Form 4: Udemy CEO Hugo Sarrazin Acquires Additional Shares

Udemy's CEO, Hugo Sarrazin, recently purchased additional shares of the company's common stock through direct and indirect transactions.

Summary

• On May 15, 2025, Hugo Sarrazin, the President and CEO of Udemy, directly acquired 5,432 shares of common stock at a weighted average price of $6.9854 per share.
• These transactions were executed in multiple trades with prices ranging from $6.95 to $7.00.
• On May 19, 2025, Sarrazin indirectly acquired 1,768 shares of common stock through a revocable trust at a weighted average price of $6.9783 per share.
• These transactions were executed in multiple trades with prices ranging from $6.94 to $7.00.
• Following these transactions, Sarrazin directly owns 1,062,055 shares and indirectly owns 10,600 shares through The Sarrazin Revocable Trust.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The CEO buying shares is generally a good sign, but the document is simply a regulatory filing of the transaction.

Positives

• The CEO's purchase of additional shares could be interpreted as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Insider buying is often monitored by investors as an indicator of management's confidence in the company's prospects. It can be a positive signal, but should be considered alongside other factors.

Stakeholder Impact

• The CEO's stock purchases may positively influence shareholder sentiment.

Key Dates

Keywords

UDMY, Hugo Sarrazin, Insider Trading, SEC Form 4, Stock Acquisition, Beneficial Ownership, CEO