Director Joseph M. Cugine sold 20,000 CHEF shares (41.9% reduction) in 2 transactions for $1.2M at $62.25 blended
Director Joseph M. Cugine executed two separate sales on 2025-02-28, totaling 20,000 shares for $1,244,945.80, reducing his holdings by 41.9% from 47,727 to 27,727 shares. The sales occurred at $61.79 and $62.39, with a blended average of $62.25, just 0.4% above the current price of $62.03. Across his prior trades at Chefs' Warehouse (2 buys in 2023), his timing was mixed: the 2023-11-10 buy appreciated 43.8% over 90 days, but the 2023-08-09 buy declined 17.6% over 90 days, indicating no consistent pattern of predictive accuracy at this ticker. The stock is up 31.6% over 90 days and 15.2% over 30 days, trading 6.5% below its 52-week high, suggesting the sell occurred during a period of recent strength rather than distress.