Form 4: Udemy CFO's Stock Withholding for Tax Obligations

Udemy's Chief Financial Officer, Sarah Blanchard, reported a disposition of 10,747 common shares for tax withholding purposes related to vested equity.

Summary

• Sarah Blanchard, Chief Financial Officer of Udemy, Inc., reported a transaction involving the company's common stock.
• On January 15, 2026, 10,747 shares of common stock were disposed of.
• This disposition was due to shares being withheld by Udemy to satisfy tax withholding requirements upon the vesting and settlement of restricted stock units and/or performance stock units.
• The deemed price for these shares was $5.19 per share.
• No shares were sold by Ms. Blanchard in the open market.
• Following this transaction, Ms. Blanchard beneficially owns 1,208,076 shares of Udemy common stock directly.

Sentiment

Score: 5

Explanation: The transaction is a routine tax withholding event for equity compensation, which is neutral in terms of company performance or outlook.

Future Outlook

N/A

Industry Context

This is a routine insider transaction related to equity compensation and tax obligations, common across publicly traded companies, and does not reflect broader industry trends or competitive positioning.

Stakeholder Impact

• Minimal direct impact on shareholders as this is a routine tax-related transaction for executive compensation and not an open market sale or purchase affecting market liquidity or valuation significantly.

Key Dates

Recommendation

The filing details a routine tax withholding event for an executive's equity compensation, which is a neutral event and does not provide new information to warrant a change in investment recommendation. It reflects standard compensation practices rather than a strategic move or performance indicator.

Keywords

Udemy, UDMY, Sarah Blanchard, CFO, Form 4, SEC Filing, Stock Transaction, Tax Withholding, Restricted Stock Units, Performance Stock Units, Insider Transaction