COUR Form 4: VP Meyers Withheld RSUs and Executed 2,500-Share 10b5-1 Sale
Rhea-AI Filing Summary
Michele M. Meyers, Coursera, Inc. (COUR) VP, Accounting and CAO, reported two transactions on 08/15/2025. The company withheld 9,556 shares at an average price of $11.91 to satisfy tax withholding for vested restricted stock units; this withholding does not represent a sale by the reporting person. Separately, 2,500 shares were sold under a Rule 10b5-1 trading plan adopted on 12/11/2024 at $11.94 per share. After these transactions Meyers beneficially owned 241,295 shares. The Form 4 was signed by an attorney-in-fact on 08/19/2025.
Positive
- Disclosure clearly states that 9,556 shares were withheld for tax obligations and were not sold
- Sale of 2,500 shares was executed under a Rule 10b5-1 trading plan adopted 12/11/2024, indicating a pre-arranged transaction
- Form 4 was signed by an attorney-in-fact, showing formal execution of required disclosure
Negative
- 2,500 shares sold on 08/15/2025 at $11.94 per share, reducing beneficial ownership to 241,295 shares
Insights
TL;DR Insider tax-withholding and a planned sale reduced holdings modestly; no ad hoc large disposition disclosed.
The filing shows a routine tax-withholding of 9,556 shares related to RSU vesting and a separate sale of 2,500 shares executed under a pre-existing Rule 10b5-1 plan. Both actions are consistent with non-discretionary, pre-arranged mechanics rather than opportunistic insider trading. The remaining holding of 241,295 shares provides continued meaningful alignment with shareholder outcomes, while the small sale size relative to total ownership suggests limited immediate market impact.
TL;DR Disclosure reflects compliance with Section 16 and use of a documented 10b5-1 plan; standard insider reporting.
The report clearly identifies the relationship of the reporting person and discloses that the sale was effected pursuant to a Rule 10b5-1 trading plan adopted 12/11/2024. The tax-withholding event is explicitly stated as not a sale by the reporting person. The presence of an attorney-in-fact signature indicates proper execution of the filing. From a governance standpoint, the filing demonstrates adherence to routine insider-trading policies and filing requirements.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 9,556 | $11.91 | $114K |
| Sale | Common Stock | 2,500 | $11.94 | $30K |
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 August 15, 2025 and does not represent a sale by the reporting person. Transaction effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2024.