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

Signature
/s/ Kenneth Hirschman, Attorney-in-Fact
Stock symbol
UDMY
Transactions as of
Aug 1, 2024
Transactions value $
-$7,080
Form type
4
Date filed
8/5/2024, 05:04 PM
Previous filing
Jul 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UDMY Common Stock Sale -$7.08K -1K -0.24% $7.08 420K Aug 1, 2024 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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).