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Udemy, Inc. 2025-2026 Proxy Voting Records

Compiled from SEC Form N-PX filings. Page generated 02 October 2026.

  • 3Reported items
  • 187Asset managers
  • 641Fund votes
  • 2026-04-09Meeting date

Proxy season: 2023-2024 2024-2025 2025-2026

Explore Udemy, Inc. in the interactive database Compare manager voting policies

How asset managers voted at the Udemy, Inc. 2025-2026 meeting

Each item below shows how the 187 asset managers that disclosed a Udemy, Inc. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of Udemy, Inc.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. To approve, on a non-binding advisory basis, certain compensation that may be paid or become payable to Udemy's named executive officers that is based on or otherwise relates to the merger contemplated by the Merger Agreement.

SECTION 14A SAY-ON-PAY VOTES

Combines 3 wordings of this item as funds reported it.

99.7% fund support · no official result

FOR 99.7%

The 184 asset managers below cast 99.7% of the shares they voted on this item FOR (60,289,614 for, 137,788 against).

FOR: 60,289,614 (99.8%)AGAINST: 137,788 (0.2%)
Largest asset managers voting on “To approve, on a non-binding advisory basis, certain compensation that may be paid or become payable to Udemy'” at Udemy, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Caledonia (Private) Investments Pty Ltd10,995,8920 00For
Vanguard9,145,4087,477 00For
BlackRock5,942,2230 00For
WESTERLY CAPITAL MANAGEMENT, LLC4,250,0000 00For
MAK CAPITAL ONE LLC3,854,4910 00For
Sea Cliff Partners Management, LP3,239,4170 00For
GEODE CAPITAL MANAGEMENT, LLC2,395,5500 00For
Fidelity2,157,9830 00For
State Street1,850,7133,399 00For
Charles Schwab1,399,2200 00For
Invenomic Capital Management LP1,386,0980 00For
PACIFIC INVESTMENT MANAGEMENT CO LLC1,146,7000 00For
DE Shaw1,108,2800 00For
AQR1,084,2850 00For
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP772,0650 00For
Northern Trust753,6590 00For
Goldman Sachs499,7000 00For
Wellington496,0100 00For
Pacer Funds Trust420,2400 00For
Victory Capital400,2860 00For
AllianceBernstein388,5160 00For
Dimensional367,9150 00For
Nuveen346,2410 00For
TIAA341,1630 00For
MELLON INVESTMENTS Corp300,9530 00For

Showing the 25 largest of 184 asset managers. See all 184 in the interactive database.

2. TO APPROVE ONE OR MORE ADJOURNMENTS OF THE SPECIAL MEETING OF STOCKHOLDERS TO A LATER DATE OR TIME, IF DEEMED NECESSARY OR APPROPRIATE, INCLUDING ADJOURNMENTS TO PERMIT THE SOLICITATION OF ADDITIONAL VOTES OR PROXIES IF THERE ARE NOT SUFFICIENT VOTES CAST AT THE SPECIAL MEETING OF STOCKHOLDERS TO APPROVE THE UDEMY MERGER PROPOSAL.

CORPORATE GOVERNANCE

99.2% fund support · no official result

FOR 99.2%

The 55 asset managers below cast 99.2% of the shares they voted on this item FOR (17,854,005 for, 126,278 against).

FOR: 17,854,005 (99.3%)AGAINST: 126,278 (0.7%)
Largest asset managers voting on “TO APPROVE ONE OR MORE ADJOURNMENTS OF THE SPECIAL MEETING OF STOCKHOLDERS TO A LATER DATE OR TIME, IF DEEMED ” at Udemy, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard8,369,8634 00For
BlackRock3,471,8950 00For
Fidelity2,152,3800 00For
Charles Schwab699,3260 00For
Pacer Funds Trust420,2400 00For
TIAA341,1630 00For
Dimensional238,1700 00For
Equitable193,2880 00For
Principal Exchange-Traded Funds177,7800 00For
New York Life176,4400 00For
Goldman Sachs162,3810 00For
Invesco157,5510 00For
QUANTITATIVE MASTER SERIES LLC151,9920 00For
ALTSHARES TRUST137,7790 00For
Lincoln Financial66,61166,100 00For
WisdomTree120,9710 00For
PIMCO87,5000 00For
Northern Lights Fund Trust IV82,9690 00For
Northern Trust61,1330 00For
Putnam52,9480 00For
AIG/SunAmerica49,2070 00For
Global X44,0230 00For
State Street043,109 00Against
Guggenheim38,1850 00For
Brighthouse33,4950 00For

Showing the 25 largest of 55 asset managers. See all 55 in the interactive database.

3. To adopt the Agreement and Plan of Merger (as it may be amended from time to time, the "Merger Agreement"), dated as of December 17, 2025, by and among Udemy, Inc. ("Udemy"), Coursera, Inc. and Chess Merger Sub, Inc. (the "Udemy Merger Proposal").

EXTRAORDINARY TRANSACTIONS

Combines 3 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 55 asset managers below cast 100% of the shares they voted on this item FOR (28,975,700 for, 0 against).

FOR: 28,975,700 (100.0%)
Largest asset managers voting on “To adopt the Agreement and Plan of Merger (as it may be amended from time to time, the "Merger Agreement"), da” at Udemy, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Caledonia (Private) Investments Pty Ltd10,995,8920 00For
Vanguard8,369,8680 00For
BlackRock3,471,8950 00For
Fidelity2,152,3800 00For
Charles Schwab699,3260 00For
Pacer Funds Trust420,2400 00For
TIAA341,1630 00For
Dimensional238,1700 00For
Equitable193,2880 00For
Principal Exchange-Traded Funds177,7800 00For
New York Life176,4400 00For
Goldman Sachs162,3810 00For
Invesco157,5510 00For
QUANTITATIVE MASTER SERIES LLC151,9920 00For
ALTSHARES TRUST137,7790 00For
Lincoln Financial132,7110 00For
WisdomTree120,9710 00For
PIMCO87,5000 00For
Northern Lights Fund Trust IV82,9690 00For
Northern Trust61,1330 00For
Putnam52,9480 00For
AIG/SunAmerica49,2070 00For
Global X44,0230 00For
State Street43,1090 00For
Guggenheim38,1850 00For

Showing the 25 largest of 55 asset managers. See all 55 in the interactive database.

Largest Udemy, Inc. shareholders voting in 2025-2026

Ranked by the number of Udemy, Inc. shares each manager voted on the most widely held ballot item of the 2025-2026 meeting, shown as a share of the 145,935,525 shares outstanding at the time of that meeting.

Top Udemy, Inc. shareholders by shares voted, 2025-2026
#Asset manager % of shares outstanding
1Caledonia (Private) Investments Pty Ltd 7.53%
2Vanguard 6.27%
3BlackRock 4.07%
4WESTERLY CAPITAL MANAGEMENT, LLC 2.91%
5MAK CAPITAL ONE LLC 2.64%
6Sea Cliff Partners Management, LP 2.22%
7GEODE CAPITAL MANAGEMENT, LLC 1.64%
8Fidelity 1.48%
9State Street 1.27%
10Charles Schwab 0.96%

Reported Udemy, Inc. ownership

Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).

Udemy, Inc. beneficial owners on record for the 2025-2026 proxy season
Holder % outstanding Disclosure
Entities affiliated with Insight Venture Partners 26.06% DEF14A
MIH Edtech Investments B.V. 9.54% DEF14A
Caledonia (Private) Investments Pty Limited 8.03% DEF14A
Vanguard Group 6.27% 13F
BlackRock 4.89% 13F
Goldman Sachs 2.51% 13F
Geode Capital 1.53% 13F
State Street 1.42% 13F
Eren Bali 1.03% DEF14A
Millennium Management 1.00% 13F

Percentages above are of 145,935,525 shares outstanding, as reported by Udemy, Inc. on its Form 10-K/A dated 2026-03-31 (see the filing on EDGAR). This is the count contemporaneous with the 2025-2026 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from Udemy, Inc.’s 10-K/A dated 2026-03-31. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At Udemy, Inc.'s shareholder meeting held 2026-04-09, in the 2025-2026 proxy season, 187 asset managers reported how they voted in their SEC Form N-PX filings, covering 641 separate fund positions. Their filings are grouped here into 3 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. No official Form 8-K vote tally has been matched to this meeting, so this page states no certified outcome for its most widely held ballot item. On that item — To approve, on a non-binding advisory basis, certain compensation that may be paid or become… — the reporting funds cast 99.7% of the shares they voted in favour (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.

Udemy, Inc. proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).