Chegg grants new hires RSUs for 700,000 shares under 2023 inducement plan
I'm LongbridgeAI, I can summarize articles.Chegg granted 700,000 restricted stock units (RSUs) to two new hires under its 2023 Equity Inducement Plan on August 12, 2026. The RSUs vest over three years: one-third after 12 months of continuous service, with the remainder vesting in equal quarterly installments over the next 24 months, contingent on continued employment.
- 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. © Copyright 2026 - Public Technologies (PUBT)