CHGG · Chegg, Inc

$0.85 -0.13 (-13.03%) At close · Sep 4

Market Cap

$94.52M

111.03M

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Dan Rosensweig	President, Chief Executive Officer and Executive Chairman	$850,000	—	$4,070,000	—	—	$14,000	$4,934,000
Nathan Schultz	Former President and Chief Executive Officer The amounts reported in this column represent the aggregate grant date fair value of RSU and PSU awards granted under our 2023 Equity Incentive Plan, as computed in accordance with ASC 718. For fiscal year 2025, the amounts include PSUs granted to Mr. Rosensweig and Mr. Longo that will become vested only if our stock price reaches sustained stock price hurdles of 50%, 75%, 100%, and 125% above our October 28, 2025 stock price. A tranche of the total number of PSUs will become vested only as of a measurement date that is 18 months or 36 months following the grant date, subject to Mr. Rosensweig's or Mr. Longo's service until that date, and only if the volume weighted average closing price per share of stock equals or exceeds the target stock price over a sixty day trading period. If any PSUs have not vested by the end of the term of the award, they will be forfeited and Mr. Rosensweig and Mr. Longo will not realize the value of such PSUs. The PSUs are valued on the probable outcome of the market-condition goals, determined using a Monte Carlo simulation model. For information regarding assumptions, factors and methodologies used in our computations pursuant to Topic 718, see Note 2 to our consolidated financial statements in our Annual Report on Form 10-K for the year ended December 31, 2025. The value of the PSU awards at the grant date assuming that the highest level of performance conditions will be achieved was $3,927,000 for Mr. Rosensweig and $510,000 for Mr. Longo. The amounts in the column represent our contributions to the account under our 401(k) plan for each NEO. For fiscal year 2025, for Mr. Schultz, the amounts further include $1,700,000 paid under his Transition and Separation Agreement under which Mr. Schultz was eligible for separation payments and benefits pursuant to the termination “other than for Cause” provisions of the Chegg, Inc. Severance Plan (the "Severance Plan") that apply when the qualifying termination occurs within two years following adoption of the Severance Plan and is not in connection with a “Change in Control” (all terms as defined in the Severance Plan) and $230,769 paid as a lump sum in connection with the termination of the Chegg, Inc. sabbatical program, under which all employees with more than 10 years of service who had not yet taken a sabbatical received a cash payment equal to the salary they would have earned during their sabbatical period.	$1,000,000	$150,000	$1,500,000	—	$75,000	$1,944,769	$4,669,769
David Longo	Chief Financial Officer	$688,750	$353,313	$2,320,000	—	$90,234	$14,000	$3,466,297

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Nathan Schultz	President and Chief Executive Officer	$958,333	—	$3,159,750	—	—	$13,800	$4,131,883
David Longo	Chief Financial Officer	$651,813	—	$1,899,998	—	—	$13,800	$2,565,611
Dan Rosensweig	Executive Chair and Co-Chairperson of our Board of Directors, Former President and Chief Executive Officer	$954,167	—	$1,436,250	—	—	$13,800	$2,404,217
Andrew Brown	Former Chief Financial Officer	$360,938	—	—	—	—	$11,000	$371,938
Esther Lem	Former Chief Marketing Officer Represents our contributions to the account under our 401(k) plan for each NEO. In addition, Ms. Lem received $16,962 in Company-paid COBRA continuation coverage related to her separation from the Company.	$302,500	—	—	—	—	$18,979	$321,479

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Nathan Schultz	President and Chief Executive Officer	$900,000	—	$6,599,975	—	—	$13,200	$7,513,175
Dan Rosensweig	Executive Chair and Co-Chairperson of our Board of Directors, Former President and Chief Executive Officer	$1,100,000	—	$3,666,649	—	—	$13,200	$4,779,849
Andrew Brown	Former Chief Financial Officer	$850,000	—	$1,833,325	—	—	$13,200	$2,671,525
Esther Lem	Former Chief Marketing Officer Represents our contributions to the account under our 401(k) plan for each NEO. In addition, Ms. Lem received $16,962 in Company-paid COBRA continuation coverage related to her separation from the Company.	$605,000	—	$1,173,318	—	—	$2,017	$1,780,334
John Fillmore	Former President of Chegg Skills	$446,875	—	—	—	—	$4,767	$451,642
David Longo	Chief Financial Officer	—	—	—	—	—	—	—

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Dan Rosensweig	Executive Chair and Co-Chairperson of our Board of Directors, Former President and Chief Executive Officer	$1,075,000	—	$10,999,964	—	—	$12,200	$12,087,164
Nathan Schultz	President and Chief Executive Officer	$821,875	—	$5,499,946	—	—	$12,200	$6,334,021
Andrew Brown	Former Chief Financial Officer	$806,250	—	$5,499,946	—	—	$12,200	$6,318,396
John Fillmore	Former President of Chegg Skills	$698,750	—	$4,399,986	—	—	$12,200	$5,110,936
Esther Lem	Former Chief Marketing Officer Represents our contributions to the account under our 401(k) plan for each NEO. In addition, Ms. Lem received $16,962 in Company-paid COBRA continuation coverage related to her separation from the Company.	$591,250	—	$3,519,960	—	—	$12,200	$4,123,410

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Dan Rosensweig	President and Chief Executive Officer	$1,000,000	—	$19,999,479	—	—	$6,126	$21,005,605
Andrew Brown	Former Chief Financial Officer	$750,000	—	$9,999,672	—	—	$6,500	$10,756,172
Nathan Schultz	Chief Operating Officer	$750,000	—	$9,999,672	—	—	$4,875	$10,754,547
John Fillmore	Former President of Chegg Skills	$650,000	—	$7,999,725	—	—	$4,875	$8,654,600
Esther Lem	Former Chief Marketing Officer Represents our contributions to the account under our 401(k) plan for each NEO.	$550,000	—	$6,399,720	—	—	$6,500	$6,956,220

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Dan Rosensweig	President and Chief Executive Officer	$1,000,000	—	$9,374,954	—	—	$6,126	$10,381,080
Andrew Brown	Chief Financial Officer	$652,083	—	$4,374,973	—	—	$6,500	$5,033,556
Nathan Schultz	Chief Operating Officer	$652,083	—	$4,374,973	—	—	$4,875	$5,031,931
John Fillmore	President of Chegg Skills	$552,083	—	$2,999,957	—	—	$4,875	$3,556,915
Esther Lem	Chief Marketing Officer Represents our contributions to the account under our 401(k) plan for each NEO.	$514,583	—	$2,999,957	—	—	$6,500	$3,521,040

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Dan Rosensweig	President and Chief Executive Officer	$1,000,000	—	$8,124,945	—	—	$6,126	$9,131,071
Andrew Brown	Chief Financial Officer	$600,000	—	$3,749,966	—	—	$6,250	$4,356,216
Nathan Schultz	President of Learning Services	$583,333	—	$3,749,966	—	—	$4,750	$4,338,049
Michael Osier	Chief Information Officer and Chief Outcomes Officer	$500,000	—	$2,624,956	—	—	—	$3,124,956
John Fillmore	President of Chegg Skills	$478,333	—	$2,624,956	—	—	$4,750	$3,108,039
Esther Lem	Chief Marketing Officer Represents our contributions to the account under our 401(k) plan for each NEO.	$420,833	—	$2,249,979	—	—	$6,250	$2,677,062

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Dan Rosensweig	President and Chief Executive Officer	$986,667	—	$8,124,969	—	—	$5,871	$9,117,507
Andrew Brown	Chief Financial Officer	$586,667	—	$3,249,968	—	—	$6,000	$3,842,635
Nathan Schultz	President of Learning Services	$491,667	—	$2,624,985	—	—	$4,625	$3,121,277
Michael Osier	Chief Information Officer and Chief Outcomes Officer	$491,667	—	$2,624,985	—	—	—	$3,116,652
Esther Lem	Chief Marketing Officer The amounts reported in this column represent the aggregate grant date fair value of RSU and PSU awards granted under our 2013 Equity Incentive Plan, as computed in accordance with ASC 718. The grant date fair value was determined using the closing share price of our common stock on the date of grant. For fiscal year 2020, the amounts include PSUs valued at the grant date based upon the maximum achievement of the performance conditions. The aggregate grant date fair values of the PSUs for fiscal year 2020 in the table above reflect the maximum potential value of the PSUs (assuming the highest level of performance achievement) and were $5,624,988 for Mr. Rosensweig, $2,624,991 for Mr. Brown, $2,624,991 for Mr. Schultz, $1,799,974 for Mr. Fillmore and $1,799,974 for Ms. Lem. Represents our contributions to the account under our 401(k) plan for each NEO.	$398,333	—	$2,124,980	—	—	$6,125	$2,529,438
John Fillmore	President of Chegg Skills	$366,667	—	$1,724,991	—	—	$4,625	$2,096,283

Fiscal 2017

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Dan Rosensweig	President and Chief Executive Officer	$920,000	—	$7,124,994	—	—	—	$8,044,994
Andrew Brown	Chief Financial Officer	$520,000	—	$2,784,681	—	—	$6,000	$3,310,681
Nathan Schultz	President of Learning Services	$446,120	—	$2,226,553	—	—	$4,500	$2,677,173
Michael Osier	Chief Information Officer and Chief Outcomes Officer	$446,120	—	$2,226,553	—	—	—	$2,672,673

Executive changes

Person	Role	Change	Effective	Filed
Renee Budig	Class III director	Appointed	2026-03-25	2026-03-31
Renee Budig	director	Resigned	2026-03-25	2026-03-31
Daniel Rosensweig	Chief Executive Officer	Appointed	2025-10-27	2025-10-27
Richard Sarnoff	member of our Board	Resigned	2025-10-21	2025-10-27
Dan Rosensweig	President and Chief Executive Officer	Appointed	2025-10-27	2025-10-27
Marcela Martin	Class III director	Appointed	2025-06-04	2025-06-06

Key facts CIK 1364954 CUSIP 163092109 13F (30d) 70 filings 69 filers Visit website Investor relations