Form 4: Coursera GC Cardenas Reports Tax-Related Share Withholding

Coursera's SVP and General Counsel, Alan B. Cardenas, reported the withholding of 12,620 shares of common stock to cover tax liabilities related to restricted stock unit vesting.

Summary

• Alan B. Cardenas, SVP, General Counsel of Coursera, Inc. (COUR), reported transactions on November 15, 2025.
• A total of 12,089 shares of common stock were withheld by the issuer at a price of $8.48 per share to cover tax liability associated with the vesting of restricted stock units.
• An additional 531 shares of common stock were withheld by the issuer at a price of $8.48 per share to cover tax liability associated with the vesting of performance-based restricted stock units.
• These transactions do not represent a sale by the reporting person but rather a standard procedure for tax withholding upon RSU vesting.
• Following these transactions, Alan B. Cardenas beneficially owns 245,906 shares of Coursera common stock.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary transaction related to executive compensation and tax withholding. It is neutral in its implications for the company's operational or financial performance.

Positives

• The vesting of restricted stock units indicates continued retention and compensation of a key executive.

Negatives

• No direct negatives are identified as the share disposition was for tax purposes, not an open market sale.

Future Outlook

NA

Industry Context

This is a routine insider transaction related to executive compensation and tax obligations, common across all publicly traded companies when restricted stock units vest. It does not provide specific insights into broader industry trends for online education or Coursera's competitive position.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine tax-related transaction and not a discretionary sale. The number of shares is small relative to total outstanding shares.
• Employees: No direct impact on general employees.
• Management: The transaction reflects the vesting of previously granted equity compensation for a key executive.

Key Dates

Keywords

Coursera, COUR, Form 4, Insider Transaction, Alan B Cardenas, Restricted Stock Units, RSU Vesting, Tax Withholding, Executive Compensation