Chewy's CFO Sells $4.1 Million in Shares Amid Recent Appointments

Published 51 minutes agoCHWY

Chewy's CFO Sells $4.1 Million in Shares Amid Recent Appointments

Chewy Inc. has seen significant developments in its executive team and stock market activities over the past year. In December 2023, the company announced the appointment of David Reeder as the new Chief Financial Officer, effective February 14, 2024. Reeder took over from interim CFO Stacy Bowman, who continues in her role as Chief Accounting Officer, according to Retail Dive.

Earlier this year, in February 2025, David Reeder conducted a notable insider stock sale, disposing of approximately 107,765 shares of Chewy's Class A common stock. The shares, valued at over $4.1 million, were sold under a pre-established Rule 10b5-1 trading plan, as reported by Investing.com. This sale did not appear to coincide with any immediate corporate upheaval or changes in financial outlook.

Chewy's recent performance includes their first-quarter 2024 financial results, announced on May 29, 2024. The company reported net sales of $2.88 billion, marking a 3.1% increase compared to the previous year. In addition, Chewy revealed a share repurchase program valued at up to $500 million. These strategic moves have been part of Chewy's efforts to maintain financial health amid market fluctuations. At present, Chewy Inc's stock is trading at $39.57 with a minor change from the previous close.

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