Billings William G. 4
4 · Chewy, Inc. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Chewy CAO William G. Billings Withholds 2,546 Shares for Taxes
What Happened
- William G. Billings, Chief Accounting Officer of Chewy, had 2,546 shares of Class A common stock withheld on February 27, 2026 to satisfy tax withholding and remittance obligations related to the net settlement of vested RSUs. The withheld shares are valued at $26.97 each, totaling $68,666.
- This was a tax-withholding/net settlement action (transaction code F), not an open-market sale.
Key Details
- Transaction date: 2026-02-27; Filing date (Form 4): 2026-03-03.
- Price per share: $26.97; Total value of shares withheld: $68,666.
- Shares withheld: 2,546 (withheld to satisfy tax obligations; not a market transaction).
- Ownership after transaction: Not specified in the provided filing excerpt.
- Footnotes of note:
- F1: Withheld shares represent tax withholding from net-settled vested RSUs and are exempt from Section 16(b) under Rule 16b-3(e).
- F2–F4: Describe the RSU grants and vesting schedules (grants from 9/20/2024 and 4/8/2025 with staggered vesting through 2027).
- Timeliness: Filing posted Mar 3, 2026 for a Feb 27, 2026 transaction. Check the full filing for any late-filing designation.
Context
- Code F transactions are routine tax-withholdings when RSUs vest; they are not sales driven by market decisions and generally do not signal insider sentiment.
- The RSUs involved were previously granted and subject to time-based vesting schedules (see footnotes for vesting dates).
Insider Transaction Report
Form 4
Chewy, Inc.CHWY
Billings William G.
Chief Accounting Officer
Transactions
- Tax Payment
Class A Common Stock
[F1]2026-02-27$26.97/sh−2,546$68,666→ 36,338 total
Holdings
- 43,750
Class A Common Stock
[F2] - 27,026
Class A Common Stock
[F3] - 19,033
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. 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|2026-03-03