Coursera (COUR) director Theodore Mitchell receives 34,260 RSU equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MITCHELL THEODORE reported acquisition or exercise transactions in this Form 4 filing.
Coursera, Inc. director Theodore Mitchell received a grant of 34,260 shares of common stock in the form of restricted stock units. These RSUs were automatically granted following the 2026 Annual Meeting of Stockholders and will fully vest on the earlier of June 11, 2027 or the 2027 annual meeting, subject to continuous service. Following this award, Mitchell directly holds 106,230 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MITCHELL THEODORE
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 34,260 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 106,230 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 34,260 shares
Post-grant holdings: 106,230 shares
Vesting date: June 11, 2027
+1 more
4 metrics
RSU grant size
34,260 shares
Restricted stock units automatically granted after 2026 Annual Meeting
Post-grant holdings
106,230 shares
Total Coursera common stock directly held after transaction
Vesting date
June 11, 2027
RSUs vest on earlier of this date or 2027 annual meeting
Transaction code
A (grant/award acquisition)
Indicates non-market equity compensation, not open-market trade
Key Terms
restricted stock units (RSUs), Annual Meeting of Stockholders, continuous service
3 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 financial
"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."
FAQ
What insider transaction did Coursera (COUR) director Theodore Mitchell report?
Theodore Mitchell reported receiving 34,260 Coursera restricted stock units as a compensation grant. These RSUs were automatically awarded after the 2026 Annual Meeting and increase his direct holdings to 106,230 shares of common stock, according to the Form 4 filing.
Is Theodore Mitchell’s Coursera (COUR) Form 4 transaction a stock purchase or sale?
The transaction is neither an open-market purchase nor a sale; it is a grant of restricted stock units. The Form 4 lists transaction code A, indicating a grant or award acquisition with no cash price, reflecting standard director equity compensation rather than trading activity.
When do Theodore Mitchell’s new Coursera (COUR) RSUs vest?
The 34,260 Coursera RSUs will fully vest on the earlier of June 11, 2027 and the company’s 2027 annual meeting of stockholders. Vesting is conditioned on Mitchell’s continuous service with Coursera through the applicable vesting date, as described in the Form 4 footnote.
What does transaction code A mean in the Coursera (COUR) Form 4 filing?
Transaction code A in Coursera’s Form 4 indicates a grant, award, or other acquisition of securities rather than a market trade. In this case, it reflects the automatic grant of 34,260 restricted stock units to director Theodore Mitchell as part of his equity compensation.