Coursera (NYSE: COUR) grants 20,000 RSUs to Chief People Officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Modica Marcelo reported acquisition or exercise transactions in this Form 4 filing.
Coursera, Inc. reported that SVP and Chief People Officer Marcelo Modica received an award of 20,000 shares of Common Stock in the form of restricted stock units. These RSUs vest in four substantially equal quarterly installments beginning on May 15, 2026, subject to his continued service with the company through each vesting date. Following this grant, Modica directly holds 418,317 shares of Coursera common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Modica Marcelo
Role
SVP, Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 20,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 418,317 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 20,000 shares
Transaction price per share: $0.00 per share
Holdings after transaction: 418,317 shares
+2 more
5 metrics
RSU grant size
20,000 shares
Restricted stock unit award to Marcelo Modica
Transaction price per share
$0.00 per share
Compensation grant, not market purchase
Holdings after transaction
418,317 shares
Direct ownership following RSU award
Vesting structure
4 quarterly installments
RSUs vest in four substantially equal quarterly installments
Vesting start date
May 15, 2026
First vesting date for RSU award
Key Terms
restricted stock unit ("RSU"), vesting, continued service, grant, award, or other acquisition
4 terms
restricted stock unit ("RSU") financial
"Shares issuable upon settlement of a restricted stock unit ("RSU") award, with the RSUs subject to the award vesting..."
vesting financial
"RSUs subject to the award vesting in four substantially equal quarterly installments..."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
continued service financial
"subject to the reporting person's continued service with the issuer through the applicable vesting dates."
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did Coursera (COUR) report for Marcelo Modica?
Coursera reported that SVP and Chief People Officer Marcelo Modica received 20,000 restricted stock units. These represent a share-based compensation award in Coursera common stock, increasing his direct holdings to 418,317 shares after the transaction, according to the Form 4 filing details.
How do Marcelo Modica’s Coursera (COUR) RSUs vest under this award?
The 20,000 Coursera RSUs awarded to Marcelo Modica vest in four substantially equal quarterly installments. Vesting begins on May 15, 2026, and each portion requires his continued service with Coursera through the applicable vesting date as disclosed in the Form 4 footnote.
Was Marcelo Modica’s Coursera (COUR) RSU award a market purchase or compensation grant?
The transaction was a compensation-related grant, not a market purchase. It is coded as a grant, award, or other acquisition with a transaction price of $0.00 per share, reflecting restricted stock units that will settle in shares as they vest over time.