[SCHEDULE 13G] CHEGG, INC Passive Investment Disclosure (>5%)
Rhea-AI Filing Summary
The Vanguard Group has filed a Schedule 13G reporting beneficial ownership of 5,595,170 shares of Chegg Inc common stock, representing 5.12% of the class as of 12/31/2025. Vanguard reports no sole voting or dispositive power, with shared voting power over 653,023 shares and shared dispositive power over 5,595,170 shares.
The filing states the position is held in the ordinary course of business and not for the purpose of changing or influencing control of Chegg. Vanguard explains that its clients have the right to receive dividends and sale proceeds, and no single other person has an interest in more than 5% of the class. It also notes an internal realignment on 01/12/2026, after which certain subsidiaries or business divisions are expected to report beneficial ownership separately.
Positive
- None.
Negative
- None.