Chegg director gets 55,000-share annual RSU grant

CHEGG, INC director Marcela Martin received an equity grant for board service.

Rhea-AI Filing Summary

CHEGG, INC director Marcela Martin received an equity grant for board service. The filing reports an award of 55,000 shares of Common Stock in the form of restricted stock units, with no purchase price. Following this grant, her directly owned position is 312,650 shares.

The footnote explains this is an annual RSU grant for board service. Each RSU converts into one share of Chegg common stock after vesting. The entire RSU award will vest on the one-year anniversary of the grant date, if she continues serving on the board through that date.

Insider Trade Summary

Grant/Award: 55,000 shares

Grant/Award 1 txn

Insider Martin Marcela

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	55,000	$0.00	$0.00

Holdings After Transaction: Common Stock — 312,650 shares (Direct)

Footnotes (1)

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.

Key Figures

RSU grant size: 55,000 shares Transaction price: $0.0000 per share Shares after transaction: 312,650 shares +1 more

4 metrics

RSU grant size 55,000 shares Annual restricted stock unit grant for board service

Transaction price $0.0000 per share Reported price per share for RSU award

Shares after transaction 312,650 shares Total direct holdings following RSU grant

Vesting period 1 year RSUs vest on one-year anniversary of grant date

Key Terms

restricted stock units ("RSUs"), board service, vesting, grant date

4 terms

restricted stock units ("RSUs") financial

"Represents an annual grant of restricted stock units ("RSUs") for board service."

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

board service financial

"Represents an annual grant of restricted stock units ("RSUs") for board service."

vesting financial

"The shares underlying the RSUs will vest on the one-year anniversary of the grant date"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

grant date financial

"will vest on the one-year anniversary of the grant date"

The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Chegg (CHGG) director Marcela Martin report in this Form 4?

Marcela Martin reported receiving 55,000 restricted stock units as an equity award for board service. These RSUs represent a contingent right to receive Chegg common shares and reflect compensation rather than an open-market stock purchase or sale.

How many Chegg (CHGG) shares did Marcela Martin acquire in this grant?

She acquired 55,000 restricted stock units, each representing one future share of Chegg common stock upon vesting. The grant carries a zero dollar transaction price, consistent with a compensation award rather than a market transaction involving cash consideration or a negotiated share price.

When do Marcela Martin’s new Chegg (CHGG) RSUs vest?

The RSUs vest on the one-year anniversary of the grant date, according to the footnote. Vesting is conditioned on her continued service on Chegg’s board through that anniversary, so leaving the board earlier would affect the number of shares ultimately delivered.

What is Marcela Martin’s Chegg (CHGG) share ownership after this transaction?

After the grant, she directly owns 312,650 shares of Chegg common stock, as reported in the filing. This figure reflects her holdings following the 55,000-share RSU award, providing context for her overall equity exposure to the company.

Is this Chegg (CHGG) Form 4 an open-market trade or a compensation grant?

This Form 4 reflects a compensation grant, not an open-market trade. The RSUs were awarded for board service, have a reported price per share of zero, and will convert into shares only if vesting conditions based on continued board service are satisfied.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/15/2026 - 09:42 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Martin Marcela

(Last) (First) (Middle)

2261 MARKET STREET, SUITE 46218

(Street)

SAN FRANCISCO CALIFORNIA 94114

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CHEGG, INC [ CHGG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/12/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/12/2026		A		55,000(1)	A	$0	312,650	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

Remarks:

	/s/ Kirk Johnson, Attorney-in-fact for Martin Marcela K	06/13/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)