Maco Marylou 4

What Happened

• Marylou Maco, a director of Udemy, reported a disposition to the issuer of 60,484 Udemy shares on 2026-05-11. The Form 4 lists the transaction as a "D" (disposition to issuer) with no sale price or cash value reported.
• This transaction occurred in connection with the merger in which Coursera acquired Udemy; under the merger terms each Udemy share was converted into the right to receive 0.800 shares of Coursera common stock, so 60,484 Udemy shares correspond to roughly 48,387 Coursera shares (subject to rounding/cash adjustments per the merger agreement).

Key Details

• Transaction date: 2026-05-11; transaction code: D (disposition to issuer).
• Price / value: Not reported (N/A) on the Form 4.
• Shares owned after transaction: Not reported on the filing.
• Footnotes: F1 confirms the merger of Udemy into Coursera; F2 describes the 0.800 Coursera-for-1 Udemy conversion ratio (and rounding rules for certain awards).
• Filing timeliness: The Form 4 was filed on 2026-05-11 (same date as the transaction), indicating a timely report.

Context

• This was not an open-market sale but a corporate merger-related disposition/conversion of securities; such transactions are typically procedural under merger terms and do not necessarily indicate insider sentiment about the company’s stock.
• Because no cash amount or post-transaction ownership was reported, there is no direct dollar figure to assess from the filing.