Coursera (COUR) withholds stock for SVP Modica’s tax bill, not a sale

Rhea-AI Filing Summary

Coursera, Inc. (COUR) reported insider activity by SVP and Chief People Officer Marcelo Modica. On August 15, 2026, a total of 12,177 shares of common stock were withheld by Coursera at $5.78 per share to cover Modica’s tax liabilities arising from the vesting of both time-based restricted stock units and performance-based restricted stock units. The disclosures state these transactions are tax-withholding events and do not represent open-market sales by the executive.

Insider Trade Summary

Net Seller: 12,177 shares

Net Sell 2 txns

Insider Modica Marcelo

Role SVP, Chief People Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock F1	11,241	$5.78	$65K
Tax Withholding	Common Stock F2	936	$5.78	$5K

Holdings After Transaction: Common Stock — 393,964 shares (Direct)

Footnotes (2)

1. F1. 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 August 15, 2026 and does not represent a sale by the reporting person.
2. F2. 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 August 15, 2026 and does not represent a sale by the reporting person.

Key Figures

Tax-withheld shares (RSUs): 11,241 shares Tax-withheld shares (performance-based RSUs): 936 shares Total tax-withheld shares: 12,177 shares +1 more

4 metrics

Tax-withheld shares (RSUs) 11,241 shares Common stock withheld to cover tax liability from vesting of restricted stock units on August 15, 2026

Tax-withheld shares (performance-based RSUs) 936 shares Common stock withheld to cover tax liability from vesting of performance-based restricted stock units on August 15, 2026

Total tax-withheld shares 12,177 shares Aggregate shares withheld under code F transactions to satisfy Marcelo Modica’s tax obligations

Per-share value used for withholding $5.78 per share Price applied to both Form 4 code F tax-withholding transactions on August 15, 2026

Key Terms

restricted stock units, performance-based restricted stock units, tax liability

3 terms

restricted stock units financial

"tax liability associated with the vesting of shares underlying certain restricted stock units"

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.

performance-based restricted stock units financial

"tax liability associated with the vesting of shares underlying certain performance-based restricted stock units"

Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.

tax liability financial

"withheld by the issuer to cover the reporting person's tax liability associated with the vesting"

FAQ

What insider transaction did Coursera (COUR) report for Marcelo Modica?

Coursera reported that Marcelo Modica had 12,177 shares of common stock withheld on August 15, 2026 at $5.78 per share to cover tax liabilities from vesting restricted stock units, not as open-market sales.

Did the Coursera (COUR) Form 4 disclose any open-market stock sales by Marcelo Modica?

No. The Form 4 states the 12,177 shares reported under code F were withheld by Coursera to pay Modica’s tax liabilities on RSU and performance-based RSU vesting and do not represent a sale by him.

What was the price used for Marcelo Modica’s tax-withholding transactions in Coursera (COUR) stock?

Both tax-withholding transactions used a price of $5.78 per share. At this price, Coursera withheld an aggregate of 12,177 shares of common stock in connection with the vesting of Modica’s equity awards.

How many Coursera (COUR) shares were withheld for Marcelo Modica’s RSU vesting taxes?

Coursera withheld 11,241 shares of common stock to cover Modica’s tax liability from the vesting of time-based restricted stock units on August 15, 2026, according to the Form 4 footnote labeled F1.

How many Coursera (COUR) shares were withheld for Marcelo Modica’s performance-based RSU vesting taxes?

Coursera withheld 936 shares of common stock to cover Modica’s tax liability from the vesting of performance-based restricted stock units on August 15, 2026, as disclosed in the Form 4 footnote labeled F2.

Was Marcelo Modica’s Coursera (COUR) Form 4 transaction under a Rule 10b5-1 plan?

The filing’s Rule 10b5-1 checkbox is not marked as affirmative. The reported transactions are coded F and described as tax-withholding events, with no indication they were executed under a 10b5-1 trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/18/2026 - 07:09 PM Accepted by SEC EDGAR 08/18/2026 - 07:08 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Modica Marcelo

(Last) (First) (Middle)

2440 WEST EL CAMINO REAL

SUITE 500

(Street)

MOUNTAIN VIEW CALIFORNIA 94040

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Coursera, Inc. [ COUR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, Chief People Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/15/2026		F		11,241(1)	D	$5.78	394,900	D
Common Stock	08/15/2026		F		936(2)	D	$5.78	393,964	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

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 August 15, 2026 and does not represent a sale by the reporting person.

2. 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 August 15, 2026 and does not represent a sale by the reporting person.

	/s/ Sylvia Lexington, Attorney-in-Fact	08/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)