Coursera (COUR) SVP and General Counsel reports stock sale and tax withholdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Coursera, Inc. SVP and General Counsel Alan B. Cardenas reported multiple stock transactions in Coursera common stock. On February 17, 2026, he executed an open-market sale of 9,710 shares at $5.92 per share and held 217,876 shares afterward. On February 15, 2026, the issuer withheld 9,759 shares and 483 shares at $5.92 per share to cover his tax liabilities from vesting of restricted and performance-based restricted stock units; one of these withholdings is described as not representing a sale, while the other is described as representing a sale by the reporting person. The February 17 sale was made under a Rule 10b5-1 trading plan adopted on September 4, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 9,710 shares ($57,483)
Net Sell
3 txns
Insider
Cardenas Alan B
Role
SVP, General Counsel
Sold
9,710 shs ($57K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 9,710 | $5.92 | $57K |
| Tax Withholding | Common Stock | 9,759 | $5.92 | $58K |
| Tax Withholding | Common Stock | 483 | $5.92 | $3K |
Holdings After Transaction:
Common Stock — 217,876 shares (Direct)
Footnotes (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 February 15, 2026 and does not represent a sale by the reporting person. 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 15, 2026 and does represent a sale by the reporting person. Transaction effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 4, 2025.
FAQ
What insider transactions did Coursera (COUR) SVP Alan B. Cardenas report?
Alan B. Cardenas reported one open-market sale and two tax-related dispositions. He sold 9,710 Coursera common shares at $5.92 on February 17, 2026, and had shares withheld on February 15, 2026, to cover tax liabilities from vesting equity awards.
Do all of Alan B. Cardenas’s Coursera (COUR) tax withholdings count as sales?
No, the footnotes distinguish between the two withholdings. One withholding is stated as not representing a sale by Cardenas, while the other is described as representing a sale by him, even though both were to cover tax liabilities.
Was Alan B. Cardenas’s Coursera (COUR) stock sale under a trading plan?
Yes, the open-market sale was under a Rule 10b5-1 plan. A footnote states the February 17, 2026 sale of 9,710 shares was effected pursuant to a Rule 10b5-1 trading plan adopted on September 4, 2025.