Chegg (CHGG) board member receives 115,132 RSUs equity award
Rhea-AI Filing Summary
Chegg, Inc. (CHGG) reported an equity award to one of its directors in a Form 4 filing. On 11/17/2025, the director received 115,132 restricted stock units (RSUs) of Chegg common stock at a price of $0 per share as an annual grant for board service. Each RSU represents the right to receive one share of common stock when it vests.
The RSUs will vest on the one-year anniversary of the grant date, as long as the director continues to serve on Chegg’s board through that date. After this grant, the director beneficially owned 290,497 shares of Chegg common stock in total, held directly.
Positive
- None.
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- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 115,132 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
FAQ
What did Chegg (CHGG) report in this Form 4 filing?
The filing reports that a Chegg director received an annual grant of 115,132 restricted stock units (RSUs) of Chegg common stock on 11/17/2025 for board service.
How many Chegg RSUs were granted to the director and at what price?
The director was granted 115,132 RSUs of Chegg common stock at a grant price of $0 per share, reflecting a typical equity compensation award rather than a market purchase.
What is the vesting schedule for the 115,132 Chegg RSUs?
The 115,132 RSUs will vest on the one-year anniversary of the 11/17/2025 grant date, subject to the director’s continued service on Chegg’s board through the vesting date.
What role does the reporting person have at Chegg (CHGG)?
The reporting person in this Form 4 is identified as a director of Chegg, and the equity award represents compensation for board service.
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