Chewy CAO granted 14,470 shares in equity award
Chewy, Inc. reported that Chief Accounting Officer William G. Billings acquired 14,470 shares of Class A common stock on March 25, 2026 through a grant at a price of $0.00 per share.
Rhea-AI Filing Summary
Chewy, Inc. reported that Chief Accounting Officer William G. Billings acquired 14,470 shares of Class A common stock on March 25, 2026 through a grant at a price of $0.00 per share. This reflects an equity compensation award rather than an open-market purchase.
Footnotes explain that his equity package includes performance-based restricted stock units tied to Chewy’s 2025 fiscal-year results, which vest on March 1, 2028, and multiple time-based restricted stock unit grants vesting in tranches across 2026 and 2027, all contingent on continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 14,470 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (4)
- F1. Represents performance-based restricted stock units ("PRSUs") granted to the filing person. Each PRSU represents a contingent right to receive one share of Class A common stock of Chewy, Inc. The PRSUs were initially granted on April 8, 2025 and the amount of PRSUs eligible for vesting was subject to certification of the satisfaction of certain performance conditions for the 2025 fiscal year by the Compensation Committee of the Board of Directors. On March 5, 2026, the Compensation Committee of the Board of Directors certified the achievement of the performance conditions for the PRSUs, which vest on March 1, 2028, subject to the filing person's continued employment with Chewy, Inc. through the vesting date.
- F2. Represents restricted stock units ("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.
- F3. 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.
- F4. 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. 8.33% will vest on June 1, 2026 and on each three-month anniversary thereafter, subject to the filing person's continued employment with Chewy, Inc. through the applicable vesting date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Chewy (CHWY) report about William G. Billings in this Form 4?
Was the Chewy (CHWY) insider transaction a purchase or a compensation grant?
What performance-based PRSUs were disclosed for Chewy (CHWY) CAO Billings?
What time-vesting RSUs for Chewy (CHWY) CAO Billings vest in 2026 and 2027?
What RSU vesting schedule starting in 2026 was disclosed for Chewy (CHWY) CAO Billings?
Does the Chewy (CHWY) Form 4 involve any stock sales by CAO Billings?
AI-generated analysis. How Rhea-AI works. Not financial advice.