ABBASI SOHAIB 4

What Happened
Sohaib Abbasi, a director of Udemy, was granted 5,411 restricted stock units (RSUs) on March 31, 2026. The Form 4 records the acquisition price as $0.00 (an award/compensation grant). The RSUs vest immediately, but Abbasi has elected to defer settlement of the RSUs until separation of service from the company.

Key Details

• Transaction date: 2026-03-31; reported acquisition: 5,411 RSUs at $0.00.
• Filing date: 2026-04-01 (filed the next day — appears timely).
• Shares owned after transaction: not specified in the provided filing details.
• Footnote: RSUs were granted under the issuer’s 2021 Equity Incentive Plan, vest immediately, and were elected in lieu of a cash retainer with settlement deferred until separation of service.
• Transaction type code: A = Award/Grant.

Context
RSUs are a form of compensation that typically convert to shares (or cash) upon settlement; immediate vesting means Abbasi has the right to these units now but has chosen to defer actual receipt until leaving the company. This is a compensation award, not an open-market purchase or sale, and therefore is not a direct signal of insider buying or selling intent.