▾ G11 Media Network: | ChannelCity | ImpresaCity | SecurityOpenLab | Italian Channel Awards | Italian Project Awards | Italian Security Awards | ...
InnovationOpenLab

Chegg Reports New Hire Equity Grants Under NYSE Rule 303A.08

Chegg, Inc. (NYSE:CHGG), a global learning company, today announced that on March 13, 2026 (“Grant Date”), its Compensation Committee granted equity awards pursuant to the Chegg 2023 Equity Induce...

Immagine

SAN FRANCISCO: Chegg, Inc. (NYSE:CHGG), a global learning company, today announced that on March 13, 2026 (“Grant Date”), its Compensation Committee granted equity awards pursuant to the Chegg 2023 Equity Inducement Plan (the “Plan”).

One newly hired employee received a grant of restricted stock units (“RSUs”) representing 150,000 shares of Chegg common stock (“Shares”) in reliance on the employment inducement award exception to New York Stock Exchange Listing Rule 303A.08. The RSUs will vest over two years, with 50% of the Shares vesting after the employee has been employed for 12 months of continuous service after the Grant Date, and the remaining 50% of the Shares will vest in equal quarterly installments after the completion of continuous service thereafter.

About Chegg

Chegg is a learning platform helping businesses bring new skills to their workforce and giving lifelong learners and students the skills and confidence to succeed. Focused on the skilling market, which is $40 billion and growing, Chegg offers innovative tools for workplace readiness, professional upskilling, and language learning. Chegg also continues to offer students artificial intelligence (AI)-driven, personalized support. Chegg remains committed to its mission of improving learning outcomes and career opportunities for millions around the world. Chegg is a publicly held company and trades on the NYSE under the symbol CHGG. For more information, visit www.chegg.com.

Fonte: Business Wire

If you liked this article and want to stay up to date with news from InnovationOpenLab.com subscribe to ours Free newsletter.

Related news

Last News

RSA at Cybertech Europe 2024

Alaa Abdul Nabi, Vice President, Sales International at RSA presents the innovations the vendor brings to Cybertech as part of a passwordless vision for…

Italian Security Awards 2024: G11 Media honours the best of Italian cybersecurity

G11 Media's SecurityOpenLab magazine rewards excellence in cybersecurity: the best vendors based on user votes

How Austria is making its AI ecosystem grow

Always keeping an European perspective, Austria has developed a thriving AI ecosystem that now can attract talents and companies from other countries

Sparkle and Telsy test Quantum Key Distribution in practice

Successfully completing a Proof of Concept implementation in Athens, the two Italian companies prove that QKD can be easily implemented also in pre-existing…

Most read

Roblox Announces Roblox Plus, a New Subscription Plan Offering Exclusive…

Roblox (NYSE: RBLX) today announced Roblox Plus, a new subscription plan designed to deliver more value to its users. Available globally starting April…

Energy Vault Enters Japanese Market with Acquisition of 850 MW Energy…

$NRGV--Energy Vault Holdings, Inc. (NYSE: NRGV) (“Energy Vault” or the “Company”), a global leader in sustainable, grid-scale energy storage and AI compute…

Western Union to Release First Quarter 2026 Results on April 24, 2026

The Western Union Company (NYSE: WU) announced today that Chief Executive Officer, Devin McGranahan, and Chief Financial Officer, Matt Cagwin, will host…

SS&C to Release First Quarter 2026 Earnings

SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), a global provider of services and software for the financial services and healthcare industries,…

Newsletter signup

Join our mailing list to get weekly updates delivered to your inbox.

Sign me up!