Form 4: Nathaniel Goldhaber Receives Stock Options as Chewy, Inc. Director

Director Nathaniel Goldhaber received 1,304 restricted stock units (RSUs) from Chewy, Inc. on April 24, 2025, as compensation for his service.

Summary

• Nathaniel Goldhaber, a director of Chewy, Inc., received 1,304 restricted stock units (RSUs) on April 24, 2025.
• These RSUs were granted as compensation for his service as a director.
• The RSUs will vest on the earlier of Chewy, Inc.'s annual meeting of stockholders in 2025, one year from the grant date, or a change of control, contingent upon his continued service as a director.
• Each RSU represents the right to receive one share of Class A common stock of Chewy, Inc.

Sentiment

Score: 7

Explanation: The document reflects a standard compensation practice, indicating stability and alignment of interests. It's a neutral to slightly positive event.

Positives

• The grant of RSUs aligns the director's interests with those of the shareholders.
• The vesting schedule incentivizes continued service and commitment to the company.

Future Outlook

The document does not contain any specific forward-looking statements regarding Chewy, Inc.'s future performance.

Industry Context

This type of equity compensation is common for directors of publicly traded companies to align their interests with shareholders.

Comparison to Industry Standards

• Director compensation packages often include a mix of cash and equity.
• Granting RSUs is a standard practice to incentivize directors to focus on long-term value creation.
• The specific number of RSUs granted would be benchmarked against peer companies of similar size and industry.

Stakeholder Impact

• Shareholders may view the RSU grant as a positive sign, aligning the director's interests with long-term company performance.
• The director is incentivized to contribute to the company's success to maximize the value of the RSUs.

Key Dates

Keywords

Chewy, Inc., Nathaniel Goldhaber, Director, Restricted Stock Units, RSUs, Compensation, Vesting, Class A Common Stock