Billings William G. 4
4 · Chewy, Inc. · Filed Apr 10, 2026
Research Summary
AI-generated summary of this filing
Chewy (CHWY) CAO William G. Billings Receives Award
What Happened
William G. Billings, Chief Accounting Officer of Chewy, was awarded 32,571 restricted stock units (RSUs) on April 8, 2026. The RSUs were granted at an acquisition price of $0 (typical for equity compensation); they represent contingent rights to receive one share of Class A common stock per RSU upon vesting.
Key Details
- Transaction date and type: April 8, 2026 — Award/Grant (RSUs). Acquisition price reported: $0.
- Shares reported in this filing: 32,571 RSUs granted. Total cash value at grant: $0 reported (market value realized only upon vesting/exchange).
- Shares owned after transaction: Not specified in this filing.
- Notable footnotes:
- F1: The 32,571 RSUs (this grant) are time‑vested: 25% vest on March 1, 2027, then 6.25% on each three‑month anniversary thereafter, subject to continued employment.
- F2–F5: The filing also references prior grants (performance RSUs granted 4/8/2025 that were certified by the Compensation Committee on 3/5/2026 and vest 3/1/2028, and several earlier RSU grants from 9/20/2024 and 4/8/2025 with staggered vesting schedules).
- Filing timeliness: Reported on April 10, 2026 for an April 8, 2026 transaction — appears to be filed within the typical two‑business‑day Form 4 window.
Context
This was a compensation award (RSUs), not a purchase or sale. RSUs have no immediate cash outlay and convert into shares only if and when vesting conditions are met (time‑based or performance‑based, and typically conditioned on continued employment). Performance‑based RSUs (PRSUs) referenced in the filing were certified as eligible for vesting by the board’s Compensation Committee.
Insider Transaction Report
Form 4
Chewy, Inc.CHWY
Billings William G.
Chief Accounting Officer
Transactions
- Award
Class A Common Stock
[F1]2026-04-08+32,571→ 32,571 total
Holdings
- 14,470
Class A Common Stock
[F2] - 36,338
Class A Common Stock
- 43,750
Class A Common Stock
[F3] - 27,026
Class A Common Stock
[F4] - 19,033
Class A Common Stock
[F5]
Footnotes (5)
- [F1]Represents restricted stock units ("RSUs") granted to the filing person on April 8, 2026. 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, 2027, 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.
- [F2]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.
- [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. 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.
- [F4]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.
- [F5]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.
Signature
/s/ Da-Wai Hu, as Attorney-in-fact- for William G. Billings|2026-04-10