Chewy (CHWY) Chief Accounting Officer Billings Withholds 11,134 Shares

What Happened

• William G. Billings, Chief Accounting Officer of Chewy, reported that 11,134 shares were disposed on July 31, 2026 at $22.82 per share for a total value of $254,078. The transaction is coded "F" — payment of exercise price or tax liability — and represents shares withheld to satisfy tax withholding in connection with the net settlement of vested RSUs, not an open-market sale.

Key Details

• Transaction date: 2026-07-31
• Price per share: $22.82; Shares: 11,134; Reported value: $254,078
• Transaction code: F (tax withholding/payment of tax liability)
• Footnote F1: Shares were withheld to satisfy tax withholding on net-settled RSUs and do not represent a market trade; exempt from Section 16(b) per Rule 16b-3(e)
• Related equity awards referenced in the filing: RSU and PRSU grants with various vesting schedules (see footnotes F2–F6 for grant dates and vesting terms)
• Filing date: 2026-08-04 (filed within the standard SEC Form 4 two-business-day window following the July 31 transaction)

Context

• This was a tax-withholding/net settlement of vested restricted stock units — a routine administrative disposition that does not necessarily indicate buying or selling intent in the open market. The filing also documents outstanding time- and performance-based RSUs/PRSUs with future vesting dates per the included footnotes.