[Form 4] CHEGG, INC Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chegg, Inc. CFO & Treasurer David Longo reported a disposition of 63,601 shares of Chegg common stock on 12 July 2026. The shares were automatically withheld by Chegg to satisfy federal and state tax obligations arising from the vesting and settlement of restricted stock units, as an exempt transaction under Section 16b-3(e). The filing states that Longo did not sell any shares in the market; the withheld shares were cancelled by the issuer. After this tax-withholding event, Longo holds 1,779,261 shares of Chegg common stock directly, including unvested performance stock units.
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 | 63,601 | $0.8535 | $54K |
Holdings After Transaction:
Common Stock — 1,779,261 shares (Direct)
Footnotes (1)
- 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. This includes the unvested PSUs granted to the reporting person