Deppe Christopher S. 4

What Happened
Christopher S. Deppe, Chief Financial Officer of Chewy, had 182 shares of Class A common stock withheld on June 1, 2026 to satisfy tax withholding obligations related to the net settlement of vested restricted stock units (RSUs). The withholding was at $22.54 per share for a total value of approximately $4,102. This was a tax-withholding/net settlement transaction (not an open-market sale).

Key Details

• Transaction date: June 1, 2026; Form 4 filed June 3, 2026 (timely within reporting window).
• Transaction: 182 shares withheld at $22.54/share; total ≈ $4,102. Transaction code F = tax withholding.
• Footnote F1: Confirms shares were withheld to satisfy tax obligations in connection with net settlement of vested RSUs and were not a market sale; exempt from Section 16(b) under Rule 16b-3(e).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Other footnotes in the filing list multiple RSU/PRSU grants with vesting schedules through 2029 (performance- and time-based awards).

Context
Tax-withholding/net-settlement of vested RSUs is a routine administrative action and does not represent an active sell decision by the insider. The filing indicates Deppe holds a variety of time- and performance-based restricted stock awards that vest over several dates; the withheld shares were to satisfy immediate tax obligations on vested awards.