Hill is reportedly in talks to play the college roommate of Shia LaBeouf's Sam Witwicky character at Princeton.
IESB.net also has a casting sheet for the film and this is the description of Witwicky's roommate:
"[CHUCK] 19-25 yrs., Sam's roommate at Princeton. He runs a conspiracy theory website. Funny in an irreverent, edgy way, he is shocked to see his conspiracy theories come to life. (2nd Lead)"
The sequel is set to begin filming this summer for a June 26, 2009 release.