Form 4: Coursera SVP Alan B. Cardenas Reports Stock Transactions
SEC Form 4
Alan B. Cardenas, SVP and General Counsel of Coursera, Inc., reports the withholding of shares to cover tax liabilities related to vesting restricted stock units.
Summary
- On May 15, 2025, Alan B. Cardenas, SVP and General Counsel of Coursera, Inc., had shares of common stock withheld by the issuer to cover tax liabilities.
- A total of 9,792 shares were withheld at a price of $8.94 per share related to the vesting of restricted stock units.
- Additionally, 417 shares were withheld at the same price of $8.94 per share related to the vesting of performance-based restricted stock units.
- Following these transactions, Cardenas directly owns 299,469 shares of Coursera common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions related to tax obligations. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives who receive stock-based compensation. It provides transparency into the trading activities of company insiders.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of stock transactions (withholding of shares for tax liabilities). |
| 05/19/2025 | Date of signature for the Form 4 filing. |
Keywords
Coursera, Cardenas, stock, Form 4, insider trading, restricted stock units, tax liability, beneficial ownership
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