The U.S. Securities and Exchange Commission (SEC) stated on Friday that a former Chewy executive will pay $35,275 to settle charges of insider trading since 2021. The SEC indicated that Austin Kauh, who was previously Chewy's CFO, allegedly acquired significant non-public information in 2021 regarding negotiations between Chewy and pet insurance provider Trupanion, and purchased Trupanion stocks during the negotiations. Subsequently, after the partnership was announced, his two accounts profited $16,437.