secwatch.observer — SEC 8-K summary
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Issuer:     CHEGG, INC (CHGG)
CIK:        0001364954
Form:       8-K
Filed at:   2021-09-15T23:59:59+00:00
Accession:  0001364954-21-000104
Event type: leadership
Sentiment:  positive
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chegg appoints Squarespace CFO Marcela Martin to board, effective Sept 15, 2021
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- Marcela Martin appointed as Class III director and member of Audit Committee.
- Board size increased from 9 to 10 to accommodate appointment.
- Standard non-employee director compensation: $40k annual cash retainer plus $10k for Audit Committee, pro-rated for 2021.
- Eligible for two RSU grants: $200k vesting in one year and $200k vesting quarterly over three years.
- Martin is CFO of Squarespace, led its direct listing in May 2021; previously CFO of Booking.com.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1364954/000136495421000104/0001364954-21-000104-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1364954/000136495421000104/chgg-20210915.htm
  HTML page:      https://secwatch.observer/filing/0001364954-21-000104

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer