Form 4: Udemy Director Marylou Maco Receives 44,134 Restricted Stock Units

Udemy director Marylou Maco was granted 44,134 restricted stock units (RSUs) that will vest over three years.

Summary

• Marylou Maco, a director at Udemy, Inc., received 44,134 restricted stock units (RSUs) on December 2, 2024.
• These RSUs were granted under the company's 2021 Equity Incentive Plan.
• The RSUs will vest in three equal tranches on December 2, 2025, December 2, 2026, and December 2, 2027.

Sentiment

Score: 7

Explanation: The document reflects a standard corporate practice of equity compensation for directors, which is generally viewed positively as it aligns interests. There are no negative implications.

Positives

• The grant of RSUs aligns the director's interests with the long-term performance of the company.
• The vesting schedule encourages continued service and contribution from the director.

Industry Context

Equity grants to directors are a common practice in publicly traded companies to incentivize and align their interests with shareholders.

Comparison to Industry Standards

• The vesting schedule of three years is a typical vesting period for RSU grants to directors in the tech industry.
• The size of the grant is likely based on the director's role, responsibilities, and the company's overall compensation strategy, which is common practice.

Stakeholder Impact

• The RSU grant has a minor positive impact on shareholders as it aligns the director's interests with the company's long-term success.

Key Dates

Keywords

restricted stock units, RSUs, equity compensation, director, Udemy, stock grant, vesting