Form 4: Director Richard Peretz Receives Equity Grant at CHEF

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

Summary

• Director Richard N. Peretz 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.
• The RSUs are time-vested and will convert into common stock on a one-for-one basis.
• Following this transaction, the director's total direct beneficial ownership is 7,890 shares of common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which carries a neutral sentiment.

Positives

• Alignment of director interests with long-term shareholder value through equity-based compensation.

Negatives

• None identified.

Risks

• Standard market risks associated with equity ownership and potential dilution from incentive plans.

Future Outlook

The restricted stock units are scheduled to vest at the earlier of the 2027 annual stockholders' meeting or the one-year anniversary of the grant date.

Industry Context

StockSavvy.ai notes that equity grants to non-employee directors are a standard corporate governance practice to ensure board members maintain a vested interest in the company's long-term performance.

Comparison to Industry Standards

• The use of time-vested RSUs for director compensation is consistent with standard practices for mid-cap companies in the food distribution sector.
• The grant size is commensurate with typical director compensation packages for companies of similar market capitalization.

Corporate Governance

Stakeholder Impact

• Minimal impact on shareholders; reflects standard director compensation practices.

Next Steps

• Vesting of the 1,652 RSUs by the 2027 annual stockholders' meeting or May 8, 2027.

Key Dates

Keywords

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