Chewy (NYSE: CHWY) CAO reports RSU tax withholding and awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chewy, Inc. Chief Accounting Officer William G. Billings reported an automatic share withholding tied to vested stock awards. On January 30, 2026, 1,207 shares of Class A common stock were withheld at $30.14 per share to cover tax obligations from restricted stock unit (RSU) vesting, rather than sold on the market.
After this tax withholding, Billings directly owned 32,540 shares of Class A common stock. He also held several RSU awards, including 43,750 RSUs granted on September 20, 2024 that vest in stages on August 1, 2026 and August 1, 2027, and additional RSUs of 27,026 and 25,377 shares with time-based vesting through 2026 and later, all contingent on continued employment with Chewy.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Billings William G.
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 1,207 | $30.14 | $36K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 32,540 shares (Direct)
Footnotes (1)
- Represents shares of Class A common stock of Chewy, Inc. that were withheld to satisfy tax withholding and remittance obligations in connection with the net settlement of vested restricted stock units ("RSUs") and does not represent a market transaction. This transaction is exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16b-3(e) promulgated thereunder. Represents RSUs granted to the filing person on September 20, 2024. Each RSU represents a contingent right to receive one share of Class A common stock of Chewy, Inc. The RSUs are subject to time-vesting conditions. 58.5% will vest on August 1, 2026, and 41.5% will vest on August 1, 2027, subject to the filing person's continued employment with Chewy, Inc. through the applicable vesting date. Represents RSUs granted to the filing person on September 20, 2024. Each RSU represents a contingent right to receive one share of Class A common stock of Chewy, Inc. The RSUs are subject to time-vesting conditions. 10% will vest on May 1, 2026, and each three-month anniversary thereafter, subject to the filing person's continued employment with Chewy, Inc. through the applicable vesting date. Represents RSUs granted to the filing person on April 8, 2025. Each RSU represents a contingent right to receive one share of Class A common stock of Chewy, Inc. The RSUs are subject to time-vesting conditions. 25% of these RSUs will vest on March 1, 2026, and 6.25% will vest on each three-month anniversary thereafter, subject to the filing person's continued employment with Chewy, Inc. through the applicable vesting date.
FAQ
What did Chewy (CHWY) insider William G. Billings report in this Form 4?
William G. Billings reported a tax-related share withholding and updated equity holdings. On January 30, 2026, 1,207 Chewy Class A shares were withheld to satisfy taxes on vested RSUs, and his remaining direct share and RSU positions were detailed without any open-market sale.
What RSU awards does Chewy (CHWY) CAO William G. Billings hold and when do they vest?
Billings holds RSUs including 43,750 units granted September 20, 2024, vesting 58.5% on August 1, 2026 and 41.5% on August 1, 2027. He also holds 27,026 and 25,377 RSUs with time-based vesting beginning in 2026, contingent on continued employment with Chewy.
Was the Chewy (CHWY) insider transaction a market sale of stock?
The reported transaction was not a market sale; it was a tax withholding. Shares were retained by the issuer to cover tax obligations from RSU vesting and are treated as exempt under Rule 16b-3(e), rather than an open-market disposal initiated by the insider.
What role does William G. Billings hold at Chewy (CHWY)?
William G. Billings serves as Chewy’s Chief Accounting Officer, as identified in the filing. The Form 4 reflects equity activity tied to his compensation, including tax-withheld shares and multiple RSU grants that vest over time, aligning part of his pay with Chewy’s stock performance.