Form 4: Udemy CEO Gregory Scott Brown Reports Tax-Related Share Withholding
SEC Form 4 Filing
Udemy's CEO, Gregory Scott Brown, reports the withholding of 20,002 common stock shares to cover tax obligations arising from the vesting and settlement of restricted stock units and/or performance stock units.
Summary
- Gregory Scott Brown, the President and CEO of Udemy, Inc., filed a Form 4 on September 17, 2024.
- The report details a transaction on September 15, 2024, where 20,002 shares of common stock were withheld to satisfy tax obligations.
- The shares were withheld by Udemy at a price of $8.07 per share.
- Following the transaction, Brown directly owns 1,213,727 shares of Udemy common stock.
Sentiment
Score: 7
Explanation: The document reflects a neutral event (tax withholding) and doesn't suggest any positive or negative implications for the company's performance or outlook. It's a routine disclosure.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax-related share withholding, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 09/15/2024 | Date of transaction: 20,002 shares of common stock withheld for tax obligations. |
| 09/17/2024 | Date of Form 4 filing. |
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