Coursera (NYSE: COUR) SVP has 12,176 shares withheld for RSU tax obligations
Rhea-AI Filing Summary
Coursera, Inc. SVP and Chief People Officer Marcelo Modica reported routine tax-withholding transactions related to equity vesting. On May 15, 2026, a total of 12,176 shares of common stock were withheld by the company at $5.28 per share to cover his tax obligations on vesting restricted and performance-based restricted stock units. These Form 4 entries are coded as tax-withholding dispositions and, as the footnotes state, do not represent open-market sales. Modica continues to hold more than 400,000 Coursera shares directly after these events.
Positive
- None.
Negative
- None.
Insights
These Form 4 entries show routine tax withholding on vesting, not discretionary selling.
The filing shows Marcelo Modica had 12,176 Coursera shares withheld at $5.28 per share on May 15, 2026. Both transactions are coded F, indicating shares were delivered back to the issuer to cover tax liabilities on RSU and performance-based RSU vesting.
Because these are compensation-driven withholdings, not open-market sales, they carry weak signaling value about his view of the stock. Post-transaction, he still directly owns more than 400,000 shares, indicating these entries are small relative to his overall position.
Subsequent filings may provide additional context on future vesting schedules or any separate open-market transactions, which would be more informative about discretionary trading behavior.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 11,241 | $5.28 | $59K |
| Tax Withholding | Common Stock | 935 | $5.28 | $5K |
Footnotes (1)
- Represents the number of shares of common stock withheld by the issuer to cover the reporting person's tax liability associated with the vesting of shares underlying certain restricted stock units on May 15, 2026 and does not represent a sale by the reporting person. Represents the number of shares of common stock withheld by the issuer to cover the reporting person's tax liability associated with the vesting of shares underlying certain performance-based restricted stock units on May 15, 2026 and does not represent a sale by the reporting person.