Christopher Pappas, President and CEO of Chefs' Warehouse, Inc. (CHEF), sold 95,908 shares of the company's stock on March 3, 2026, for approximately $6.00 million. The shares were sold at an average price of $62.53 per share.
This transaction follows other recent insider selling activity at Chefs' Warehouse. Earlier in the week, Christina Polychroni sold shares on March 2, and Alexandros Aldous and Christina Polychroni both sold shares on February 27. Tim McCauley also reported a sale on February 18.
Insider sales can be attributed to various reasons, including portfolio diversification, tax planning, or the execution of pre-arranged trading plans, and do not necessarily indicate a negative view of the company's prospects.