Chewy (CHWY) Director Nelson James Larry Receives RSU Award

What Happened

Nelson James Larry, a member of Chewy, Inc.'s Board of Directors, was granted 10,665 restricted stock units (RSUs) on July 9, 2026. The award shows an acquisition price of $0 (this is a compensation grant, not a cash purchase), and each RSU represents the contingent right to receive one share of Chewy Class A common stock upon vesting.

Key Details

• Transaction date: July 9, 2026; Filing date: July 13, 2026 (filed 4 days after the transaction date — appears to exceed the standard two-business-day Form 4 window).
• Grant size and price: 10,665 RSUs granted at $0.00 (compensation award, no cash exchanged).
• Vesting: RSUs vest on the earlier of (1) Chewy's 2027 annual meeting of stockholders, (2) one year from grant, or (3) a change of control — each subject to continued service as a director.
• Conversion: Each RSU is a contingent right to one share of Class A common stock upon vesting.
• Shares owned after transaction: Not specified in the provided filing details.
• No 10b5-1 plan, tax-withholding sale, or other special instructions noted in the footnote.

Context

• This is a standard director compensation grant (an award), not a market purchase or sale. Such grants compensate service and do not by themselves indicate buying or selling sentiment. The filing timing may be late relative to Form 4 rules, which can be material for compliance monitoring.