[Form 4] Coursera, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Coursera, Inc. senior vice president and general counsel Alan B. Cardenas reported equity compensation activity involving the company’s common stock. On February 23, 2026, he acquired 41,498 shares at no cost, earned from a performance-based restricted stock unit award granted on March 20, 2025 after its performance condition was achieved. The first service-based tranche vested on the same date, and the remaining units will vest in 12 quarterly installments starting May 15, 2026, subject to continued service. Also on February 23, 2026, 3,745 shares were disposed of at $6.01 per share to cover tax liabilities arising from the vesting, which the company states does not represent an open-market sale. Following these transactions, Cardenas directly owned 255,629 shares of Coursera common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 41,498 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,745 | $6.01 | $23K |
Footnotes (1)
- 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. 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.