CHGG insider filing: 1,156 shares tax-withheld; 1.17M held
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Longo David
Role
CFO & Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,156 | $1.28 | $1K |
Holdings After Transaction:
Common Stock — 1,171,200 shares (Direct)
Footnotes (1)
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FAQ
What did Chegg (CHGG) disclose in this Form 4?
CFO & Treasurer David Longo had 1,156 shares withheld to cover taxes from RSU vesting (Code F), an exempt Section 16b-3(e) transaction.
Was there an open-market sale by the Chegg insider?
No. The filing states the shares were withheld and cancelled by the issuer to satisfy tax obligations; they were not sold.
What does Transaction Code F mean on Form 4 for CHGG?
Code F indicates tax withholding related to equity vesting, treated as an exempt Section 16b-3(e) transaction.
Who is the reporting person in Chegg’s Form 4?
The reporting person is David Longo, Chegg’s CFO & Treasurer.