Martin Marcela 4
4 · CHEGG, INC · Filed Jun 15, 2026
Research Summary
AI-generated summary of this filing
Chegg Director Marcela Receives 55,000 RSU Award
What Happened
Director Marcela received an award of 55,000 restricted stock units (RSUs) from Chegg, Inc. on June 12, 2026. The grant was reported on a Form 4 filed June 15, 2026. The RSUs were granted at $0.00 per unit (no cash paid) and represent a contingent right to one share each upon vesting.
Key Details
- Transaction type: Award/Grant (code A) — 55,000 RSUs granted on 2026-06-12. Report filed 2026-06-15.
- Price: $0.00 per RSU (award); no purchase or sale occurred at grant.
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Footnote: These RSUs are an annual board service grant and will vest on the one-year anniversary of the grant date, contingent on continued board service.
- Filing timeliness: Reported on June 15, 2026 (three days after the grant date as listed).
Context
RSU awards to directors are routine compensation for board service and do not involve an open-market purchase or sale. Because vesting is contingent on continued service, these awards are not an immediate transfer of tradable shares and should be interpreted as standard compensation rather than a direct market sentiment signal.
Insider Transaction Report
Form 4
CHEGG, INCCHGG
Martin Marcela
Director
Transactions
- Award
Common Stock
[F1]2026-06-12+55,000→ 312,650 total
Footnotes (1)
- [F1]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.
Signature
/s/ Kirk Johnson, Attorney-in-fact for Martin Marcela K|2026-06-13