Chegg grants new hires RSUs for 700,000 shares under 2023 inducement plan

Reuters2026/08/13 20:07

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Chegg granted 700,000 restricted stock units to two newly hired employees under its 2023 Equity Inducement Plan on Aug. 12, 2026.
RSUs vest over three years, with one-third vesting after 12 months of continuous service.
Remaining RSUs vest in equal quarterly installments over the next 24 months, subject to continued service through each vesting date.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Chegg Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202608131605BIZWIRE_USPR_____20260812_BW120186) on August 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Chegg grants new hires RSUs for 700,000 shares under 2023 inducement plan

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