Insight funds exit 78,628 Coursera (COUR) shares in open-market sale

Rhea-AI Filing Summary

Coursera, Inc. reported that entities associated with Insight Holdings and related Insight funds, each listed as a ten percent owner, completed an open-market sale of common stock. They sold 78,628 shares of Coursera common stock at an average price of $5.6889 per share. Following this May 18, 2026 transaction, the reporting entities showed 0 shares indirectly owned in this line of holdings.

Insights

Equity analyst

Insight-affiliated funds reported selling 78,628 Coursera shares and showing no remaining shares in this reported position.

Entities associated with Insight Holdings Group and related Insight funds, identified as ten percent owners, disclosed an open-market sale of 78,628 Coursera common shares at $5.6889 per share. The transaction is coded as an open-market or private sale.

After the sale, the Form 4 line shows 0 shares indirectly owned, indicating this specific reported position was fully exited. There are no derivative positions reported in this filing, so the disclosure focuses solely on this common stock sale, without additional option or warrant exposure.

Insider Trade Summary

Net Seller: 78,628 shares ($447,307)

Net Sell 1 txn

Insider Insight Holdings Group, LLC, Insight Falcon Associates, Ltd., Insight Falcon Partners (A), L.P., Insight Venture Management, LLC, Insight Partners Public Equities GP, LLC, Insight Partners Public Equities Master Fund, L.P.

Role null | null | null | null | null | null

Sold 78,628 shs ($447K)

Type	Security	Shares	Price	Value
Sale	Common Stock	78,628	$5.6889	$447K

Holdings After Transaction: Common Stock — 0 shares (Indirect, See footnote)

Footnotes (1)

1. See Exhibit 99.1 See Exhibit 99.1

Key Figures

Shares sold: 78,628 shares Average sale price: $5.6889 per share Net shares sold: 78,628 shares +1 more

4 metrics

Shares sold 78,628 shares Common stock sold in open-market transaction

Average sale price $5.6889 per share Price for Coursera common stock sale

Net shares sold 78,628 shares Net buy/sell shares from transactionSummary

Shares following transaction 0 shares Total shares indirectly owned after sale in this position

Key Terms

open-market sale, ten percent owner, indirect ownership, Form 4

4 terms

open-market sale financial

"The sale was an open-market transaction at an average price of $5.6889 per share"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

ten percent owner regulatory

"entities associated with Insight Holdings and related Insight funds, each listed as a ten percent owner"

indirect ownership regulatory

"Following the sale, the reporting entities showed 0 shares indirectly owned in this line of holdings"

Form 4 regulatory

"After the sale, the Form 4 line shows 0 shares indirectly owned"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

X

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Insight Holdings Group, LLC

(Last) (First) (Middle)

C/O INSIGHT PARTNERS

1114 AVENUE OF THE AMERICAS, 36TH FLOOR

(Street)

NEW YORK NEW YORK 10036

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/18/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/18/2026		S		78,628	D	$5.6889(1)	0	I	See footnote(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

Insight Holdings Group, LLC

(Last) (First) (Middle)

C/O INSIGHT PARTNERS

1114 AVENUE OF THE AMERICAS, 36TH FLOOR

(Street)

NEW YORK NEW YORK 10036

(City) (State) (Zip)

UNITED STATES

(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^*

Insight Falcon Associates, Ltd.

(Last) (First) (Middle)

C/O INSIGHT PARTNERS

1114 AVENUE OF THE AMERICAS, 36TH FLOOR

(Street)

NEW YORK NEW YORK 10036

(City) (State) (Zip)

UNITED STATES

(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^*

Insight Falcon Partners (A), L.P.

(Last) (First) (Middle)

C/O INSIGHT PARTNERS

1114 AVENUE OF THE AMERICAS, 36TH FLOOR

(Street)

NEW YORK NEW YORK 10036

(City) (State) (Zip)

UNITED STATES

(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^*

Insight Venture Management, LLC

(Last) (First) (Middle)

C/O INSIGHT PARTNERS

1114 AVENUE OF THE AMERICAS, 36TH FLOOR

(Street)

NEW YORK NEW YORK 10036

(City) (State) (Zip)

UNITED STATES

(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^*

Insight Partners Public Equities GP, LLC

(Last) (First) (Middle)

C/O INSIGHT PARTNERS

1114 AVENUE OF THE AMERICAS, 36TH FLOOR

(Street)

NEW YORK NEW YORK 10036

(City) (State) (Zip)

UNITED STATES

(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^*

Insight Partners Public Equities Master Fund, L.P.

(Last) (First) (Middle)

C/O INSIGHT PARTNERS

1114 AVENUE OF THE AMERICAS, 36TH FLOOR

(Street)

NEW YORK NEW YORK 10036

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

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

Explanation of Responses:

1. See Exhibit 99.1

2. See Exhibit 99.1

Remarks:

This Form 4 is the first of two Forms 4 filed relating to the same event. The Form 4 has been split into two filings because there are more than 10 reporting persons in total, and the SEC's EDGAR filing system limits a single Form 4 to a maximum of 10 reporting persons. Each Form 4 is filed by Designated Filer, Insight Holdings Group, LLC.

	Insight Holdings Group, LLC By /s/ Andrew Prodromos	05/20/2026
	Insight Falcon Partners (A), L.P. By: Insight Falcon Associates, Ltd., its general partner	05/20/2026
	Insight Falcon Associates, Ltd. By: /s/ Andrew Prodromos	05/20/2026
	Insight Venture Management, LLC By /s/ Andrew Prodromos	05/20/2026
	Insight Partners Public Equities GP, LLC By: /s/ Andrew Prodromos	05/20/2026
	Insight Partners Public Equities Master Fund, L.P. By: Insight Partners Public Equities GP, LLC, its general partner	05/20/2026
	** 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 4 (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 4: SEC 1474 (03-26)

FAQ

What insider transaction did Insight entities report for Coursera (COUR)?

Insight-affiliated entities reported selling 78,628 shares of Coursera common stock. The sale was an open-market transaction at an average price of $5.6889 per share, fully exiting this reported indirect holding.

How many Coursera shares were sold in the latest Insight Form 4?

The Form 4 shows a sale of 78,628 Coursera common shares. These shares were sold in an open-market transaction at an average price of $5.6889 per share, by entities listed as ten percent owners.

At what price did Insight-related entities sell Coursera (COUR) shares?

The reported sale price was an average of $5.6889 per Coursera share. All 78,628 common shares in this transaction were sold at that average price in an open-market or private transaction, according to the Form 4 disclosure.

Do Insight-affiliated holders still own Coursera shares after this Form 4?

For this specific reported position, the Form 4 lists zero shares indirectly owned after the sale. The 78,628 Coursera shares previously reported in this line were fully sold, with no remaining balance shown for this holding.

What type of Coursera security was involved in the Insight Form 4 sale?

The transaction involved Coursera common stock, classified as a non-derivative security. Insight-affiliated entities sold 78,628 common shares in an open-market sale and reported no remaining indirect holdings for this common stock position afterward.