Udemy Inc.

05/13/2026 | Press release | Distributed by Public on 05/13/2026 19:47

Statement of Changes in Beneficial Ownership (Form 4)

FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Insight Holdings Group, LLC
2. Issuer Name and Ticker or Trading Symbol
Udemy, Inc. [UDMY]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O INSIGHT PARTNERS, 1114 AVENUE OF THE AMERICAS, 36TH FLOOR
3. Date of Earliest Transaction (Month/Day/Year)
05/11/2026
(Street)
NEW YORK, NY 10036
4. If Amendment, Date Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 05/11/2026 D 24,203,192 D (1) 0 I See footnote(2)(3)
Common Stock 05/11/2026 D 560,198 D (1) 0 I See footnote(2)(4)
Common Stock 05/11/2026 D 10,654,754 D (1) 0 I See footnote(2)(5)
Common Stock 05/11/2026 D 1,530,921 D (1) 0 I See footnote(2)(6)
Common Stock 05/11/2026 D 984,909 D (1) 0 I See footnote(2)(7)
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Insight Holdings Group, LLC
C/O INSIGHT PARTNERS
1114 AVENUE OF THE AMERICAS, 36TH FLOOR
NEW YORK, NY 10036
X
Insight Venture Associates VII, Ltd.
C/O INSIGHT PARTNERS
1114 AVENUE OF THE AMERICAS, 36TH FLOOR
NEW YORK, NY 10036
X
Insight Venture Associates VII, L.P.
C/O INSIGHT PARTNERS
1114 AVENUE OF THE AMERICAS, 36TH FLOOR
NEW YORK, NY 10036
X
Insight Venture Partners VII, L.P.
C/O INSIGHT PARTNERS
1114 AVENUE OF THE AMERICAS, 36TH FLOOR
NEW YORK, NY 10036
X
Insight Venture Partners VII (Co-Investors), L.P.
C/O INSIGHT PARTNERS
1114 AVENUE OF THE AMERICAS, 36TH FLOOR
NEW YORK, NY 10036
X
Insight Venture Partners (Cayman) VII, L.P.
C/O INSIGHT PARTNERS
1114 AVENUE OF THE AMERICAS, 36TH FLOOR
NEW YORK, NY 10036
X
Insight Venture Partners (Delaware) VII, L.P.
C/O INSIGHT PARTNERS
1114 AVENUE OF THE AMERICAS, 36TH FLOOR
NEW YORK, NY 10036
X
Insight Associates XI, Ltd.
C/O INSIGHT PARTNERS
1114 AVENUE OF THE AMERICAS, 36TH FLOOR
NEW YORK, NY 10036
X
Insight Associates XI, L.P.
C/O INSIGHT PARTNERS
1114 AVENUE OF THE AMERICAS, 36TH FLOOR
NEW YORK, NY 10036
X
Grace Software Cross Fund Holdings, LLC
C/O INSIGHT PARTNERS
1114 AVENUE OF THE AMERICAS, 36TH FLOOR
NEW YORK, NY 10036
X

Signatures

Insight Holdings Group, LLC; By /s/ Andrew Prodromos, Attorney-in-Fact 05/13/2026
**Signature of Reporting Person Date
Insight Venture Associates VII, Ltd. By /s/ Andrew Prodromos, Attorney-in-Fact 05/13/2026
**Signature of Reporting Person Date
Insight Venture Associates VII, L.P. By /s/ Andrew Prodromos, Attorney-in-Fact 05/13/2026
**Signature of Reporting Person Date
Insight Venture Partners VII, L.P. By /s/ Andrew Prodromos, Attorney-in-Fact 05/13/2026
**Signature of Reporting Person Date
Insight Venture Partners VII (Co-Investors), L.P. By /s/ Andrew Prodromos, Attorney-in-Fact 05/13/2026
**Signature of Reporting Person Date
Insight Venture Partners (Cayman) VII, L.P. By /s/ Andrew Prodromos, Attorney-in-Fact 05/13/2026
**Signature of Reporting Person Date
Insight Venture Partners (Delaware) VII, L.P. By /s/ Andrew Prodromos, Attorney-in-Fact 05/13/2026
**Signature of Reporting Person Date
Insight Associates XI, Ltd. By /s/ Andrew Prodromos, Attorney-in-Fact 05/13/2026
**Signature of Reporting Person Date
Insight Associates XI, L.P. By /s/ Andrew Prodromos, Attorney-in-Fact 05/13/2026
**Signature of Reporting Person Date
Grace Software Cross Fund Holdings, LLC By /s/ Andrew Prodromos, Attorney-in-Fact 05/13/2026
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) See Exhibit 99.1
(2) See Exhibit 99.1
(3) See Exhibit 99.1
(4) See Exhibit 99.1
(5) See Exhibit 99.1
(6) See Exhibit 99.1
(7) See Exhibit 99.1
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.
Udemy Inc. published this content on May 13, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on May 14, 2026 at 01:47 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]