Chegg CFO David Longo gets salary hike to $750k, retention bonuses, and equity grants

CHEGG, INC

Salary increased to $750k/year; eligible for four $250k quarterly retention bonuses through Aug 2026.
Additional $500k transaction bonus severance if terminated in connection with a change in control.
Granted 500k RSUs vesting over 3 years and up to 500k performance-based RSUs with stock-price hurdles.
Retention bonuses require continuous employment through specific dates: Nov 28, 2025; Feb 27, 2026; May 29, 2026; Aug 31, 2026.

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