ROSENSWEIG DANIEL 4
4 · CHEGG, INC · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
Chegg (CHGG) CEO Daniel Rosensweig Buys 100,000 Shares
What Happened Daniel Rosensweig, President, CEO and Executive Chairman of Chegg (CHGG), reported an open-market purchase of 100,000 shares on February 13, 2026. The reported weighted-average price was $0.56 per share (range $0.5576–$0.5641), for a total disclosed cash outlay of approximately $56,360. The purchase was pre-cleared under the company’s insider trading policy.
Key Details
- Transaction date: 2026-02-13; Form 4 filed: 2026-02-18 (filed within the SEC two-business-day window given the Presidents' Day holiday).
- Price: weighted average $0.56; individual trades ranged from $0.5576 to $0.5641 (Reporting Person can provide exact breakdown on request).
- Shares acquired: 100,000 (Transaction code: P — Purchase).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Notable footnotes: purchase was pre-cleared (F1); price is a weighted average with a disclosed range (F2); some holdings reported are held by The Rosensweig Family Revocable Trust and The Rosensweig 2012 Irrevocable Children's Trust, for which the Reporting Person is co-trustee (F3, F4). A signed authentication document for the filing is retained by the company.
Context This was an outright open-market buy rather than a sale or option exercise. Insider purchases are often watched by investors as one data point of insider activity; in this case the transaction was small in dollar terms (~$56k) and executed through/held in trusts where Rosensweig is co-trustee. The filing appears to be timely under SEC Form 4 rules.
Insider Transaction Report
- Purchase
Common Stock
[F1][F2]2026-02-13$0.56/sh+100,000$56,360→ 7,625,075 total
- 25,000(indirect: See footnote.)
Common Stock
[F3] - 24,842(indirect: See footnote.)
Common Stock
[F4]
Footnotes (4)
- [F1]The reported transaction represents an open market purchase of common stock of CHGG by the Reporting Person following pre-clearance pursuant to the insider trading policy of the company.
- [F2]The price reported in this Column is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.5576 to $0.5641, inclusive. The Reporting Person has provided to the Issuer, and undertakes to provide any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this Form 4.
- [F3]Held by The Rosensweig Family Revocable Trust U/A/D 03-12-07 where the Reporting Person is a Co-Trustee.
- [F4]Held by The Rosensweig 2012 Irrevocable Children's Trust U/A/D 11-06-12. The Reporting Person is a Co-Trustee.