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Compiled from SEC Form N-PX filings and Udemy, Inc.’s Form 8-K, filed April 9, 2026 (Item 5.07 on EDGAR). Page generated October 25, 2026.
Meeting of April 9, 2026: 2 items on Udemy, Inc.’s Form 8-K, filed April 9, 2026: 2 without a stated outcome.
None.
Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided
Explore Udemy, Inc. in the interactive database Compare manager voting policies
These tallies are Udemy, Inc.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed April 9, 2026 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.
| Ballot item | For | Against | Abstain | Withheld | Broker non-votes | Support (of votes cast) | Reported outcome | Voting standard |
|---|---|---|---|---|---|---|---|---|
| 1. Adoption of the Merger Agreement | 114,961,096 | 147,832 | 12,795 | -- | 0 | 99.8% | Not verified | — |
| 2. Approval, 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 | 114,153,868 | 827,032 | 140,823 | -- | 0 | 99.2% | Not verified | — |
Source: Udemy, Inc., Form 8-K, filed with the SEC on April 9, 2026 — read the filing on EDGAR.
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.
Combines 4 wordings of this item as funds reported it.
99.8% Majority: yes · of votes cast
Description as filed by funds: 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").
Udemy, Inc.’s own tally for this item (“1. Adoption of the Merger Agreement”): 114,961,096 for, 147,832 against, per its Form 8-K filed April 9, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.8% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 8,369,868 | 0 | 0 | 0 | For |
| BlackRock | 3,471,895 | 0 | 0 | 0 | For |
| Fidelity | 2,152,380 | 0 | 0 | 0 | For |
| Charles Schwab | 699,326 | 0 | 0 | 0 | For |
| Pacer Funds Trust | 420,240 | 0 | 0 | 0 | For |
| TIAA | 341,163 | 0 | 0 | 0 | For |
| Dimensional | 238,170 | 0 | 0 | 0 | For |
| Equitable | 193,288 | 0 | 0 | 0 | For |
| Principal Exchange-Traded Funds | 177,780 | 0 | 0 | 0 | For |
| New York Life | 176,440 | 0 | 0 | 0 | For |
| Goldman Sachs | 162,381 | 0 | 0 | 0 | For |
| Invesco | 157,551 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 151,992 | 0 | 0 | 0 | For |
| ALTSHARES TRUST | 137,779 | 0 | 0 | 0 | For |
| Lincoln Financial | 132,711 | 0 | 0 | 0 | For |
| WisdomTree | 120,971 | 0 | 0 | 0 | For |
| PIMCO | 87,500 | 0 | 0 | 0 | For |
| Northern Lights Fund Trust IV | 82,969 | 0 | 0 | 0 | For |
| Northern Trust | 61,133 | 0 | 0 | 0 | For |
| Putnam | 52,948 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 49,207 | 0 | 0 | 0 | For |
| Global X | 44,023 | 0 | 0 | 0 | For |
| State Street | 43,109 | 0 | 0 | 0 | For |
| Guggenheim | 38,185 | 0 | 0 | 0 | For |
| Brighthouse | 33,495 | 0 | 0 | 0 | For |
Fund voting reports, all 55 managers: 17,982,704 for. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Caledonia (Private) Investments Pty Ltd | 10,995,892 | 0 | 0 | 0 | For |
Institutional-manager reports, all 1 managers: 10,995,892 for.
99.2% of fund votes cast · no official result
Description as filed by funds: 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.
The 55 asset managers below reported 17,856,425 for, 126,278 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 8,369,863 | 4 | 0 | 0 | For |
| BlackRock | 3,471,895 | 0 | 0 | 0 | For |
| Fidelity | 2,152,380 | 0 | 0 | 0 | For |
| Charles Schwab | 699,326 | 0 | 0 | 0 | For |
| Pacer Funds Trust | 420,240 | 0 | 0 | 0 | For |
| TIAA | 341,163 | 0 | 0 | 0 | For |
| Dimensional | 238,170 | 0 | 0 | 0 | For |
| Equitable | 193,288 | 0 | 0 | 0 | For |
| Principal Exchange-Traded Funds | 177,780 | 0 | 0 | 0 | For |
| New York Life | 176,440 | 0 | 0 | 0 | For |
| Goldman Sachs | 162,381 | 0 | 0 | 0 | For |
| Invesco | 157,551 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 151,992 | 0 | 0 | 0 | For |
| ALTSHARES TRUST | 137,779 | 0 | 0 | 0 | For |
| Lincoln Financial | 66,611 | 66,100 | 0 | 0 | Mixed |
| WisdomTree | 120,971 | 0 | 0 | 0 | For |
| PIMCO | 87,500 | 0 | 0 | 0 | For |
| Northern Lights Fund Trust IV | 82,969 | 0 | 0 | 0 | For |
| Northern Trust | 61,133 | 0 | 0 | 0 | For |
| Putnam | 52,948 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 49,207 | 0 | 0 | 0 | For |
| Global X | 44,023 | 0 | 0 | 0 | For |
| State Street | 0 | 43,109 | 0 | 0 | Against |
| Guggenheim | 38,185 | 0 | 0 | 0 | For |
| Brighthouse | 33,495 | 0 | 0 | 0 | For |
Showing the 25 largest of 55 asset managers. See all 55 in the interactive database.
Combines 5 wordings of this item as funds reported it.
99.2% Majority: yes · of votes cast
Description as filed by funds: 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.
Udemy, Inc.’s own tally for this item (“2. Approval, 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”): 114,153,868 for, 827,032 against, per its Form 8-K filed April 9, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.2% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 8,362,391 | 7,477 | 0 | 0 | For |
| BlackRock | 3,471,895 | 0 | 0 | 0 | For |
| Fidelity | 2,152,380 | 0 | 0 | 0 | For |
| Charles Schwab | 699,326 | 0 | 0 | 0 | For |
| Pacer Funds Trust | 420,240 | 0 | 0 | 0 | For |
| TIAA | 341,163 | 0 | 0 | 0 | For |
| Dimensional | 238,170 | 0 | 0 | 0 | For |
| Equitable | 193,288 | 0 | 0 | 0 | For |
| Principal Exchange-Traded Funds | 177,780 | 0 | 0 | 0 | For |
| New York Life | 176,440 | 0 | 0 | 0 | For |
| Goldman Sachs | 162,381 | 0 | 0 | 0 | For |
| Invesco | 157,551 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 151,992 | 0 | 0 | 0 | For |
| ALTSHARES TRUST | 137,779 | 0 | 0 | 0 | For |
| Lincoln Financial | 132,711 | 0 | 0 | 0 | For |
| WisdomTree | 120,971 | 0 | 0 | 0 | For |
| PIMCO | 87,500 | 0 | 0 | 0 | For |
| Northern Lights Fund Trust IV | 0 | 82,969 | 0 | 0 | Against |
| Northern Trust | 61,133 | 0 | 0 | 0 | For |
| Putnam | 52,948 | 0 | 0 | 0 | For |
| AIG/SunAmerica | 49,207 | 0 | 0 | 0 | For |
| Global X | 44,023 | 0 | 0 | 0 | For |
| State Street | 43,109 | 0 | 0 | 0 | For |
| Guggenheim | 38,185 | 0 | 0 | 0 | For |
| Brighthouse | 33,495 | 0 | 0 | 0 | For |
Fund voting reports, all 55 managers: 17,879,743 for, 102,961 against. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Caledonia (Private) Investments Pty Ltd | 10,995,892 | 0 | 0 | 0 | For |
| WESTERLY CAPITAL MANAGEMENT, LLC | 4,250,000 | 0 | 0 | 0 | For |
| MAK CAPITAL ONE LLC | 3,854,491 | 0 | 0 | 0 | For |
| Sea Cliff Partners Management, LP | 3,239,417 | 0 | 0 | 0 | For |
| BlackRock | 2,470,328 | 0 | 0 | 0 | For |
| GEODE CAPITAL MANAGEMENT, LLC | 2,395,550 | 0 | 0 | 0 | For |
| State Street | 1,921,972 | 3,399 | 0 | 0 | For |
| Invenomic Capital Management LP | 1,386,098 | 0 | 0 | 0 | For |
| PACIFIC INVESTMENT MANAGEMENT CO LLC | 1,146,700 | 0 | 0 | 0 | For |
| DE Shaw | 1,108,280 | 0 | 0 | 0 | For |
| AQR | 1,084,285 | 0 | 0 | 0 | For |
| ALPINE ASSOCIATES MANAGEMENT INC. | 1,014,657 | 0 | 0 | 0 | For |
| Vanguard | 783,017 | 0 | 0 | 0 | For |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 772,065 | 0 | 0 | 0 | For |
| Charles Schwab | 699,894 | 0 | 0 | 0 | For |
| Northern Trust | 692,526 | 0 | 0 | 0 | For |
| Wellington | 496,010 | 0 | 0 | 0 | For |
| Victory Capital | 395,610 | 0 | 0 | 0 | For |
| AllianceBernstein | 388,516 | 0 | 0 | 0 | For |
| Nuveen | 346,241 | 0 | 0 | 0 | For |
| Goldman Sachs | 337,319 | 0 | 0 | 0 | For |
| MELLON INVESTMENTS Corp | 300,953 | 0 | 0 | 0 | For |
| PRINCIPAL GLOBAL INVESTORS | 185,412 | 0 | 0 | 0 | For |
| CREDIT INDUSTRIEL ET COMMERCIAL | 183,000 | 0 | 0 | 0 | For |
| Connor, Clark & Lunn Investment Management Ltd. | 179,028 | 0 | 0 | 0 | For |
Institutional-manager reports, all 147 managers: 43,541,805 for, 42,389 against. Showing the 25 largest; see all in the interactive database.
Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 145,935,525 shares outstanding at the time of that meeting.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Vanguard | 5.74% |
| 2 | BlackRock | 2.38% |
| 3 | Fidelity | 1.47% |
| 4 | Charles Schwab | 0.48% |
| 5 | Pacer Funds Trust | 0.29% |
| 6 | TIAA | 0.23% |
| 7 | Dimensional | 0.16% |
| 8 | Equitable | 0.13% |
| 9 | Principal Exchange-Traded Funds | 0.12% |
| 10 | New York Life | 0.12% |
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Caledonia (Private) Investments Pty Ltd | 7.53% |
| 2 | WESTERLY CAPITAL MANAGEMENT, LLC | 2.91% |
| 3 | MAK CAPITAL ONE LLC | 2.64% |
| 4 | Sea Cliff Partners Management, LP | 2.22% |
| 5 | BlackRock | 1.69% |
| 6 | GEODE CAPITAL MANAGEMENT, LLC | 1.64% |
| 7 | State Street | 1.32% |
| 8 | Invenomic Capital Management LP | 0.95% |
| 9 | PACIFIC INVESTMENT MANAGEMENT CO LLC | 0.79% |
| 10 | DE Shaw | 0.76% |
As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.
| 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 March 31, 2026 (see the filing on EDGAR). This is the count contemporaneous with the 2025-2026 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.
Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), 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 March 31, 2026. This page is a static snapshot rebuilt weekly on October 25, 2026; a live search always shows the current data.
At Udemy, Inc.'s shareholder meeting held April 9, 2026, in the 2025-2026 proxy season, 187 asset managers reported how they voted in their SEC Form N-PX filings, covering 648 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. On the most widely held item on that ballot — To approve, on a non-binding advisory basis, certain compensation that may be paid or become… — FOR was 99.2% of the votes cast (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), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: Udemy, Inc.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on April 9, 2026.
Udemy, Inc. proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).
Download data (CSV): ballot items · votes by manager · column guide.