Form 4: Director Aylwin B. Lewis Receives Equity Grant at CHEF

Director Aylwin B. Lewis was granted 1,652 restricted stock units in The Chefs' Warehouse, Inc. as part of the company's equity incentive plan.

Summary

• Director Aylwin B. Lewis acquired 1,652 restricted stock units (RSUs) on May 8, 2026.
• The grant was issued under The Chefs' Warehouse, Inc. Amended and Restated 2019 Omnibus Equity Incentive Plan.
• Following this transaction, the director's total beneficial ownership of common stock stands at 19,898 shares.
• The RSUs are scheduled to vest on the earlier of the 2027 annual stockholders' meeting or the one-year anniversary of the grant date.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine regulatory disclosure regarding director compensation with no material impact on company operations or financial health.

Positives

• Alignment of director interests with shareholders through equity-based compensation.

Negatives

• None identified.

Risks

• Vesting is subject to the terms of the 2019 Omnibus Equity Incentive Plan.

Future Outlook

The RSUs will vest in approximately one year, contingent upon the director's continued service or the timing of the 2027 annual meeting.

Industry Context

StockSavvy.ai notes that equity grants to non-employee directors are standard corporate governance practice to ensure long-term alignment with shareholder value in the specialty food distribution sector.

Comparison to Industry Standards

• The grant structure is consistent with standard equity compensation practices for publicly traded companies of similar market capitalization.
• The use of an Omnibus Equity Incentive Plan is a common mechanism for director and executive retention.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard equity incentive grant.

Next Steps

• Vesting of the 1,652 RSUs in 2027.

Key Dates

Keywords

Chefs' Warehouse, CHEF, Form 4, Insider Trading, Equity Incentive Plan, Director Compensation