Form 4: Udemy's Chief People Officer Reports Stock Transaction
SEC Form 4 Filing
Karen Fascenda, Chief People Officer of Udemy, Inc., reports a transaction involving common stock to cover tax obligations.
Summary
- On June 15, 2024, Karen Fascenda, the Chief People Officer of Udemy, Inc. (UDMY), reported a transaction involving the company's common stock.
- The transaction involved the disposal of 817 shares at a price of $8.31 per share.
- These shares were withheld to satisfy tax obligations related to the vesting and settlement of Restricted Stock Units (RSUs) and/or Performance Stock Units (PSUs).
- Following the transaction, Fascenda directly owns 339,332 shares of Udemy common stock.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, with no significant impact on the company's fundamentals or investor sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. This is a routine transaction to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 06/15/2024 | Date of the stock transaction (disposal of shares). |
| 06/17/2024 | Date of signature for the Form 4 filing. |
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