Form 4: Udemy's Chief Technology Officer, Venu Venugopal, Reports Stock Transactions
SEC Form 4 Filing
Udemy's Chief Technology Officer, Venu Venugopal, reports the disposition of shares to cover tax obligations and a sale of common stock.
Summary
- Venu Venugopal, the Chief Technology Officer of Udemy, Inc., filed a Form 4 detailing changes in beneficial ownership.
- On June 15, 2024, 9,271 shares of common stock were disposed of to satisfy tax obligations at a price of $8.31 per share.
- On June 17, 2024, 1,000 shares of common stock were sold at a price of $8.31 per share.
- Following these transactions, Venugopal directly owns 422,269 shares of Udemy common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, which carries a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common for publicly traded companies like Udemy.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 06/15/2024 | 9,271 shares disposed of to satisfy tax obligations at $8.31 per share. |
| 06/17/2024 | 1,000 shares sold at $8.31 per share. |
| 06/17/2024 | Filing date of the Form 4. |
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