Coursera (COUR) director receives 34,260 RSUs vesting by June 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Coursera, Inc. director Christopher D. McCarthy received an equity award in the form of restricted stock units. He was granted 34,260 RSUs of common stock at no cash cost on June 11, 2026, recorded as an acquisition rather than an open-market purchase.
The RSUs will fully vest and convert into common shares on the earlier of June 11, 2027 and Coursera’s 2027 annual meeting of stockholders, if he remains in continuous service through that date. Following this grant, McCarthy directly holds 120,206 shares of Coursera common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McCarthy Christopher D.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 34,260 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 120,206 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 34,260 shares
Grant price per share: $0.0000 per share
Shares held after transaction: 120,206 shares
+1 more
4 metrics
RSUs granted
34,260 shares
Restricted stock units of common stock granted on June 11, 2026
Grant price per share
$0.0000 per share
Stated price for the RSU award
Shares held after transaction
120,206 shares
Total Coursera common shares directly held after the grant
Vesting date trigger
Earlier of June 11, 2027 or 2027 annual meeting
Full vesting condition for the 34,260 RSUs
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
"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) report for Christopher D. McCarthy?
Coursera reported that director Christopher D. McCarthy received a grant of 34,260 restricted stock units. These RSUs represent a stock-based compensation award rather than an open-market purchase, increasing his direct holdings to 120,206 Coursera common shares after the transaction.
What is the vesting schedule for Christopher D. McCarthy’s new Coursera (COUR) RSUs?
The 34,260 Coursera RSUs granted to Christopher D. McCarthy will fully vest on the earlier of June 11, 2027 and Coursera’s 2027 annual meeting of stockholders, provided he remains in continuous service with the company through the applicable vesting date.
Is Christopher D. McCarthy’s Coursera (COUR) RSU grant an open-market stock purchase?
No, the transaction is a grant of 34,260 restricted stock units as compensation, not an open-market purchase. The RSUs were issued at a stated price of $0.0000 per share and will convert into common stock upon vesting, subject to continuous service requirements.