The sale by William G. Billings was automatic to cover tax liabilities from restricted stock unit vesting, not a discretionary trade.
Chewy Inc. Chief Accounting Officer William G. Billings sold 11,134 shares of Class A Common Stock on July 31, 2026, generating $254,000 based on a weighted average price of $22.82. The transaction was non-discretionary, executed to satisfy tax withholding requirements tied to the vesting of restricted stock units.
The company reported trailing twelve-month revenue of $12.8 billion and net income of $199.6 million, though its stock declined 38% over the year ended July 31, 2026. Billings retains 56,094 shares directly, along with additional derivative securities vesting through March 2028.
The sale represents approximately 0.0135% of Chewy’s outstanding shares, with no indication of a shift in insider sentiment.