Chegg (CHGG) director Ted Schlein granted 119,784 RSUs and updates share holdings

Rhea-AI Filing Summary

SCHLEIN TED reported acquisition or exercise transactions in this Form 4 filing.

CHEGG, INC director Ted Schlein reported an equity award and updated holdings. He received an annual grant of 119,784 restricted stock units for board service, each representing one share of common stock upon vesting. These RSUs vest on the one-year anniversary of the grant date, conditioned on his continued board service.

Following the grant, Schlein directly holds 174,784 shares of Chegg common stock and indirectly holds 524,663 shares through the Schlein Family Trust dated April 20, 1999, where he serves as co-trustee.

Insights

Equity Compensation Analyst

Routine RSU board grant increases equity-based compensation and updates holdings.

Director Ted Schlein received 119,784 restricted stock units as an annual equity grant for board service. The award vests after one year, contingent on his continued service, and carries no cash exercise price, aligning compensation with Chegg’s equity performance.

After this grant, he directly holds 174,784 shares and indirectly 524,663 shares via the Schlein Family Trust, where he is co-trustee. This filing mainly reflects standard governance practice and updated ownership disclosure rather than a discretionary market trade.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider SCHLEIN TED

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	119,784	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 174,784 shares (Direct, null); Common Stock — 524,663 shares (Indirect, Schlein Family Trust Dtd 4/20/99)

Footnotes (1)

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 Includes 55,000 RSUs granted on June 12, 2026, that are directly owned by the Reporting Person, but were reported as owned by the Schlein Family Trust Dated April 20, 1999 Held by the Schlein Family Trust dated 4/20/99, where the reporting person is a co-trustee

Key Figures

RSU grant size: 119,784 RSUs RSU grant price: $0.0000 per share Direct holdings after grant: 174,784 shares +2 more

5 metrics

RSU grant size 119,784 RSUs Annual board-service grant on Common Stock

RSU grant price $0.0000 per share Stated transaction price per share for RSU award

Direct holdings after grant 174,784 shares Total Chegg common shares directly owned post-transaction

Indirect trust holdings 524,663 shares Shares held by Schlein Family Trust dated 4/20/99

RSU vesting period One year Vests on one-year anniversary of grant date

Key Terms

restricted stock units ("RSUs"), contingent right, vesting, co-trustee

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.

contingent right financial

"Each RSU represents a contingent right to receive one share of common stock"

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.

co-trustee financial

"Held by the Schlein Family Trust dated 4/20/99, where the reporting person is a co-trustee"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/22/2026 - 06:06 AM Accepted by SEC EDGAR 06/22/2026 - 06:06 AM 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^*

SCHLEIN TED

(Last) (First) (Middle)

C/O CHEGG, INC

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)
06/16/2026

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	06/16/2026		A		119,784(1)	A	$0	174,784(2)	D
Common Stock								524,663(3)	I	Schlein Family Trust Dtd 4/20/99

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

2. Includes 55,000 RSUs granted on June 12, 2026, that are directly owned by the Reporting Person, but were reported as owned by the Schlein Family Trust Dated April 20, 1999

3. Held by the Schlein Family Trust dated 4/20/99, where the reporting person is a co-trustee

Remarks:

	/s/ Kirk Johnson, Attorney-in-Fact for Schlein Ted	06/17/2026
	** 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)

FAQ

What insider transaction did Chegg (CHGG) director Ted Schlein report?

Ted Schlein reported receiving an annual equity grant of 119,784 restricted stock units for board service. Each RSU represents one Chegg common share upon vesting, with no cash exercise price, reflecting routine equity-based compensation rather than an open-market stock purchase or sale.

How many Chegg (CHGG) shares does Ted Schlein hold after this Form 4 filing?

After the reported transactions, Ted Schlein directly holds 174,784 shares of Chegg common stock. He also indirectly holds 524,663 shares through the Schlein Family Trust dated April 20, 1999, where he serves as co-trustee, according to the ownership details in the filing.

What are the vesting terms of Ted Schlein’s new Chegg (CHGG) RSU grant?

The 119,784 restricted stock units granted to Ted Schlein vest on the one-year anniversary of the grant date. Vesting is conditioned on his continued service on Chegg’s board through that date, after which each RSU converts into one share of Chegg common stock.

Is Ted Schlein’s Chegg (CHGG) Form 4 transaction a stock purchase or sale?

The Form 4 reports an acquisition coded as a grant or award, not an open-market purchase or sale. Schlein received 119,784 restricted stock units as equity compensation for board service, with no stated purchase price, rather than trading Chegg shares in the public market.

How are Ted Schlein’s indirect Chegg (CHGG) holdings structured?

Ted Schlein’s indirect Chegg holdings are held by the Schlein Family Trust dated April 20, 1999. The filing notes he is a co-trustee of this trust, which holds 524,663 shares of Chegg common stock after the reported transactions, separate from his directly owned shares.