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Chewy | 4: Statement of changes in beneficial ownership of securities-Officer Singh Sumit

SEC announcement ·  Apr 9 04:24
Summary by Futu AI
Chewy, Inc. CEO Sumit Singh was granted a total of 829,793 shares of Class A Common Stock on April 4, 2024, according to a recent filing. The shares were acquired at no cost, indicating this was likely a part of an executive compensation package. Following the transaction, Singh directly holds 633,800 shares in the company. Additionally, 76,685 shares were acquired indirectly through Singh's spouse, bringing the total number of indirectly held shares after the transaction to 4,240. The grant of shares to Singh, as part of the company's stock-based compensation, reflects Chewy's commitment to aligning the interests of its executives with those of its shareholders.
Chewy, Inc. CEO Sumit Singh was granted a total of 829,793 shares of Class A Common Stock on April 4, 2024, according to a recent filing. The shares were acquired at no cost, indicating this was likely a part of an executive compensation package. Following the transaction, Singh directly holds 633,800 shares in the company. Additionally, 76,685 shares were acquired indirectly through Singh's spouse, bringing the total number of indirectly held shares after the transaction to 4,240. The grant of shares to Singh, as part of the company's stock-based compensation, reflects Chewy's commitment to aligning the interests of its executives with those of its shareholders.
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