According to Reuters on September 29th, the US 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 pointed out that Austin Kauh, who previously served as Chewy's Chief Financial Officer, allegedly obtained significant non-public information regarding negotiations between Chewy and pet insurance provider trupanion in 2021, and purchased trupanion stocks during the negotiations. After the partnership was announced, his two accounts profited $16,437.