Pappas Christopher 4

What Happened
Christopher Pappas, President, CEO and a director of Chefs' Warehouse (CHEF), reported a gift of 21,819 shares of CHEF common stock on June 1, 2026. The transaction is coded as a gift (G) and is reported with a $0 sales price/consideration (charitable contribution).

Key Details

• Transaction date: 2026-06-01 (Form 4 filed 2026-06-03). Transaction code: G (gift). Consideration reported: $0.
• Shares involved: 21,819 shares disposed (gifted).
• Shares owned after the transaction: not specified in the filing excerpt.
• Footnote F1: The shares were contributed by the Reporting Person’s Grantor Retained Annuity Trust (GRAT) to a charitable trust; neither Mr. Pappas nor any family member is a trustee or controls the trust’s investment decisions.
• Footnote F2: Of the shares, 16,027 were previously owned indirectly and were contributed to the Reporting Person by the Reporting Person’s GRAT.
• Filing timeliness: Form 4 was filed two days after the transaction date (generally within the 2-business-day Form 4 deadline), so appears timely.

Context
Gifts of stock are not a buy or sell signal about the insider’s view of the company’s prospects; they often reflect estate planning or charitable giving. The filing clarifies the transfer path (GRAT → charitable trust) and that the insider/family does not control the recipient trust’s investment decisions.