Daniel Rosensweig, PRESIDENT, CEO & CO-CHAIRMAN at CHEGG, INC (CHGG), sold 150,000 shares at $40.69 ($6.1M) on 2019-08-20, disclosed to the SEC on 2019-08-22.
Seasonal sale ($6.1M) by PRESIDENT, CEO & CO-CHAIRMAN — this insider has traded CHGG in August in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $40.69 | 50,000 | $2.0M | 33.3% |
| 2 | $40.69 | 100,000 | $4.1M | 66.7% |
| Total | $40.69 avg | 150,000 | $6.1M | 100% |
| Filing → |
| CHGG | BUY | 2021-12-01 | $1.4M | — | Filing → |
| RENT | BUY | 2021-11-02 | $105K | — | Filing → |
| CHGG | SELL | 2021-02-23 | $29.9M | — | Filing → |