Form 4: Chefs' Warehouse CEO Christopher Pappas Donates Shares to Charitable Trust
SEC Form 4 Filing
Christopher Pappas, CEO of Chefs' Warehouse, donated 41,295 shares of the company's common stock to a charitable trust on May 7, 2025.
Summary
- On May 7, 2025, Christopher Pappas, the President and CEO of Chefs' Warehouse, Inc., donated 41,295 shares of the company's common stock to a charitable trust.
- Following the transaction, Pappas indirectly owns 208,647 shares through Grantor Retained Annuity Trusts (GRATs).
- Pappas also directly owns 2,274,489 shares of common stock.
- Neither Pappas nor any family member is a trustee or has control over the trust's investment decisions.
Sentiment
Score: 5
Explanation: The document is a neutral report of a stock donation. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine disclosure of an insider transaction. Donations to charitable trusts are a common estate planning strategy.
Stakeholder Impact
- The donation of shares to a charitable trust has a minimal impact on shareholders, employees, customers, suppliers, and creditors.
Key Dates
| Date | Description |
|---|---|
| 05/07/2025 | Date of stock donation to charitable trust |
| 05/09/2025 | Date of signature on the Form 4 filing |
Keywords
Chefs' Warehouse, Christopher Pappas, stock donation, charitable trust, Form 4, beneficial ownership, insider transaction
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