STOCK TITAN

COUR insider filing: RSU tax withholding of 31,755 shares reported

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Marcelo Modica, identified as an officer (SVP, Chief People Officer) of Coursera, Inc. (COUR), had 31,755 shares of common stock withheld on 08/15/2025 at a price of $11.91 per share to cover tax liability related to the vesting of restricted stock units; the filing states this withholding does not represent a sale. After the withholding, the reporting person beneficially owned 384,583 shares as a direct owner. The Form 4 was signed by an attorney-in-fact, Sylvia Lexington, on 08/19/2025.

Positive

  • Withholding was used to satisfy tax on RSU vesting, not an open-market sale, per the filer
  • Reporting person retains direct ownership of 384,583 shares after the transaction

Negative

  • None.

Insights

Routine tax-withholding on RSU vesting; no unusual insider disposition.

The filing documents a Code F transaction, which the filer explains is share withholding to cover taxes on vested restricted stock units rather than an open-market sale. This is a common administrative action following equity compensation vesting and generally does not indicate a change in insider sentiment about the company. Ownership remains direct and substantial at 384,583 shares.

Standard compensation settlement: RSU vesting satisfied via share withholding.

The report reflects tax-related withholding of 31,755 shares at $11.91 per share tied to RSU vesting. Such withholdings are typical to satisfy tax obligations on equity awards and confirm that the reporting person received equity compensation. There is no indication of additional option exercises, open-market sales, or changes to incentive arrangements in the filing.

Insider Modica Marcelo
Role SVP, Chief People Officer
Type Security Shares Price Value
Tax Withholding Common Stock 31,755 $11.91 $378K
Holdings After Transaction: Common Stock — 384,583 shares (Direct)
Footnotes (1)
  1. [object Object]
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 CA 94040

(City) (State) (Zip)
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
3. Date of Earliest Transaction (Month/Day/Year)
08/15/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 08/15/2025 F 31,755(1) D $11.91 384,583 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, 2025 and does not represent a sale by the reporting person.
/s/ Sylvia Lexington, Attorney-in-Fact 08/19/2025
** 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.

FAQ

What transaction did Marcelo Modica report on Form 4 for COUR?

The report discloses 31,755 shares withheld on 08/15/2025 to cover tax liability from RSU vesting; it is coded as a Code F transaction.

Does the Form 4 indicate a sale of Coursera shares by Marcelo Modica?

No. The filing explicitly states the withheld shares do not represent a sale but were withheld to cover taxes associated with vesting.

How many Coursera shares does Marcelo Modica beneficially own after the transaction?

The filing reports 384,583 shares beneficially owned following the reported withholding.

At what price were the withheld shares reported?

The withheld shares are reported at a price of $11.91 per share.

Who signed the Form 4 on behalf of Marcelo Modica and when?

The Form 4 is signed by Sylvia Lexington, Attorney-in-Fact on 08/19/2025.