Officer Christopher Pappas Files to Sell 100,000 Shares Worth $11.2M
CHEF has more than doubled off its 52-week low of $53.2 on elevated volume (4.7× avg).
Summary
Officer Christopher Pappas filed to sell 100,000 shares (~$11.2M) of Chefs' Warehouse, adding to same-day insider selling by another officer.
Key Events · Ownership and Investor Activity · CHEF
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Officer Files to Sell 100,000 Shares
Christopher Pappas, an officer, filed a Form 144 to sell 100,000 shares valued at approximately $11.2 million.
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Same-Day Insider Selling Cluster
This filing follows a same-day Form 144 from Officer Alexandros Aldous for 35,000 shares (~$3.92M), bringing total insider selling intent to 135,000 shares (~$15.1M) on August 14.
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Shares From Vested Restricted Stock
The shares were acquired as vested restricted stock awards in February-March 2025 and February 2024, indicating liquidation of equity compensation.
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Recent Strong Earnings
The selling comes after Q2 2026 results reported July 29 showed net sales up 12.9% to $1.17B and net income up 59% to $33.8M.
Analysis · CHEF · Trade & Services
Officer Christopher Pappas filed a Form 144 to sell 100,000 shares of Chefs' Warehouse, valued at approximately $11.2 million. This is a separate filing from the same-day Form 144 by Officer Alexandros Aldous for 35,000 shares ($3.92M). The combined insider selling on a single day is notable, especially following strong Q2 results reported on July 29. The shares were acquired as vested restricted stock awards in early 2025 and 2024, indicating a planned liquidation of equity compensation rather than a reaction to current market conditions.
How filings like this one have moved
In the 30 days to Sep 16, 2026, 30% of the 1759 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.34%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, CHEF was trading at $109.70 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $4.5B. The 52-week trading range was $53.20 to $117.33. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.