CFO David Reeder sells entire 19,445-share CHWY position for $709,011.41 across 2 transactions in May 2025
David Reeder, Chief Financial Officer, executed 2 separate sales totaling 19,445 shares for $709,011.41, liquidating his complete CHWY holdings. The first sale of 7,863 shares at $36.50 on 2025-05-02 was followed by 11,582 shares at $36.44 on 2025-05-05, with a blended average price of $36.46—currently trading at $38.17. His prior sales at CHWY (5 trades in February 2025) showed mixed outcomes: 90-day returns ranged from -0.4% to +0.7%, with only 1 of 2 measurable 90-day outcomes being well-timed. The complete exit by a CFO warrants investor attention given the size and timing proximity to recent trading activity, though the stock has risen 21.1% over 30 days and currently sits within 4.1% of its 52-week high of $39.80.