William G. Billings, Chief Accounting Officer of Chewy, Inc., filed a Form 4 on November 2, 2026, reporting a tax-withholding share disposition of Class A common stock on October 30, 2026, along with the disclosure of multiple outstanding equity awards.
Key Highlights
- Shares withheld: 1,064 shares of Class A common stock were disposed of on October 30, 2026, at a price of $20.83 per share, to satisfy tax withholding obligations related to vested RSUs.
- Post-transaction direct holding: Following the transaction, Billings directly held 41,410 shares of Class A common stock.
- Transaction classification: The filing states the withholding "does not represent a market transaction" and is exempt from Section 16(b) pursuant to Rule 16b-3(e).
- Outstanding RSUs: The filing discloses four separate RSU grants totaling 85,013 shares across grants dated September 20, 2024, April 8, 2025, and April 8, 2026, each subject to time-vesting conditions.
- PRSUs disclosed: 14,470 performance-based RSUs, initially granted April 8, 2025, were certified by the Compensation Committee on March 5, 2026, with vesting on March 1, 2028.
- Issuer and exchange: Chewy, Inc. trades on NYSE under the symbol CHWY, as stated in the filing.
Billings RSU Settlement and Equity Holdings at Chewy
According to the filing, William G. Billings, serving as Chief Accounting Officer of Chewy, Inc. (NYSE:CHWY), reported a single transaction on October 30, 2026: the withholding of 1,064 shares of Class A common stock at $20.83 per share. The filing states this withholding occurred in connection with the net settlement of vested restricted stock units and "does not represent a market transaction." The filing further notes the transaction is exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16b-3(e).
Following the reported transaction, Billings directly held 41,410 shares of Class A common stock. The filing separately discloses five additional line items reflecting unvested equity grants. These include 32,571 RSUs granted on April 8, 2026, with 25% vesting on March 1, 2027, and 6.25% vesting on each three-month anniversary thereafter. An additional 18,920 RSUs and 18,161 RSUs, both granted on September 20, 2024, carry distinct vesting schedules: the former with 14.28% vesting beginning February 1, 2027, and the latter vesting 100% on August 1, 2027. A further 15,861 RSUs granted on April 8, 2025, begin vesting at 10% on December 1, 2026. All RSU grants are subject to continued employment through the applicable vesting dates, the filing states.
The 14,470 PRSUs disclosed were initially granted on April 8, 2025, and became eligible for vesting after the Compensation Committee of the Board of Directors certified satisfaction of fiscal year 2025 performance conditions on March 5, 2026, according to the filing. These PRSUs are scheduled to vest on March 1, 2028, subject to continued employment. The Form 4 was signed by Elaine W. Keyser as attorney-in-fact for Mr. Billings and was filed on November 2, 2026.
What Was Disclosed
Chewy's Chief Accounting Officer William G. Billings reported a tax-related withholding of 1,064 Class A shares at $20.83 on October 30, 2026, plus six lines of directly held equity, including time-vesting RSUs across multiple grant dates and performance-based RSUs certified in March 2026.



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