Hu Da-Wai 4
4 · Chewy, Inc. · Filed Mar 27, 2026
Research Summary
AI-generated summary of this filing
Chewy GC Hu Da‑Wai Receives 49,962-Share PRSU Award
What Happened
- Hu Da‑Wai, General Counsel & Secretary of Chewy, was reported as acquiring 49,962 performance-based restricted stock units (PRSUs) on 2026-03-25. The reported acquisition price is $0.00 (award), so no cash was paid and the immediate value to Hu is contingent on future vesting and performance certification.
- The PRSUs were initially granted April 1, 2025; the Compensation Committee certified the applicable performance conditions on March 5, 2026. These PRSUs vest on March 1, 2028, subject to Hu’s continued employment through the vesting date.
Key Details
- Transaction date: 2026-03-25; reported on Form 4 filed 2026-03-27 (timely filing).
- Price: $0.00 per unit; total reported cash consideration = $0.
- Shares owned after transaction: Not specified in the filing.
- Footnote F1: Confirms these are performance-based RSUs (PRSUs) originally granted 4/1/2025, certified 3/5/2026, vesting 3/1/2028 subject to continued employment.
- Other footnotes (F2–F5) in the filing describe additional RSU/PRSU grants to the filer with staggered/time- and performance-based vesting schedules (various vest dates through Dec 1, 2026 and Feb 1, 2027); these are separate grants and vesting terms.
Context
- This transaction is an award/compensation grant (code A), not a market purchase or sale. PRSUs are contingent rights to receive shares if performance and service conditions are met, so they do not represent current freely tradable stock until they vest and are settled.
- Such awards are common components of executive compensation; they reflect potential future ownership if performance and service requirements are satisfied rather than an immediate cash investment or disposition.
Insider Transaction Report
Form 4
Chewy, Inc.CHWY
Hu Da-Wai
General Counsel & Secretary
Transactions
- Award
Class A Common Stock
[F1]2026-03-25+49,962→ 49,962 total
Holdings
- 8,149
Class A Common Stock
- 29,856
Class A Common Stock
[F2] - 76,299
Class A Common Stock
[F3] - 21,906
Class A Common Stock
[F4] - 10,870
Class A Common Stock
[F5]
Footnotes (5)
- [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 1, 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.
- [F2]Represents restricted stock units ("RSUs") granted to the filing person on April 1, 2024. Each RSU represents a contingent right to receive one share of Class A common stock of Chewy, Inc. 12.5% of these RSUs 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.
- [F3]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 1, 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.
- [F4]Represents RSUs granted to the filing person on April 1, 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 8.33% will vest on each three-month anniversary thereafter, subject to the filing person's continued employment with Chewy, Inc. through the applicable vesting date.
- [F5]Represents RSUs granted to the filing person on April 1, 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. 100% of these RSUs will vest on December 1, 2026, subject to the filing person's continued employment with Chewy, Inc. through the applicable vesting date.
Signature
/s/ Da-Wai Hu|2026-03-27