Chegg (CHGG) CEO Daniel Rosensweig buys 100,000 shares in open trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chegg, Inc. President, CEO and Executive Chairman Daniel Rosensweig reported an open-market purchase of 100,000 shares of Chegg common stock. The shares were bought on February 13, 2026 at a weighted average price of $0.5636 per share, in multiple trades between $0.5576 and $0.5641.
Following this transaction, Rosensweig directly owns 7,625,075 shares of Chegg common stock. He also has indirect holdings of 25,000 shares held by The Rosensweig Family Revocable Trust and 24,842 shares held by The Rosensweig 2012 Irrevocable Children's Trust, where he is a co-trustee. The purchase was made after pre-clearance under the company’s insider trading policy.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 100,000 shares ($56,360)
Net Buy
3 txns
Insider
ROSENSWEIG DANIEL
Role
PRESIDENT, CEO, EXEC CHAIRMAN
Bought
100,000 shs ($56K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 100,000 | $0.5636 | $56K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 7,625,075 shares (Direct);
Common Stock — 25,000 shares (Indirect, See footnote.)
Footnotes (1)
- The reported transaction represents an open market purchase of common stock of CHGG by the Reporting Person following pre-clearance pursuant to the insider trading policy of the company. The price reported in this Column is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.5576 to $0.5641, inclusive. The Reporting Person has provided to the Issuer, and undertakes to provide any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this Form 4. Held by The Rosensweig Family Revocable Trust U/A/D 03-12-07 where the Reporting Person is a Co-Trustee. Held by The Rosensweig 2012 Irrevocable Children's Trust U/A/D 11-06-12. The Reporting Person is a Co-Trustee.
FAQ
What did Chegg (CHGG) CEO Daniel Rosensweig report in this Form 4?
Daniel Rosensweig reported an open-market purchase of 100,000 shares of Chegg common stock. The transaction occurred on February 13, 2026 at a weighted average price of $0.5636 per share, reflecting personal share accumulation by the company’s President, CEO and Executive Chairman.
Were the Chegg (CHGG) insider purchases pre-cleared under company policy?
Yes. The filing states the open-market purchase of Chegg common stock was made after pre-clearance under the company’s insider trading policy. This indicates the trade followed internal compliance procedures that govern when and how company insiders may buy or sell Chegg securities.
What do the trusts in the Chegg (CHGG) Form 4 represent?
The Form 4 lists 25,000 Chegg shares held by The Rosensweig Family Revocable Trust and 24,842 shares held by The Rosensweig 2012 Irrevocable Children’s Trust. Daniel Rosensweig is identified as co-trustee of both, and these positions are reported as indirect ownership of Chegg common stock.
How many Chegg (CHGG) insider transactions are reported in this Form 4?
The filing reports one open-market purchase transaction plus two indirect holding entries. The purchase covers 100,000 Chegg common shares, while the holding lines reflect 25,000 shares in a revocable family trust and 24,842 shares in a 2012 irrevocable children’s trust, both associated with Daniel Rosensweig.