Chegg CFO Form 4: 1,156 shares withheld; 1,171,200 owned
Chegg, Inc. (CHGG) reported an insider transaction on a Form 4.
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Rhea-AI Filing Summary
Chegg, Inc. (CHGG) reported an insider transaction on a Form 4. On 10/12/2025, CFO & Treasurer David Longo had 1,156 shares of common stock withheld (Transaction Code F) at a listed price of $1.28 per share to satisfy tax obligations arising from RSU vesting, an exempt transaction under Section 16b-3(e). After this withholding, he beneficially owns 1,171,200 shares, held directly. The filing specifies these shares were not sold; they were cancelled by the issuer to cover withholding.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,156 | $1.28 | $1K |
Footnotes (1)
- F1. 1. Exempt transaction pursuant to Section 16b-3(e) payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were automatically withheld by the Issuer in accordance with the agreement governing the restricted stock units ("RSUs") to satisfy federal and state tax withholding obligations of the Reporting Person resulting from the vesting and settlement of RSUs. The Reporting Person did not sell any of the shares reported on this Form 4 item; such shares were cancelled by the Issuer in accordance with the foregoing.
FAQ
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What did Chegg (CHGG) disclose in this Form 4?
Was there an open-market sale by the Chegg insider?
What does Transaction Code F mean on Form 4 for CHGG?
Who is the reporting person in Chegg’s Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.