Form 4: Udemy's Chief Product Officer, Prasad Raje, Reports Stock Transaction
SEC Form 4 Filing
Prasad Raje, Chief Product Officer of Udemy, Inc., reports a transaction involving common stock to cover tax obligations.
Summary
- On June 15, 2024, Prasad Raje, the Chief Product Officer of Udemy, Inc., engaged in a transaction involving the company's common stock.
- The transaction involved the withholding of 1,697 shares to satisfy tax obligations related to the vesting and settlement of Restricted Stock Units and/or Performance Stock Units.
- The price per share for the transaction was $8.31.
- Following the transaction, Raje directly owns 601,874 shares of Udemy common stock.
Sentiment
Score: 5
Explanation: This is a neutral report on a routine stock transaction related to tax obligations.
Industry Context
This is a routine filing related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is related to tax obligations from stock-based compensation.
Key Dates
| Date | Description |
|---|---|
| 06/15/2024 | Date of stock transaction (disposal of shares to cover tax obligations). |
| 06/17/2024 | Date of signature for the Form 4 filing. |
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