Coursera (NYSE: COUR) awards 34,260 RSUs to director Lydia Paterson
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Coursera, Inc. director Lydia Paterson reported an equity compensation grant in the form of 34,260 restricted stock units (RSUs) of common stock, awarded at no cash cost to her. These RSUs were automatically granted the day after Coursera’s 2026 Annual Meeting of Stockholders.
The RSUs will fully vest and convert into shares of Coursera common stock on the earlier of June 11, 2027 and the company’s 2027 annual meeting of stockholders, as long as she continues serving the company through that date. Following this grant, Paterson directly holds 110,398 shares of Coursera common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Paterson Lydia
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 34,260 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 110,398 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 34,260 shares
Grant price per RSU: $0.0000 per share
Shares after transaction: 110,398 shares
+1 more
4 metrics
RSU grant size
34,260 shares
Restricted stock units automatically granted after 2026 annual meeting
Grant price per RSU
$0.0000 per share
Equity award issued as non-cash compensation
Shares after transaction
110,398 shares
Total Coursera common shares directly held by Paterson after grant
RSU vesting date
June 11, 2027
Full vesting on earlier of this date or 2027 annual meeting
Key Terms
restricted stock units (RSUs), Annual Meeting of Stockholders, continuous service, grant/award acquisition
4 terms
restricted stock units (RSUs) financial
"Represents restricted stock units (RSUs) automatically granted the day after the issuer's 2026 Annual Meeting of Stockholders."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
Annual Meeting of Stockholders regulatory
"RSUs automatically granted the day after the issuer's 2026 Annual Meeting of Stockholders."
continuous service financial
"subject to continuous service with the issuer through the applicable vesting date."
grant/award acquisition financial
"transaction_action: grant/award acquisition for 34,260 RSUs reported as code A."
FAQ
What did Coursera (COUR) director Lydia Paterson report in this Form 4?
Lydia Paterson reported receiving 34,260 restricted stock units (RSUs) of Coursera common stock as an equity award. The grant was made at no cash cost and reflects routine director compensation tied to continued board service and future vesting.
When do Lydia Paterson’s newly granted Coursera RSUs vest?
The 34,260 RSUs will fully vest and convert into Coursera common shares on the earlier of June 11, 2027 or the company’s 2027 annual meeting. Vesting is conditioned on Paterson maintaining continuous service with Coursera through the applicable vesting date.
What type of transaction is reported in Coursera director Lydia Paterson’s Form 4?
The filing reports a grant or award acquisition of 34,260 restricted stock units (RSUs), coded as an “A” transaction. This represents non-cash equity compensation rather than an open‑market stock purchase or sale, and is treated as an acquisition of derivative-linked stock units.
Was any cash paid for the Coursera RSUs granted to Lydia Paterson?
No cash was paid for this award; the RSUs were granted at a reported price of $0.0000 per unit. This reflects stock-based compensation, where the economic value comes from future conversion into Coursera common shares if vesting conditions are satisfied.