Eren Bali - 02 Apr 2025 Form 4 Insider Report for Udemy, Inc. (UDMY)

Signature
/s/ James Babikian, Attorney-in-Fact
Issuer symbol
UDMY
Transactions as of
02 Apr 2025
Net transactions value
-$6,768
Form type
4
Filing time
03 Apr 2025, 17:42:21 UTC
Previous filing
17 Mar 2025
Next filing
13 Jun 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UDMY Common Stock Sale $6,768 -846 -0.04% $8.00 2,183,386 02 Apr 2025 Direct F1
* 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).

Explanation of Responses:

Id Content
F1 The reported sale occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 13, 2024.