Form 4: Chegg Director Sells Shares
Insider Transaction (Form 4)
Renee Varni Budig, a Director of Chegg, Inc, sold 54,347 shares of common stock on August 13, 2026 for $0.78 per share.
Summary
- Open-market sale: disposed of 54,347 Common Stock at $0.78 ($42,146) on August 13, 2026; holds 376,311 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $42,146 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Renee Varni Budig — Director
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-13 | Open-market sale | Common Stock | 54,347 | $1 | $42.1K | 376,311 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-13 | Open-market sale (54,347 shares) |
Keywords
insider transaction, Form 4, CHGG, CHEGG, INC, bearish, Renee Varni Budig
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