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[Form 4] CHEGG, INC Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Chegg, Inc. reported a new equity grant to director Ted Schlein. On 11/17/2025, he received 115,132 restricted stock units (RSUs) of Chegg common stock at a grant price of $0, reflecting a stock-based compensation award for board service.

Each RSU represents the right to receive one share of Chegg common stock when it vests. The shares underlying this award will vest on the one-year anniversary of the grant date, as long as Schlein continues to serve on Chegg's board through that vesting date. After this grant, he beneficially owns 444,193 shares of Chegg common stock in direct form.

Positive
  • None.
Negative
  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
SCHLEIN TED

(Last) (First) (Middle)
C/O CHEGG, INC
3990 FREEDOM CIR

(Street)
SANTA CLARA CA 95054

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CHEGG, INC [ CHGG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
11/17/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/17/2025 A 115,132(1) A $0 444,193 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents an annual grant of restricted stock units ("RSUs") for board service. Each RSU represents a contingent right to receive one share of common stock of the Issuer upon vesting. The shares underlying the RSUs will vest on the one-year anniversary of the grant date, subject to the Reporting Person's continued service on our board through the vesting date.
Remarks:
/s/ Damon Nakamura, Attorney-in-Fact for Schlein Ted 11/19/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Chegg (CHGG) report for Ted Schlein?

Chegg reported that director Ted Schlein received an annual equity grant of 115,132 restricted stock units (RSUs) of Chegg common stock on 11/17/2025 as compensation for board service.

How do the new RSUs granted to Ted Schlein at Chegg (CHGG) vest?

The 115,132 RSUs granted to Ted Schlein will vest on the one-year anniversary of the grant date, provided he continues serving on Chegg's board through that vesting date.

What does each RSU granted to Ted Schlein by Chegg (CHGG) represent?

Each restricted stock unit (RSU) represents a contingent right for Ted Schlein to receive one share of Chegg common stock upon vesting.

What is Ted Schlein’s total beneficial ownership in Chegg (CHGG) after this transaction?

Following the RSU grant, Ted Schlein beneficially owns 444,193 shares of Chegg common stock, held in direct form.

Was there any cash consideration for Ted Schlein’s new RSU grant at Chegg (CHGG)?

No cash was paid for the grant; the 115,132 RSUs were issued at a price of $0 as part of his board compensation.

What type of SEC filing reported Ted Schlein’s RSU grant at Chegg (CHGG)?

The transaction was reported on a Form 4, which discloses changes in beneficial ownership of Chegg equity securities by insiders such as directors.

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Education & Training Services
Services-educational Services
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United States
SANTA CLARA