Deppe Christopher S. 4

What Happened

• Christopher S. Deppe, Chief Financial Officer of Chewy, reported three RSU grants on April 8, 2026 totaling 423,654 restricted stock units (71,062; 5,922; 346,670). Each RSU is a contingent right to one share of Chewy Class A common stock; the reported price is $0.00 because these are awards, not open-market purchases.

Key Details

• Transaction date: April 8, 2026. Form 4 filed April 10, 2026 (timely).
• Transaction type/code: Award/Grant (A); reported price $0.00 per RSU.
• Shares acquired: 71,062; 5,922; and 346,670 — total 423,654 RSUs.
• Shares owned after transaction: Not reported in the filing.
• Notable footnotes: Grants are RSUs/PRSUs subject to time-vesting and, for some awards, performance certification. Vesting schedules vary by grant (examples in the filing: 25% vest Mar 1, 2027 then 6.25% quarterly; 50% vest Mar 1, 2027 and Mar 1, 2028; other grants vest across 2026–2029). All awards are contingent on continued employment and, where applicable, satisfaction of performance conditions.
• Filing timeliness: Filed two days after the grant date — within the Form 4 reporting window.

Context

• RSU grants are compensation awards that convert to shares only if vesting conditions are met; no cash was paid at grant. Such awards are common executive pay and should not be read as an immediate market buy or sell signal. Performance-based RSUs only convert if specified goals are certified as achieved.