COUR.NYSECoursera, INC

Form 4: Coursera VP Meyers Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Michele M. Meyers, VP, Accounting, and CAO of Coursera, Inc., reports the disposal of shares to cover tax liabilities and acquisition of shares through the Employee Stock Purchase Plan.

Summary

  • On May 15, 2024, Michele M. Meyers, VP, Accounting, and CAO of Coursera, Inc., disposed of 8,017 shares of common stock to cover tax liabilities.
  • The shares were disposed of at a price of $8.96 per share.
  • This transaction was related to the vesting of restricted stock units.
  • Meyers also acquired 2,236 shares of common stock under the Coursera, Inc. 2021 Employee Stock Purchase Plan on May 10, 2024.
  • Following the reported transactions, Meyers beneficially owns 234,378 shares of Coursera common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The transactions are routine and do not indicate a significant change in the executive's outlook on the company.

Positives

  • Meyers' participation in the Employee Stock Purchase Plan indicates confidence in the company's future.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. These filings are closely monitored by investors to gauge sentiment and potential future stock performance.

Stakeholder Impact

  • The transactions have a minimal impact on shareholders as they are related to routine tax obligations and employee benefits.

Key Dates

DateDescription
05/10/2024Acquisition of 2,236 shares under the Employee Stock Purchase Plan
05/15/2024Disposal of 8,017 shares to cover tax liabilities
05/17/2024Date of Form 4 filing

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.