Form 4: Chefs' Warehouse Director Richard N. Peretz Acquires and Disposes of Shares

Director Richard N. Peretz reports acquisition of restricted stock units and disposal of common stock in Chefs' Warehouse, Inc.

Summary

• Richard N. Peretz, a director of Chefs' Warehouse, Inc., filed a Form 4 detailing changes in beneficial ownership.
• On May 9, 2025, Peretz acquired 2,184 shares of common stock through time-vested restricted stock units.
• These restricted stock units were granted under the company's 2019 Omnibus Equity Incentive Plan.
• The restricted stock units will vest at the earlier of the company's 2026 annual stockholders' meeting or one year from the grant date.
• Peretz also disposed of 6,238 shares of common stock on the same day.
• Following these transactions, Peretz beneficially owns 6,238 shares of common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but the disposal of shares could be viewed with slight caution.

Positives

• The grant of restricted stock units aligns the director's interests with those of the shareholders.

Negatives

• The disposal of 6,238 shares could be interpreted negatively by some investors, although the reason for disposal is not specified.

Risks

• The vesting of the restricted stock units is contingent upon continued service or the occurrence of the 2026 annual stockholders' meeting.
• The document does not provide any information about the reasons for the disposal of the 6,238 shares.

Future Outlook

The document does not contain specific forward-looking statements, but the vesting of restricted stock units in 2026 suggests an expectation of continued service by the director.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency regarding the transactions of company insiders. This filing indicates activity by a director of Chefs' Warehouse, a company in the food service industry.

Stakeholder Impact

• The acquisition and disposal of shares by a director may influence investor sentiment.

Key Dates

Keywords

Form 4, Beneficial Ownership, CHEF, Chefs' Warehouse, Richard N. Peretz, Restricted Stock Units, Director