Coursera: Pale Fire Capital holds 26.5M shares

Pale Fire Capital SICAV directly owns the shares; the other joint reporters include its investment manager and control persons.

Rhea-AI Filing Summary

Coursera, Inc. (COUR) lists 26,473,673 common shares directly owned by Pale Fire Capital SICAV a.s. as of September 25, 2026. Joint reporters include Pale Fire Capital SE, Pale Fire Capital SICAV a.s., Pale Fire Capital investicni spolecnost a.s., Dusan Senkypl (Pale Fire Capital board Chairman) and Jan Barta (Pale Fire Capital supervisory-board Chairman and PFC IS Chief Investment Officer). They may be deemed a Section 13(d) group beneficially owning more than 10% of Coursera's outstanding common shares; each disclaims beneficial ownership except to the extent of pecuniary interest.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Pale Fire Capital SE, Pale Fire Capital SICAV a.s., Pale Fire Capital investicni spolecnost a.s., Senkypl Dusan, Barta Jan

Role 10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner

Type	Security	Shares	Price	Value
holding	Common Stock, $0.00001 par value per share F1, F2	--	--	--

Holdings After Transaction: Common Stock, $0.00001 par value per share — 26,473,673 shares (Indirect, By Pale Fire Capital SICAV a.s.)

Footnotes (2)

1. F1. This Form 3 is filed jointly by Pale Fire Capital SE ("Pale Fire Capital"), Pale Fire Capital SICAV a.s. ("PFC SICAV"), Pale Fire Capital investicni spolecnost a.s. ("PFC IS"), Dusan Senkypl and Jan Barta (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding shares of Common Stock, $0.00001 par value per share. Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.
2. F2. Represents securities directly owned by PFC SICAV. PFC IS, as the investment manager of PFC SICAV, may be deemed to beneficially own the securities directly owned by PFC SICAV. Pale Fire Capital, as the controlling person and sole shareholder of each of PFC SICAV and PFC IS, may be deemed to beneficially own the securities beneficially owned directly by PFC SICAV. Mr. Senkypl, as a control person and Chairman of the board of Pale Fire Capital, may be deemed to beneficially own the securities beneficially owned directly by PFC SICAV. Mr. Barta, as a control person and Chairman of the supervisory board of Pale Fire Capital and Chief Investment Officer of PFC IS, may be deemed to beneficially own the securities beneficially owned directly by PFC SICAV.

Key Figures

Common shares reported: 26,473,673 shares Group beneficial ownership: More than 10% Common stock par value: $0.00001 per share

3 metrics

Common shares reported 26,473,673 shares Directly owned by Pale Fire Capital SICAV a.s. as of September 25, 2026

Group beneficial ownership More than 10% The reporting persons may be deemed members of a Section 13(d) group that collectively beneficially owns this share of Coursera's outstanding common stock

Common stock par value $0.00001 per share Coursera common stock

Key Terms

Section 13(d) group, beneficial ownership, pecuniary interest

3 terms

Section 13(d) group regulatory

"member of a Section 13(d) group that collectively beneficially owns more than 10%"

beneficial ownership regulatory

"disclaims beneficial ownership of the securities reported herein"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

pecuniary interest financial

"except to the extent of his or its pecuniary interest therein"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many Coursera (COUR) shares does Pale Fire Capital SICAV report?

Pale Fire Capital SICAV a.s. directly held 26,473,673 Coursera common shares as of September 25, 2026.

Why do multiple entities and individuals report the same COUR shares?

The shares are directly owned by Pale Fire Capital SICAV a.s. Pale Fire Capital investicni spolecnost a.s. is its investment manager, and Pale Fire Capital SE is the controlling person and sole shareholder of both entities. Dusan Senkypl and Jan Barta are also described as control persons. Each reporting person disclaims beneficial ownership except to the extent of pecuniary interest.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/29/2026 - 05:26 PM Accepted by SEC EDGAR 09/29/2026 - 05:25 PM Learn about SEC filing dates

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Pale Fire Capital SE

(Last) (First) (Middle)

ZATECKA 55/14, JOSEFOV

(Street)

PRAGUE 110 00

(City) (State) (Zip)

CZECH REPUBLIC

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
09/25/2026

3. Issuer Name and Ticker or Trading Symbol
Coursera, Inc. [ COUR ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, $0.00001 par value per share(1)	26,473,673	I	By Pale Fire Capital SICAV a.s.(2)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

Pale Fire Capital SE

(Last) (First) (Middle)

ZATECKA 55/14, JOSEFOV

(Street)

PRAGUE 110 00

(City) (State) (Zip)

CZECH REPUBLIC

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Pale Fire Capital SICAV a.s.

(Last) (First) (Middle)

ZATECKA 55/14, JOSEFOV

(Street)

PRAGUE 110 00

(City) (State) (Zip)

CZECH REPUBLIC

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Pale Fire Capital investicni spolecnost a.s.

(Last) (First) (Middle)

ZATECKA 55/14, JOSEFOV

(Street)

PRAGUE 110 00

(City) (State) (Zip)

CZECH REPUBLIC

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Senkypl Dusan

(Last) (First) (Middle)

JESTRABI 493, OSNICE

(Street)

JESENICE 252 42

(City) (State) (Zip)

CZECH REPUBLIC

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Barta Jan

(Last) (First) (Middle)

NA BATERIICH 104/35, BREVNOV

(Street)

PRAGUE 16200

(City) (State) (Zip)

CZECH REPUBLIC

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

Explanation of Responses:

1. This Form 3 is filed jointly by Pale Fire Capital SE ("Pale Fire Capital"), Pale Fire Capital SICAV a.s. ("PFC SICAV"), Pale Fire Capital investicni spolecnost a.s. ("PFC IS"), Dusan Senkypl and Jan Barta (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding shares of Common Stock, $0.00001 par value per share. Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.

2. Represents securities directly owned by PFC SICAV. PFC IS, as the investment manager of PFC SICAV, may be deemed to beneficially own the securities directly owned by PFC SICAV. Pale Fire Capital, as the controlling person and sole shareholder of each of PFC SICAV and PFC IS, may be deemed to beneficially own the securities beneficially owned directly by PFC SICAV. Mr. Senkypl, as a control person and Chairman of the board of Pale Fire Capital, may be deemed to beneficially own the securities beneficially owned directly by PFC SICAV. Mr. Barta, as a control person and Chairman of the supervisory board of Pale Fire Capital and Chief Investment Officer of PFC IS, may be deemed to beneficially own the securities beneficially owned directly by PFC SICAV.

	Pale Fire Capital SE, By: /s/ Dusan Senkypl, Chairman of the Board	09/29/2026
	Pale Fire Capital SICAV a.s., By: /s/ Dusan Senkypl, Authorized Representative	09/29/2026
	Pale Fire Capital investicni spolecnost a.s., By: /s/ Dusan Senkypl, Board Member	09/29/2026
	By: /s/ Dusan Senkypl	09/29/2026
	By: /s/ Jan Barta	09/29/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)