---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-187308"
form_type: "8-K"
ticker: "CHWY"
cik: "0001766502"
company_name: "Chewy, Inc."
filed_at: "2026-04-28T23:59:59+00:00"
generated_at: "2026-05-15T02:56:39.184106+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Chewy settles derivative lawsuit for $29.5M; court sets June 23 hearing for approval

## Summary
- Settlement agreement reached April 6, 2026, resolving derivative claims over the 2023 Downstream Merger.
- Defendants pay $29.5 million cash to Chewy; no admission of wrongdoing.
- Court schedules settlement hearing for June 23, 2026.
- Special Litigation Committee concluded settlement is in Chewy's best interests after independent investigation.
- The Action challenged BC Partners' controlling stockholder actions and fiduciary duties.

## SEC filing metadata
- accession: 0001193125-26-187308
- form_type: 8-K
- ticker: CHWY
- cik: 0001766502
- company_name: Chewy, Inc.
- filed_at: 2026-04-28T23:59:59+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1766502/000119312526187308/0001193125-26-187308-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1766502/000119312526187308/d124118d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-187308
- JSON: https://secwatch.observer/filing/0001193125-26-187308.json
- Plain text: https://secwatch.observer/filing/0001193125-26-187308.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.