Coursera (NYSE: COUR) CEO Hart has 46,069 shares withheld for RSU tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Coursera, Inc. President & CEO Gregory M. Hart reported a routine tax-related share disposition. On May 15, 2026, the company withheld 46,069 shares of common stock at $5.28 per share to cover his tax liability from vesting restricted stock units. This was not an open-market sale. After this withholding, he directly owned 1,595,380 shares of Coursera common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hart Gregory M.
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 46,069 | $5.28 | $243K |
Holdings After Transaction:
Common Stock — 1,595,380 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 46,069 shares
Withholding share price: $5.28 per share
Shares owned after transaction: 1,595,380 shares
+1 more
4 metrics
Shares withheld for taxes
46,069 shares
Tax withholding on RSU vesting May 15, 2026
Withholding share price
$5.28 per share
Valuation used for tax-withholding disposition
Shares owned after transaction
1,595,380 shares
Direct Coursera common stock holdings post-withholding
Transaction code
F
Payment of tax liability by delivering securities
Key Terms
restricted stock units, tax liability, tax-withholding disposition, Form 4
4 terms
restricted stock units financial
"associated with the vesting of shares underlying certain restricted stock units on May 15, 2026"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax liability financial
"withheld by the issuer to cover the reporting person's tax liability associated with the vesting"
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Coursera (COUR) CEO Gregory Hart report in this Form 4?
Coursera CEO Gregory Hart reported a tax-related share disposition. The company withheld 46,069 common shares to cover his tax liability from vesting restricted stock units, and the filing clarifies this was not an open-market sale of stock.
Was Coursera (COUR) CEO Gregory Hart’s Form 4 a stock sale?
No, the Form 4 does not report an open-market stock sale. Instead, Coursera withheld 46,069 shares to cover Gregory Hart’s tax liability from vesting restricted stock units, and the footnote explicitly states this does not represent a sale by him.