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Chegg Reports New Employee Capital Grants Under NYSE Rule 303A.08

Chegg Reports New Employee Capital Grants Under NYSE Rule 303A.08

Chegg, Inc. (NYSE:CHGG), a leading student-centered learning platform, today announced that its Compensation Committee granted stock options under the Chegg 2023 Equity Inducement Plan on August 12, 2024.

Eleven newly hired employees received a total of 72,435 restricted stock unit (“RSUs”) awards, representing 72,435 shares of Chegg stock, pursuant to the employment incentive awards exemption under New York Stock Exchange Listing Rule 303A.08.