Billings William G. 4
4 · Chewy, Inc. · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
Chewy (CHWY) CAO William G. Billings Withholds 1,207 Shares
What Happened William G. Billings, Chief Accounting Officer of Chewy, had 1,207 shares of Class A common stock withheld on January 30, 2026 to satisfy tax withholding obligations related to the net settlement of vested restricted stock units (RSUs). The shares were valued at $30.14 each for a total of about $36,379. This was a withholding/net-settlement transaction (code F), not an open-market sale.
Key Details
- Transaction date: 2026-01-30; Filing date: 2026-02-03 (covers the 1/30/2026 transaction).
- Withheld: 1,207 shares at $30.14 per share; total value ~$36,379.
- Transaction code: F — tax withholding/net settlement; the filing notes this is not a market transaction and is exempt from Section 16(b) under Rule 16b-3(e).
- Shares owned after the transaction: not specified in the provided filing details.
- Relevant footnotes: the withholding was in connection with vested RSUs. The filing lists RSU grants with vesting schedules (grants dated 9/20/2024 and 4/8/2025) describing staggered/time-based vesting through 2027.
- Filing timeliness: filing date is 2026-02-03 for a 2026-01-30 transaction; investors may review timeliness against Section 16 reporting rules.
Context Withholding shares to cover taxes on vested RSUs is a routine administrative action and is not the same as an open-market sale; it typically does not signal insider sentiment about the company's stock. The filing clarifies this was a net-settlement tax withholding rather than a discretionary sale.
Insider Transaction Report
- Tax Payment
Class A Common Stock
[F1]2026-01-30$30.14/sh−1,207$36,379→ 32,540 total
- 43,750
Class A Common Stock
[F2] - 27,026
Class A Common Stock
[F3] - 25,377
Class A Common Stock
[F4]
Footnotes (4)
- [F1]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.
- [F2]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.
- [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. 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.