Form 4: Udemy's Chief People Officer, Karen Fascenda, Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Karen Fascenda, Chief People Officer of Udemy, Inc., reports the disposition of 9,722 shares of common stock to cover tax obligations related to vesting of stock units on July 15, 2024.
Summary
- On July 15, 2024, Karen Fascenda, the Chief People Officer of Udemy, Inc., reported a transaction involving the disposition of 9,722 shares of common stock.
- The shares were withheld to satisfy tax obligations related to the vesting and settlement of Restricted Stock Units and/or Performance Stock Units.
- The transaction price was $8.32 per share.
- Following the transaction, Fascenda directly owns 329,610 shares of Udemy common stock.
Sentiment
Score: 5
Explanation: This is a neutral filing related to standard executive compensation practices. It doesn't indicate positive or negative sentiment towards the company's performance.
Industry Context
This filing is a routine disclosure related to stock-based compensation and tax obligations, common in publicly traded companies. It doesn't necessarily reflect a change in the executive's long-term outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 07/15/2024 | Date of transaction: disposition of shares to cover tax obligations. |
| 07/16/2024 | Date of signature by Attorney-in-Fact. |
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