Udemy, Inc. — Director's Dealing 2026

Feb 25, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Udemy, Inc. (UDMY)
CIK: 0001607939
Period of Report: 2026-02-23

Reporting Person: Blanchard Sarah (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2026-02-23	Common Stock	A	97532	—	Acquired	1300639	Direct
2026-02-24	Common Stock	F	14376	$4.91	Disposed	1286263	Direct

Footnotes

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.