Form 4: Coursera VP Meyers Reports Stock Disposal to Cover Tax Obligations
SEC Form 4 Filing
Michele M. Meyers, VP, Accounting, and CAO of Coursera, Inc., disposed of 8,789 shares of common stock on February 15, 2025, to cover tax liabilities associated with vesting restricted stock units.
Summary
- On February 15, 2025, Michele M. Meyers, VP, Accounting, and CAO of Coursera, Inc., disposed of 8,789 shares of common stock.
- The disposal was executed to cover the reporting person's tax liability associated with the vesting of restricted stock units.
- The price per share for the transaction was $8.85.
- Following the transaction, Meyers beneficially owns 209,554 shares of Coursera common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it reflects a routine transaction for tax purposes, not indicative of a change in the executive's confidence in the company.
Industry Context
This is a routine Form 4 filing, reflecting an insider transaction related to tax obligations from vesting equity. Such filings are common and provide transparency into insider activity, which investors monitor for sentiment and potential future actions.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/15/2025 | Date of stock disposal to cover tax liability. |
| 02/19/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Coursera, Stock Disposal, Tax Liability, Restricted Stock Units, Beneficial Ownership, Meyers, Insider Trading
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