Heather Hoffert - 22 Feb 2024 Form 4 Insider Report for 2U, Inc.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
26 Feb 2024, 21:40:45 UTC
Prior SEC filing
04 Jan 2024
Next SEC filing
03 Apr 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Matthew J. Norden, attorney-in-fact

Key filing fact

Heather Hoffert filed Form 4 for 2U, Inc. on 26 Feb 2024.

Key facts

  • This page summarizes Heather Hoffert's Form 4 filing for 2U, Inc..
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 26 Feb 2024, 21:40.

Change

  • Previous filing in this sequence was filed on 04 Jan 2024.
  • Current net transaction value: -$190.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TWOU transaction

Common Stock

Award

Transaction value
$0
Shares
+1,340
Change %
+2.7%
Price
$0.000000
Shares after
50,295
Date
22 Feb 2024
Ownership
Direct
Footnotes
F1, F2
TWOU transaction

Common Stock

Tax liability

Transaction value
$190
Shares
-474
Change %
-0.94%
Price
$0.4000
Shares after
49,821
Date
26 Feb 2024
Ownership
Direct
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

The security represents shares granted to the reporting person in connection with the certification of performance metrics of performance-based restricted stock units previously granted to the reporting person.

Footnote F2

The reporting person was granted performance-based restricted stock units on March 10, 2022, which vest in the form of common stock based on metrics previously set by the Compensation Committee of issuer's Board as measured over three one-year performance periods (the "2022 Award") commencing on January 1 of 2022, 2023 and 2024. On February 22, 2024, the Compensation Committee determined the achievement percentage attained for the second performance period of the 2022 Award, which resulted in the acquisition of these shares.

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