Chegg, Inc. Submits Matters for Shareholder Vote
Ticker: CHGG · Form: 8-K · Filed: Jun 5, 2024
Sentiment: neutral
Topics: shareholder-vote, corporate-governance
Related Tickers: CHGG
TL;DR
Chegg's shareholders are voting on key company matters.
AI Summary
On June 5, 2024, Chegg, Inc. filed an 8-K report to announce the submission of matters to a vote of its security holders. This filing indicates that important decisions requiring shareholder approval are on the agenda, though specific details of these matters are not provided in this excerpt.
Why It Matters
This filing signals that Chegg is proceeding with corporate actions that require shareholder consent, which could impact the company's future direction and governance.
Risk Assessment
Risk Level: low — This is a routine procedural filing related to shareholder votes, not an event that inherently introduces new financial or operational risks.
Key Players & Entities
- Chegg, Inc. (company) — Registrant
- June 5, 2024 (date) — Date of report
FAQ
What specific matters are being submitted for a vote of Chegg, Inc.'s security holders?
The provided excerpt of the 8-K filing states that matters are being submitted to a vote of security holders, but it does not specify what those matters are.
When was this 8-K filing submitted?
The 8-K filing was submitted on June 5, 2024.
What is the principal executive office address for Chegg, Inc.?
The address of Chegg, Inc.'s principal executive offices is 3990 Freedom Circle, Santa Clara, California, 95054.
What is Chegg, Inc.'s telephone number?
Chegg, Inc.'s telephone number, including area code, is (408) 855-5700.
Under which section of the Securities Exchange Act of 1934 is this 8-K report filed?
This 8-K report is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
Filing Stats: 580 words · 2 min read · ~2 pages · Grade level 12.2 · Accepted 2024-06-05 16:20:34
Key Financial Figures
- $0.001 — ange on which registered Common stock, $0.001 par value per share CHGG The New York S
Filing Documents
- chgg-20240605.htm (8-K) — 40KB
- 0001364954-24-000047.txt ( ) — 160KB
- chgg-20240605.xsd (EX-101.SCH) — 2KB
- chgg-20240605_lab.xml (EX-101.LAB) — 21KB
- chgg-20240605_pre.xml (EX-101.PRE) — 12KB
- chgg-20240605_htm.xml (XML) — 3KB
07 Submissions of Matters to a Vote of Security Holders
Item 5.07 Submissions of Matters to a Vote of Security Holders. On June 5, 2024, Chegg, Inc. (the "Company") held its 2024 Annual Meeting of Stockholders (the "Meeting"). At the Meeting, the stockholders voted on the following four proposals, each of which is described in detail in the Company's definitive proxy statement filed with the Securities and Exchange Commission on April 19, 2024. All nominated directors were elected and the other proposals were approved by the required stockholder vote. The final voting results with respect to each proposal are set forth in the following tables. 1. To elect three Class II directors, to serve until the third annual meeting of stockholders following the Meeting and until their successors are elected and qualified or until their resignation or removal: Nominee For Against Broker Non-Votes Marne Levine 69,716,817 3,361,660 12,082,880 Paul LeBlanc 38,784,071 34,294,514 12,082,880 Richard Sarnoff 69,698,380 3,379,258 12,082,880 2. To approve, on a non-binding advisory basis, the compensation paid by the Company to our named executive officers for the year ended December 31, 2023: For Against Abstain Broker Non-Votes 57,764,346 12,690,542 2,673,621 12,082,880 3. To approve, on a non-binding basis, the frequency of future advisory votes on executive compensation. 1 Year 2 Years 3 Years Abstain 68,878,814 30,070 4,002,005 217,620 4. To ratify the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the year ending December 31, 2024: For Against Abstain Broker Non-Votes 83,992,250 1,050,679 168,460 —
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. CHEGG, INC. By: /s/ David Longo Name: David Longo Title: Chief Financial Officer Date: June 5, 2024