Sept 27 (Reuters) - A former Chewy executive will pay
$35,275 to settle U.S. Securities and Exchange Commission
insider trading charges dating from 2021, the regulator said on
Friday.
Austin Kauh, who had been Chewy's director of Treasury,
allegedly obtained material nonpublic information about
partnership negotiations between Chewy and pet insurance
provider Trupanion in 2021.
During the negotiation period, Kauh purchased Trupanion
shares resulting in gains of $16,437 across two accounts after
the partnership was announced, the SEC said.
(Reporting by Hannah Lang in New York)