Chewy CEO Sumit Singh Sells 81,841 Company Shares
Chewy CEO Sumit Singh sold 81,841 shares of Class A Common Stock for approximately $1.9 million between July 31 and August 3, 2026.
Sumit Singh, the Chief Executive Officer of Chewy, Inc., sold 81,841 shares of Class A Common Stock for approximately $1.9 million between July 31 and August 3, 2026. The transactions were disclosed in a Form 4 filing with the United States Securities and Exchange Commission.
The disposition consisted of 49,477 shares sold on the open market through 10b5-1 trading plans and 32,364 shares withheld to cover tax obligations associated with restricted stock units.
Singh retains a beneficial interest in approximately 892,526 shares, which were valued at $20.49 million as of the market close on August 3. These sales occurred while the company's stock experienced a downward trend, recording a negative one-year return of 36%.