Welcome to our dedicated page for CHEGG SEC filings (Ticker: CHGG), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Chegg, Inc. filings document the formal disclosures of a public global learning company focused on Chegg Skilling, Academic Services, language learning and AI-supported student services. Form 8-K reports record operating results, material events, material agreements, capital-structure matters and changes involving the company’s auditor and board composition.
Chegg’s proxy materials describe shareholder voting matters, classified board structure, director elections, executive compensation, equity awards and governance practices. The filing record also reflects disclosures tied to the company’s business organization, financial condition, reporting controls and public-company obligations on the NYSE.
Chegg, Inc. reported a new equity grant to director Ted Schlein. On 11/17/2025, he received 115,132 restricted stock units (RSUs) of Chegg common stock at a grant price of $0, reflecting a stock-based compensation award for board service.
Each RSU represents the right to receive one share of Chegg common stock when it vests. The shares underlying this award will vest on the one-year anniversary of the grant date, as long as Schlein continues to serve on Chegg's board through that vesting date. After this grant, he beneficially owns 444,193 shares of Chegg common stock in direct form.
Chegg, Inc. reported an equity grant to its CFO and Treasurer on 11/17/2025. The officer received 500,000 shares of common stock in the form of restricted stock units (RSUs) at a price of $0, increasing his directly held common shares to 1,671,200, and another 500,000 shares as performance-based restricted stock units (PSUs), bringing his holding to 2,171,200 shares after the second grant.
The RSUs represent the right to receive one share of Chegg common stock per unit and are scheduled to vest over time, beginning one year after the vesting commencement date, with additional vesting quarterly thereafter, subject to continued service. The 2025 PSUs will vest based on Chegg’s stock price performance, with 25% of the shares vesting at each of four appreciation thresholds of 50%, 75%, 100% and 125%, also subject to continued service and a prior performance determination by the Compensation Committee.
Chegg, Inc. reported a new equity award for Executive Chairman and Director Daniel Rosensweig. On 11/17/2025 he received 1,650,000 restricted stock units at a price of $0, each representing one share of common stock. These RSUs begin vesting from a commencement date of 10/28/2025, with one-third vesting after one year and the remainder vesting quarterly over the following two years.
He also received 3,850,000 performance-based restricted stock units granted in 2025 that become eligible to vest after the Compensation Committee determines achievement of specified performance measurements on 10/28/2028. The shares tied to these PSUs vest in four 25% tranches if the stock appreciates by 50%, 75%, 100% and 125%, subject to his continued service through each vesting date. Following these grants, Rosensweig beneficially owned 7,531,412 shares of Chegg common stock directly.
Chegg, Inc. filed a report to share that it has released a press release with its financial results for the quarter ended September 30, 2025. The press release, titled “Chegg Reports 2025 Second Quarter Earnings,” is included as Exhibit 99.01.
The company specifies that the information under Item 2.02 and in Exhibit 99.01 is being furnished rather than filed, which means it is not automatically subject to certain securities law liabilities and will not be incorporated into other SEC documents unless specifically referenced.
Chegg, Inc. reported a sharp year-over-year decline in Q3 2025 results. Net revenues were $77.7 million, down 43% from $136.6 million a year ago, as Subscription Services fell to $69.1 million and Skills and Other to $8.6 million. Gross margin compressed to 59% from 68%. The company posted a net loss of $17.5 million versus a $212.6 million loss in Q3 2024.
For the nine months, revenue was $304.2 million (down 36%), with a net loss of $70.6 million compared to $830.9 million last year, reflecting the absence of prior-year impairment charges. Cash and cash equivalents were $38.2 million, with total assets of $378.3 million and stockholders’ equity of $146.1 million as of September 30, 2025. Chegg repaid $358.9 million of its 2025 notes and extinguished $65.2 million of its 2026 notes, recognizing a $7.4 million gain.
Management cited continued headwinds from Google’s AI Overviews and broader generative AI adoption reducing traffic and subscriptions. Chegg executed cost actions, recording $27.5 million of cumulative charges under a May 2025 plan and announcing an October 2025 restructuring expected to impact ~388 employees (about 45% of the workforce), with estimated charges of $15–$19 million.
The Vanguard Group filed Amendment No. 9 to Schedule 13G reporting beneficial ownership of 5,400,367 shares of Chegg, Inc. (CHGG) common stock, representing 4.98% of the class as of 09/30/2025.
Vanguard reports 0 shares with sole voting power and 602,939 with shared voting power. It has 4,757,187 shares with sole dispositive power and 643,180 with shared dispositive power. The filing indicates ownership of 5 percent or less of the class. Vanguard states the securities were acquired and are held in the ordinary course and not to influence control.
Chegg, Inc. announced a major restructuring, cutting approximately 388 employees, or about 45% of its workforce, to align costs with a stand‑alone strategic focus. The company expects $15–$19 million in restructuring charges, with substantially all incurred by the first quarter of 2026.
Leadership is changing: Nathan Schultz stepped down as President and CEO and will serve as Executive Advisor until December 31, 2025. Dan Rosensweig resumed the roles of President and CEO effective immediately. Under his offer letter, he will receive an award of 1,650,000 RSUs with time-based vesting and up to 3,850,000 performance-based RSUs tied to stock‑price hurdles within 36 months; his base salary remains $850,000 and he is not currently eligible for an annual cash bonus.
The Board concluded its review of strategic alternatives and reaffirmed previously announced guidance for the quarter ended September 30, 2025. Director Richard Sarnoff resigned on October 21, 2025, not due to any dispute. Earnings results are scheduled for November 10, 2025.
Chegg, Inc. (CHGG) reported an insider transaction on a Form 4. On 10/12/2025, CFO & Treasurer David Longo had 1,156 shares of common stock withheld (Transaction Code F) at a listed price of $1.28 per share to satisfy tax obligations arising from RSU vesting, an exempt transaction under Section 16b-3(e). After this withholding, he beneficially owns 1,171,200 shares, held directly. The filing specifies these shares were not sold; they were cancelled by the issuer to cover withholding.
Nathan J. Schultz, Chief Executive Officer and President of Chegg, Inc. (CHGG), reported Section 16 transactions on 09/12/2025 related to withholding of shares to satisfy tax obligations arising from equity awards. The filing shows two exempt dispositions: 2,206 shares withheld from performance stock units (PSUs) and 18,493 shares withheld from restricted stock units (RSUs), each at a reported price of $1.54 per share. Those withholding actions reduced Schultz's reported direct beneficial ownership to 1,482,884 and 1,464,391 shares on the respective reporting lines; he also has an indirect ownership of 306,095 shares through the Schultz Family Trust, where he is a co-trustee. The form was signed by an attorney-in-fact on 09/15/2025. These transactions were executions of withholding provisions and not open-market sales.
Daniel Rosensweig, Executive Chairman of Chegg, Inc. (CHGG), reported a transaction dated 09/12/2025 in which 6,337 common shares were disposed of at a price of $1.54 per share. The filing states these shares were automatically withheld by the issuer to satisfy federal and state tax withholding obligations arising from the vesting and settlement of restricted stock units; the Reporting Person did not sell the shares on the open market. After the transaction, the Reporting Person directly beneficially owns 2,031,412 shares and indirectly holds 25,000 and 48,842 shares through two family trusts where he is a co-trustee. The form was signed by an attorney-in-fact on behalf of Mr. Rosensweig on 09/15/2025.