Foley Michael D. 4

What Happened

Michael D. Foley, Chief Financial Officer of Coursera, was granted an award of 350,000 restricted stock units (RSUs) on 2026-03-16. The grant is reported at $0.00 per share (a compensation award rather than a market purchase), so no cash changed hands in the reported transaction.

Key Details

• Transaction type/code: Award/Grant (A) reported on Form 4.
• Transaction date: 2026-03-16; Form 4 filed 2026-03-17 (timely).
• Shares involved: 350,000 RSUs; reported acquisition price: $0.00.
• Vesting: 25% vesting on February 15, 2027, then the remaining 75% vest in twelve substantially equal quarterly installments thereafter (per footnote F1).
• Shares owned after transaction: not specified in the supplied details of this summary.
• No immediate sale or exercise reported — these are future issuable shares upon vesting.

Context

RSUs are a form of equity compensation that convert into stock upon vesting; this grant reflects compensation and retention rather than an open-market purchase or sale. Because the filing reports a grant (not a purchase or sale), it should be read as part of executive pay and long-term incentive structure rather than a direct indicator of short-term insider trading sentiment.