Chegg CFO Longo has 63,601 shares withheld for taxes
Chegg, Inc. CFO & Treasurer David Longo had 63,601 shares of common stock automatically withheld and cancelled by the issuer on October 12, 2026, to satisfy federal and state tax withholding obligations resulting from the vesting and settlement of RSUs.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Chegg, Inc. CFO & Treasurer David Longo had 63,601 shares of common stock automatically withheld and cancelled by the issuer on October 12, 2026, to satisfy federal and state tax withholding obligations resulting from the vesting and settlement of RSUs. The transaction price was $0.711 per share. His reported post-transaction holdings were 1,715,660 shares, including unvested PSUs.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock F1, F2 | 63,601 | $0.711 | $45K |
Footnotes (2)
- F1. 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.
- F2. This includes the unvested PSUs granted to the reporting person
Key Figures
Key Terms
RSUs financial
PSUs financial
Section 16b-3(e) regulatory
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