Hart Gregory M. 4
Research Summary
AI-generated summary
Coursera (COUR) CEO Gregory Hart Withholds 46,069 Shares for Taxes
What Happened
- Gregory M. Hart, President & CEO and a director of Coursera, reported that 46,069 shares were withheld by the company to satisfy his tax liability related to restricted stock units that vested on February 15, 2026. The per-share withholding value was $5.92, totaling approximately $272,728. This transaction is a tax withholding (code F), not an open-market sale.
Key Details
- Transaction date: February 15, 2026
- Withholding price: $5.92 per share; total value withheld ≈ $272,728
- Shares withheld: 46,069 (used to cover tax liability on vested RSUs)
- Shares owned after transaction: not specified in the summary provided (see full filing for post-transaction holdings)
- Footnote: Issuer withheld shares to cover the reporting person's tax liability and this does not represent a sale by the reporting person (F1)
- Filing date: February 18, 2026 — appears timely (filed within the standard Form 4 reporting window)
Context
- Withholding shares to cover taxes on vested RSUs is a routine administrative action and does not necessarily indicate a change in the insider’s view of the company. It reduces the number of shares issued to the insider rather than representing an open-market sale.