Chegg Form 4: Board member reports 115,132 RSU award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chegg, Inc. director reports annual RSU grant
A Chegg, Inc. director filed a Form 4 disclosing an annual equity award for board service. On 11/17/2025, the director received 115,132 restricted stock units (RSUs) of Chegg common stock at a price of $0, increasing the director’s beneficial ownership to 257,650 shares held directly after the transaction.
Each RSU represents a contingent right to receive one share of Chegg common stock upon vesting. The RSUs are scheduled to vest on the one-year anniversary of the grant date, conditioned on the director’s continued service on the board through the vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Martin Marcela
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 115,132 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 257,650 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Chegg (CHGG) disclose in this Form 4?
The filing reports that a Chegg director received 115,132 RSUs of Chegg common stock as an annual equity grant for board service on 11/17/2025.
What is the total Chegg (CHGG) stock beneficially owned by the reporting director after this grant?
After the reported RSU grant, the director beneficially owns 257,650 shares of Chegg common stock held directly.
What are the key terms of the Chegg (CHGG) RSU award reported?
The award consists of 115,132 RSUs, each representing a contingent right to receive one share of Chegg common stock upon vesting, with no purchase price ($0).
When do the reported Chegg (CHGG) RSUs vest?
The RSUs will vest on the one-year anniversary of the grant date, subject to the director’s continued service on the Chegg board through the vesting date.
What role does the reporting person hold at Chegg (CHGG)?
The reporting person is a director of Chegg, Inc., as indicated in the relationship section of the Form 4.
Is the Chegg (CHGG) Form 4 filed by a single reporting person or a group?
The Form 4 is indicated as being filed by one reporting person, not by a group.