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Chewy | 4: Statement of changes in beneficial ownership of securities-Officer Mehta Satish

SEC announcement ·  Mar 27 05:05
Summary by Futu AI
Satish Mehta, the Chief Technology Officer of Chewy, Inc. (CHWY), was granted 64,931 shares of Class A Common Stock on March 22, 2024. The transaction, which was completed on the same day, was a grant of shares at no cost to the executive. Following this transaction, Mehta's direct holdings in the company increased to a total of 121,749 shares. The grant is part of the company's compensation strategy for its executives and is a common practice in the industry to incentivize performance and align the interests of the management with those of the shareholders.
Satish Mehta, the Chief Technology Officer of Chewy, Inc. (CHWY), was granted 64,931 shares of Class A Common Stock on March 22, 2024. The transaction, which was completed on the same day, was a grant of shares at no cost to the executive. Following this transaction, Mehta's direct holdings in the company increased to a total of 121,749 shares. The grant is part of the company's compensation strategy for its executives and is a common practice in the industry to incentivize performance and align the interests of the management with those of the shareholders.
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