Form 4: Udemy Executive Stephanie Stapleton Sudbury Reports Stock Transaction
SEC Form 4 Filing
Stephanie Stapleton Sudbury, President of Udemy Business, reports the disposition of 6,423 shares of common stock to cover tax obligations.
Summary
- On March 15, 2024, Stephanie Stapleton Sudbury, President of Udemy Business, reported a transaction involving Udemy, Inc. [UDMY] common stock.
- The transaction involved the disposition of 6,423 shares at a price of $10.95.
- These shares were withheld to satisfy tax obligations related to the vesting and settlement of Restricted Stock Units or Performance Stock Units.
- Following the transaction, Sudbury directly owns 284,094 shares of Udemy common stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations, so the sentiment is neutral.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, like officers and directors, trade their company's stock. This provides transparency to the market regarding the actions of those with inside knowledge of the company.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of stock transaction |
| 03/19/2024 | Date of signature for the report |
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