Udemy announces voluntary option exchange program for options with exercise price ≥ $11.13

Udemy, Inc.

Eligible employees (non-board) may exchange outstanding options at or above $11.13/share for RSUs on a one-for-one basis.
New RSUs vest on a schedule approximating the remaining vesting of the exchanged options.
Program has not yet commenced; final terms subject to board approval and will be disclosed via Schedule TO.
Initiative aims to retain top talent by enhancing equity compensation competitiveness.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.