Form 4: Coursera CFO Kenneth Hahn Reports Stock Transaction
SEC Form 4 Filing
Kenneth Hahn, Coursera's SVP and CFO, reported the withholding of 38,783 shares of common stock to cover tax liabilities associated with vesting restricted stock units.
Summary
- On August 15, 2024, Kenneth R Hahn, SVP and CFO of Coursera, Inc., had 38,783 shares of common stock withheld by the issuer to cover his tax liability.
- This transaction was related to the vesting of restricted stock units.
- The price per share for the transaction was $8.38.
- Following the transaction, Hahn beneficially owns 872,171 shares of Coursera common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive compensation and tax obligations, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the CFO's stock-based compensation and associated tax obligations.
Key Dates
| Date | Description |
|---|---|
| 08/15/2024 | Date of stock transaction (withholding of shares for tax liability). |
| 08/19/2024 | Date of signature on the Form 4 filing. |
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