Chegg 2026 Meeting: Director Vote, Pay Approval, Stock Split

Chegg, Inc. filed an 8-K form on June 12, 2026, reporting the results of its 2026 Annual Meeting of Stockholders. Shareholders approved four key proposals: 1) Election of three directors - Dan Rosensweig and Ted Schlein as Class I directors, and Renee Budig as Class III director, all with substantial support; 2) Non-binding advisory approval of named executive officer compensation for 2025; 3) Ratification of Grant Thornton LLP as independent auditor for 2026; and 4) Authorization for a reverse stock split at a ratio between 1-for-4 and 1-for-15, to be implemented at the Board's discretion. The reverse stock split proposal received strong support with 77.6 million votes for versus 7.3 million against. All directors were elected with significant margins, and the executive compensation plan was approved despite some opposition.