Blanchard Sarah 4

What Happened
Sarah Blanchard, Chief Financial Officer of Udemy, was granted 194,500 restricted stock units (RSUs) on February 27, 2026. The award shows an acquisition amount of 194,500 shares at $0.00 (typical for RSU grants, which have no purchase price). This is a compensation award rather than an open‑market purchase or sale.

Key Details

• Transaction date: 2026-02-27; Price reported: $0.00 (RSU grant).
• Shares/units granted: 194,500 RSUs.
• Shares owned after transaction: Not disclosed in the provided filing summary.
• Footnote: RSUs granted under the 2021 Equity Incentive Plan; 1/4 vest on June 15, 2026 and then on each quarterly anniversary thereafter, subject to continued service.
• Filing timeliness: Reported for period 2026-02-27 (no late‑filing flag indicated).

Context
RSUs represent a promise to deliver shares if and when they vest; there is no exercise required and no immediate cash paid by the insider. Grants are a form of compensation and do not by themselves indicate buying or selling sentiment. The vesting schedule means the award will convert to shares gradually beginning June 15, 2026, assuming Blanchard remains with the company.