Form 4: Udemy CFO Sarah Blanchard Reports Tax-Related Share Withholding

Udemy's Chief Financial Officer, Sarah Blanchard, reports the withholding of shares to cover tax obligations related to vesting restricted stock units.

Summary

• Sarah Blanchard, the Chief Financial Officer of Udemy, Inc., filed a Form 4 on May 19, 2025, reporting a transaction that occurred on May 15, 2025.
• The transaction involved the withholding of 9,302 shares of common stock to satisfy tax withholding requirements on the vesting and settlement of restricted stock units and/or performance stock units.
• The price per share was $7.04.
• Following the transaction, Blanchard beneficially owns 1,098,782 shares of Udemy common stock directly.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction (tax withholding) and doesn't indicate any significant positive or negative sentiment. It's a neutral disclosure required by regulations.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, ensuring fair market practices.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a standard tax-related procedure.

Key Dates

Keywords

Form 4, insider trading, share withholding, tax obligations, restricted stock units, performance stock units, beneficial ownership, UDMY, Udemy, Sarah Blanchard, CFO