Coursera (NYSE: COUR) SVP earns 41,498 PSUs with staged vesting
Rhea-AI Filing Summary
Coursera, Inc. SVP and Chief People Officer Marcelo Modica reported equity compensation activity involving performance-based restricted stock units (PSUs). On February 23, 2026, he acquired 41,498 shares of common stock at no cost through a grant/award tied to a PSU grant dated March 20, 2025.
The filing notes that the PSU performance condition was achieved on February 23, 2026, earning 41,498 PSUs, with 25% vesting and shares released that day. The remaining PSUs will vest in 12 quarterly installments starting May 15, 2026, subject to continued service. The company also withheld 3,741 shares at $6.01 per share to cover related tax obligations, which the disclosure states does not represent a sale by Modica.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 41,498 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,741 | $6.01 | $22K |
Footnotes (2)
- F1. Represents shares of common stock earned by the reporting person under a performance-based restricted stock unit ("PSU") award granted on March 20, 2025, subject to performance- and service-based vesting conditions. On February 23, 2026, the performance condition was achieved, resulting in 41,498 PSUs being earned by the reporting person. The service condition for the first tranche was also met, causing 25% of such PSUs to vest and shares to be released on February 23, 2026. The remaining PSUs are subject only to a service condition and will vest in 12 quarterly installments commencing on May 15, 2026, subject to the reporting person's continued service with the issuer through each vesting date.
- 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 February 23, 2026 and does not represent a sale by the reporting person.
FAQ
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