Summary by Moomoo AI
Chewy's Officer and Director, Singh Sumit, plans to sell 46,312 Class A shares on 12/02/2024. The shares, acquired through restricted stock vesting on 11/29/2024, have an aggregate market value of approximately $1.55 million. This transaction follows a previous sale of 131 Class A shares on 09/03/2024, which generated gross proceeds of $3,652.14.The shares to be sold were acquired as compensation from the issuer, Chewy, Inc. This planned sale is part of Singh's ongoing management of his equity holdings in the company. Investors should note the transaction's completion status and its potential impact on Chewy's stock performance.