Udemy Inc. has entered into an acceleration agreement with President and CEO Hugo Sarrazin in connection with its pending merger with Coursera, Inc. Under the agreement, Sarrazin will receive an accelerated portion of his 2025 target annual bonus amounting to $362,466, paid before the end of 2025. Additionally, 354,014 restricted stock units from his original new hire award will vest immediately, ahead of their original March 2026 schedule. Both the accelerated bonus and stock units are subject to repayment or forfeiture if Sarrazin resigns or is terminated for cause before specific dates tied to the original vesting and bonus payout schedule.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Udemy Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-328869), on December 22, 2025, and is solely responsible for the information contained therein.