By Spouse)
Class A Common Stock
[F10] - 7,368(indirect: By Spouse)
Class A Common Stock
[F11]
Footnotes (11)
- [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 8, 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.
- [F10]Represents RSUs granted to the filing person's spouse 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. 8.33% of these RSUs will vest on June 1, 2026 and on each three-month anniversary thereafter, subject to the filing person's spouse's continued employment with Chewy, Inc. through the applicable vesting date.
- [F11]Represents RSUs granted to the filing person's spouse on August 5, 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. 12.5% will vest on June 1, 2026 and each three-month anniversary thereafter, subject to the filing person's spouse's continued employment with Chewy, Inc. through the applicable vesting date.
- [F2]Represents PRSUs granted to the filing person's spouse. 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 8, 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 spouse's continued employment with Chewy, Inc. through the vesting date.
- [F3]Represents restricted stock units ("RSUs") granted to the filing person on January 18, 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. 50% of these RSUs will vest on August 1, 2026, and the remaining 50% will vest on February 1, 2027, subject to the filing person's continued employment with Chewy, Inc. through the applicable vesting date.
- [F4]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 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.
- [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. 12.5% 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.
- [F6]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. 8.33% of these RSUs will vest on June 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.
- [F7]Represents RSUs granted to the filing person's spouse on April 6, 2023 and June 26, 2023. 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. With respect to 7,840 of the RSUs, 50% will vest on August 1, 2026, and the remaining 50% will vest on February 1, 2027, subject to the filing person's spouse continued employment with Chewy, Inc. through the applicable vesting date. With respect to 2,593 of the RSUs, 100% will vest on April 1, 2026, subject to the filing person's spouse's continued employment with Chewy, Inc. through the applicable vesting date.
- [F8]Represents PRSUs granted to the filing person's spouse. 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 August 5, 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 spouse's continued employment with Chewy, Inc. through the vesting date.
- [F9]Represents RSUs granted to the filing person's spouse 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. 12.5% will vest on May 1, 2026 and on each three-month anniversary thereafter, subject to the filing person's spouse's continued employment with Chewy, Inc. through the applicable vesting date.
Signature
/s/ Da-Wai Hu, as Attorney-in-Fact for Sumit Singh|2026-03-27