secwatch.observer — SEC 8-K summary
======================================

Issuer:     Udemy, Inc. (UDMY)
CIK:        0001607939
Form:       8-K
Filed at:   2023-01-09T23:59:59+00:00
Accession:  0001607939-23-000004
Event type: leadership
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Udemy CEO Gregg Coccari to retire Feb 28; Greg Brown named successor; Q4 EBITDA guidance raised
--------------------------------------------------------------------------------

- CEO Gregg Coccari retires effective Feb 28, 2023; Greg Brown (President, Udemy Business) becomes CEO and joins Board.
- Jeff Lieberman appointed Interim Chairman; Stephanie Stapleton Sudbury promoted to President of Udemy Business.
- Q4 2022 revenue outlook $164-167M consistent; adjusted EBITDA margin expected to exceed prior guidance of (17)% to (15)%.
- Brown receives base salary $565K, 100% bonus target, and $6M RSU award vesting over 4 years.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1607939/000160793923000004/0001607939-23-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1607939/000160793923000004/udmy-20230109.htm
  HTML page:      https://secwatch.observer/filing/0001607939-23-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer