UDEMY INC

Ticker: UDMY CUSIP: 902685106 Class: Common Stock

Graham Capital Management, L.P.'s Holding History (CIK: 0001315421)

Note: Option positions (PUT/CALL) are excluded.

Q3 2025

Shares 50,529 Value ($000) $354 Avg Close $7.01 Range $6.49 - $8.09

Q2 2025

Shares 125,267 Value ($000) $881 Avg Close $6.90 Range $5.68 - $8.30

Q1 2025

Shares 86,193 Value ($000) $669 Avg Close $8.51 Range $7.13 - $10.61

Q4 2024

Shares 79,297 Value ($000) $653 Avg Close $8.06 Range $7.17 - $9.03

Q1 2023

Shares 20,714 Value ($000) $183 Avg Close $10.55 Range $8.40 - $13.31

Q4 2022

Shares 51,723 Value ($000) $546 Avg Close $13.51 Range $9.87 - $17.26

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2025	50,529	$354	$7.01	$6.49 - $8.09
Q2 2025	125,267	$881	$6.90	$5.68 - $8.30
Q1 2025	86,193	$669	$8.51	$7.13 - $10.61
Q4 2024	79,297	$653	$8.06	$7.17 - $9.03
Q1 2023	20,714	$183	$10.55	$8.40 - $13.31
Q4 2022	51,723	$546	$13.51	$9.87 - $17.26