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STOCK TITAN

[Form 4] CHEGG, INC. Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Chegg, Inc. (CHGG) Form 4 filing overview: On 06/04/2025, director Marcela K. Martin received an annual grant of 55,000 restricted stock units (RSUs) for board service. Each RSU converts into one common share upon vesting on the one-year anniversary of the grant date, contingent on continued board service. The award was issued at $0 exercise price, increasing Martin’s total direct beneficial ownership to 142,518 shares following the transaction. No shares were disposed of, and no derivative securities other than the RSUs were reported. The filing, executed by attorney-in-fact Woodie H. Dixon Jr. on 06/23/2025, indicates routine director compensation and does not cite any 10b5-1 trading plan.

Panoramica del deposito Form 4 di Chegg, Inc. (CHGG): Il 04/06/2025, la direttrice Marcela K. Martin ha ricevuto una concessione annuale di 55.000 unità di azioni vincolate (RSU) per il suo servizio nel consiglio di amministrazione. Ogni RSU si trasforma in un'azione ordinaria al momento del consolidamento, che avviene all'anniversario di un anno dalla data di concessione, a condizione che il servizio nel consiglio continui. L'assegnazione è stata emessa con un prezzo di esercizio di 0$, portando la proprietà diretta totale di Martin a 142.518 azioni dopo la transazione. Non sono state cedute azioni e non sono stati segnalati altri strumenti derivati oltre alle RSU. Il deposito, eseguito dall'avvocato Woodie H. Dixon Jr. il 23/06/2025, indica una compensazione ordinaria per il direttore e non menziona alcun piano di trading 10b5-1.

Resumen del formulario Form 4 de Chegg, Inc. (CHGG): El 04/06/2025, la directora Marcela K. Martin recibió una concesión anual de 55,000 unidades de acciones restringidas (RSU) por su servicio en la junta directiva. Cada RSU se convierte en una acción común al cumplir un año desde la fecha de concesión, condicionado a la continuidad del servicio en la junta. La concesión se emitió con un precio de ejercicio de $0, aumentando la propiedad directa total de Martin a 142,518 acciones tras la transacción. No se dispusieron acciones y no se reportaron otros valores derivados aparte de las RSU. El formulario, firmado por el apoderado Woodie H. Dixon Jr. el 23/06/2025, indica una compensación rutinaria para directores y no menciona ningún plan de negociación 10b5-1.

Chegg, Inc. (CHGG) Form 4 제출 개요: 2025� 6� 4�, 이사 마르셀� K. 마틴은 이사� 서비스에 대� 연간 55,000개의 제한 주식 단위(RSU)� 수령했습니다. � RSU� 부여일로부� 1� 후에 베스팅되� 보통� 1주로 전환되며, 계속 이사� 서비스가 조건입니�. � 보상은 행사가� $0� 발행되어 거래 � 마틴� 직접 소유 주식 총수가 142,518�� 증가했습니다. 주식 처분은 없었으며 RSU 외의 다른 파생 증권� 보고되지 않았습니�. 2025� 6� 23� 대리인 우디 H. 딕슨 주니어가 서명� � 제출서는 일상적인 이사 보상� 나타내며 10b5-1 거래 계획은 언급하지 않습니다.

Vue d'ensemble du dépôt du formulaire 4 de Chegg, Inc. (CHGG) : Le 04/06/2025, la directrice Marcela K. Martin a reçu une attribution annuelle de 55 000 unités d'actions restreintes (RSU) pour son service au conseil d'administration. Chaque RSU se convertit en une action ordinaire à la date d'anniversaire d'un an de l'attribution, sous réserve de la poursuite du service au conseil. L'attribution a été émise à un prix d'exercice de 0 $, portant la propriété directe totale de Martin à 142 518 actions suite à la transaction. Aucune action n'a été cédée et aucun autre titre dérivé que les RSU n'a été déclaré. Le dépôt, signé par le mandataire Woodie H. Dixon Jr. le 23/06/2025, indique une rémunération habituelle du directeur et ne mentionne aucun plan de trading 10b5-1.

Überblick über die Form 4 Einreichung von Chegg, Inc. (CHGG): Am 04.06.2025 erhielt die Direktorin Marcela K. Martin eine jährliche Zuteilung von 55.000 Restricted Stock Units (RSUs) für ihre Tätigkeit im Vorstand. Jede RSU wandelt sich nach einem Jahr ab dem Zuteilungsdatum in eine Stammaktie um, vorausgesetzt, die Vorstandstätigkeit wird fortgesetzt. Die Zuteilung erfolgte zu einem Ausübungspreis von 0$, wodurch Martins gesamtes direktes wirtschaftliches Eigentum nach der Transaktion auf 142.518 Aktien anstieg. Es wurden keine Aktien veräußert, und es wurden keine derivativen Wertpapiere außer den RSUs gemeldet. Die Einreichung, ausgeführt vom Bevollmächtigten Woodie H. Dixon Jr. am 23.06.2025, weist auf eine routinemäßige Vergütung des Direktors hin und nennt keinen 10b5-1 Handelsplan.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine director RSU grant; immaterial to CHGG valuation.

The 55,000-share RSU award represents less than 0.05% of Chegg’s ~123 million shares outstanding and therefore has negligible dilution impact. Because the grant vests over one year and was issued at no cost, it aligns with standard director compensation practices and signals continued board engagement by Marcela Martin. No purchase, sale, or derivative exercise occurred, so there is no immediate market transaction to influence supply or insider sentiment. Overall, the filing is administrative and neutral for investors.

Panoramica del deposito Form 4 di Chegg, Inc. (CHGG): Il 04/06/2025, la direttrice Marcela K. Martin ha ricevuto una concessione annuale di 55.000 unità di azioni vincolate (RSU) per il suo servizio nel consiglio di amministrazione. Ogni RSU si trasforma in un'azione ordinaria al momento del consolidamento, che avviene all'anniversario di un anno dalla data di concessione, a condizione che il servizio nel consiglio continui. L'assegnazione è stata emessa con un prezzo di esercizio di 0$, portando la proprietà diretta totale di Martin a 142.518 azioni dopo la transazione. Non sono state cedute azioni e non sono stati segnalati altri strumenti derivati oltre alle RSU. Il deposito, eseguito dall'avvocato Woodie H. Dixon Jr. il 23/06/2025, indica una compensazione ordinaria per il direttore e non menziona alcun piano di trading 10b5-1.

Resumen del formulario Form 4 de Chegg, Inc. (CHGG): El 04/06/2025, la directora Marcela K. Martin recibió una concesión anual de 55,000 unidades de acciones restringidas (RSU) por su servicio en la junta directiva. Cada RSU se convierte en una acción común al cumplir un año desde la fecha de concesión, condicionado a la continuidad del servicio en la junta. La concesión se emitió con un precio de ejercicio de $0, aumentando la propiedad directa total de Martin a 142,518 acciones tras la transacción. No se dispusieron acciones y no se reportaron otros valores derivados aparte de las RSU. El formulario, firmado por el apoderado Woodie H. Dixon Jr. el 23/06/2025, indica una compensación rutinaria para directores y no menciona ningún plan de negociación 10b5-1.

Chegg, Inc. (CHGG) Form 4 제출 개요: 2025� 6� 4�, 이사 마르셀� K. 마틴은 이사� 서비스에 대� 연간 55,000개의 제한 주식 단위(RSU)� 수령했습니다. � RSU� 부여일로부� 1� 후에 베스팅되� 보통� 1주로 전환되며, 계속 이사� 서비스가 조건입니�. � 보상은 행사가� $0� 발행되어 거래 � 마틴� 직접 소유 주식 총수가 142,518�� 증가했습니다. 주식 처분은 없었으며 RSU 외의 다른 파생 증권� 보고되지 않았습니�. 2025� 6� 23� 대리인 우디 H. 딕슨 주니어가 서명� � 제출서는 일상적인 이사 보상� 나타내며 10b5-1 거래 계획은 언급하지 않습니다.

Vue d'ensemble du dépôt du formulaire 4 de Chegg, Inc. (CHGG) : Le 04/06/2025, la directrice Marcela K. Martin a reçu une attribution annuelle de 55 000 unités d'actions restreintes (RSU) pour son service au conseil d'administration. Chaque RSU se convertit en une action ordinaire à la date d'anniversaire d'un an de l'attribution, sous réserve de la poursuite du service au conseil. L'attribution a été émise à un prix d'exercice de 0 $, portant la propriété directe totale de Martin à 142 518 actions suite à la transaction. Aucune action n'a été cédée et aucun autre titre dérivé que les RSU n'a été déclaré. Le dépôt, signé par le mandataire Woodie H. Dixon Jr. le 23/06/2025, indique une rémunération habituelle du directeur et ne mentionne aucun plan de trading 10b5-1.

Überblick über die Form 4 Einreichung von Chegg, Inc. (CHGG): Am 04.06.2025 erhielt die Direktorin Marcela K. Martin eine jährliche Zuteilung von 55.000 Restricted Stock Units (RSUs) für ihre Tätigkeit im Vorstand. Jede RSU wandelt sich nach einem Jahr ab dem Zuteilungsdatum in eine Stammaktie um, vorausgesetzt, die Vorstandstätigkeit wird fortgesetzt. Die Zuteilung erfolgte zu einem Ausübungspreis von 0$, wodurch Martins gesamtes direktes wirtschaftliches Eigentum nach der Transaktion auf 142.518 Aktien anstieg. Es wurden keine Aktien veräußert, und es wurden keine derivativen Wertpapiere außer den RSUs gemeldet. Die Einreichung, ausgeführt vom Bevollmächtigten Woodie H. Dixon Jr. am 23.06.2025, weist auf eine routinemäßige Vergütung des Direktors hin und nennt keinen 10b5-1 Handelsplan.

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)
3990 FREEDOM CIRCLE

(Street)
SANTA CLARA CA 95054

(City) (State) (Zip)
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)
3. Date of Earliest Transaction (Month/Day/Year)
06/04/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 06/04/2025 A 55,000(1) A $0 142,518 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:
Woodie H. Dixon Jr., Attorney-in-Fact for Marcela K. Martin 06/23/2025
** 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.

FAQ

How many Chegg (CHGG) shares did Marcela Martin receive in the latest Form 4?

She received 55,000 restricted stock units, each representing one future share.

What is the vesting schedule for the 55,000 RSUs granted to Marcela Martin?

The RSUs vest in full one year after the 06/04/2025 grant date, contingent on continued board service.

What is Marcela Martin's total beneficial ownership after this transaction?

Following the grant, she beneficially owns 142,518 shares of Chegg common stock.

Was any cash paid for the RSU grant reported in Chegg's Form 4?

No. The RSUs were granted at a $0 exercise or purchase price as part of director compensation.

Does the Form 4 mention a Rule 10b5-1 trading plan?

The filing does not indicate the transaction was made pursuant to a 10b5-1 plan.
Chegg Inc

NYSE:CHGG

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169.45M
101.93M
5.1%
79.76%
9.58%
Education & Training Services
Services-educational Services
United States
SANTA CLARA