Form 4: Coursera GC's Tax Withholding on RSU Vesting

Coursera's SVP and General Counsel, Alan B. Cardenas, had shares withheld by the company to cover tax obligations related to the vesting of restricted stock units.

Summary

• Alan B. Cardenas, SVP and General Counsel of Coursera, Inc. (COUR), had shares of common stock withheld by the company.
• This action, occurring on August 15, 2025, was to cover tax liabilities associated with the vesting of restricted stock units (RSUs) and performance-based restricted stock units (PSUs).
• A total of 9,794 shares were withheld for RSU vesting tax liability, and an additional 417 shares were withheld for performance-based RSU vesting tax liability, both at a price of $11.91 per share.
• Following these transactions, Cardenas beneficially owns 283,157 shares of Coursera common stock.
• These withholdings do not represent a sale by the reporting person.

Sentiment

Score: 5

Explanation: Neutral. The filing reports a routine tax withholding transaction for equity compensation, which is a standard and expected event for executives and does not indicate positive or negative company performance or outlook.

Future Outlook

NA

Industry Context

This is a routine insider transaction filing (Form 4) detailing tax withholding related to equity compensation. It does not provide insights into broader industry trends or competitive landscape for the online education sector.

Stakeholder Impact

• Minimal direct impact on shareholders as this is a routine tax withholding event and not a discretionary sale by the insider. It reflects the vesting of previously granted equity compensation.

Key Dates

Recommendation

This Form 4 filing details a routine tax withholding transaction for an executive's equity compensation vesting. It does not reflect a discretionary sale or purchase by the insider, nor does it provide new information regarding the company's financial performance, strategic direction, or operational health. As such, it has no material impact on the investment thesis for Coursera, warranting a 'hold' recommendation based solely on this filing.

Keywords

Coursera, COUR, SEC Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Tax Withholding, Alan B. Cardenas, Corporate Governance