Blanchard Sarah 4
4 · Udemy, Inc. · Filed Feb 25, 2026
Insider Transaction Report
Form 4
Udemy, Inc.UDMY
Blanchard Sarah
Chief Financial Officer
Transactions
- Award
Common Stock
[F1]2026-02-23+97,532→ 1,300,639 total - Tax Payment
Common Stock
[F2]2026-02-24$4.91/sh−14,376$70,586→ 1,286,263 total
Footnotes (2)
- [F1]Represents shares of common stock under a performance-based restricted stock unit ("PSU") award dated March 15, 2025. On February 23, 2026, a performance-based vesting condition was achieved with respect to the award. The PSUs remain subject to time-based vesting under which one-third of the total number of PSUs vest on February 24, 2026, and then 1/12th of the total number of PSUs will vest on each March 15, June 15, September 15, and December 15 thereafter, starting with June 15, 2026, subject to the reporting person's continuous service with the issuer.
- [F2]Shares withheld by Udemy to satisfy tax withholding requirements on the vesting and settlement of restricted stock units and/or performance stock units. No shares were sold.
Signature
/s/ James Babikian, Attorney-in-Fact|2026-02-25