Venu Venugopal - Jul 1, 2024 Form 4 Insider Report for Udemy, Inc. (UDMY)

Role
Chief Technology Officer
Signature
/s/ Daniel Horwood, Attorney-in-Fact
Stock symbol
UDMY
Transactions as of
Jul 1, 2024
Transactions value $
-$8,600
Form type
4
Date filed
7/2/2024, 06:57 PM
Previous filing
Jun 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction UDMY Common Stock -Sell -$8,600 -1,000 -0.24% $8.60 421,269 Jul 1, 2024 Direct

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).