UDMY Form 144: Insider to Sell 100,000 Shares via Morgan Stanley Smith Barney

Rhea-AI Filing Summary

Udemy, Inc. (UDMY) filed a Form 144 reporting a proposed sale of 100,000 common shares through Morgan Stanley Smith Barney on 08/13/2025, with an aggregate market value of $697,610 and 150,343,676 shares outstanding. The filing lists the sale to be executed on NASDAQ.

The notice shows the 100,000 shares were acquired via restricted stock vesting under a registered plan on 11/15/2022 (54,369 shares), 12/15/2023 (7,376 shares) and 02/15/2024 (38,255 shares). The filer reports no securities sold in the past three months and affirms they do not possess any undisclosed material adverse information.

Positive

• Complete Rule 144 disclosure filed identifying broker, shares, value, and planned sale date
• Shares originate from restricted stock vesting with specific acquisition dates and amounts disclosed

Negative

• None.

Insights

Securities Analyst

TL;DR: Disclosed insider liquidity from vested awards; unlikely to be market-moving.

The Form 144 documents a proposed sale of 100,000 common shares valued at $697,610, to be executed through Morgan Stanley Smith Barney on Nasdaq. The filing details the exact vesting-origin of the shares (three vesting dates totaling 100,000 shares) and states there were no sales in the past three months, which reduces the signal of sustained insider selling. As presented, this is a routine, compliance-driven disclosure tied to vested restricted stock rather than an operational or financial change at the company.

Corporate Governance Expert

TL;DR: Filing appears procedurally compliant; disclosure of acquisition dates enhances transparency.

The notice includes specific acquisition dates and amounts for the securities being sold and a broker designation, meeting Rule 144 disclosure expectations. The signer also affirms the absence of undisclosed material adverse information and the form carries the standard criminal-misstatement cautions. These elements support procedural compliance and transparency around an insider liquidity event without indicating governance irregularities in the document itself.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	100000	697610.00	150343676	08/13/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	11/15/2022	Restricted stock vesting under a registered plan	Issuer			54369	11/15/2022	Not Applicable
Common	02/15/2024	Restricted stock vesting under a registered plan	Issuer			38255	02/15/2024	Not Applicable
Common	12/15/2023	Restricted stock vesting under a registered plan	Issuer			7376	12/15/2023	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many Udemy (UDMY) shares are proposed for sale in this Form 144?

The filing reports a proposed sale of 100,000 common shares.

What is the aggregate market value of the shares in the Udemy Form 144?

The aggregate market value is listed as $697,610.

Who is the broker handling the proposed Udemy share sale?

The broker named is Morgan Stanley Smith Barney LLC, Executive Financial Services, 1 New York Plaza, 8th Floor, New York, NY 10004.

When is the approximate date of sale reported in the filing?

The approximate date of sale is listed as 08/13/2025.

Where did the filer acquire the 100,000 Udemy shares being sold?

The shares were acquired via restricted stock vesting on 11/15/2022 (54,369), 12/15/2023 (7,376) and 02/15/2024 (38,255).

Has the filer sold any Udemy securities in the past three months according to this filing?

The filing states Nothing to Report for securities sold during the past three months.