[Form 4] Coursera, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Kenneth R. Hahn, identified as an officer (SVP, Chief Financial Officer), reported two open-market sales of Coursera, Inc. (COUR) common stock. On 09/08/2025 he sold 20,364 shares at a weighted-average price of $11.46. On 09/09/2025 he sold 29,636 shares at a weighted-average price of $11.97. Following those transactions the reporting person beneficially owned 954,047 shares. The Form 4 was signed by an attorney-in-fact, Sylvia Lexington, on 09/10/2025. The filing includes explanations that the reported prices are weighted averages across multiple transactions within specified price ranges.

Positive

• Timely disclosure of insider sales via Form 4 filed and signed by an authorized attorney-in-fact
• Substantial remaining ownership of 954,047 shares by the reporting person after the sales

Negative

• Insider sold 50,000 shares across two days (09/08/2025 and 09/09/2025), which may prompt investor attention
• Weighted-average pricing indicates multiple transactions; detailed per-trade data is not included on the form but is available on request

Insights

Securities Analyst

TL;DR: Insider completed modest open-market sales, leaving substantial remaining ownership; the trades are routine rather than clearly material.

The two reported sales total 50,000 shares executed over two days at weighted-average prices of $11.46 and $11.97. The reporting person still holds 954,047 shares, indicating continued exposure to company performance. Without additional context on percent ownership, grant schedules, or trading plans, these appear as routine liquidity actions rather than signals of material corporate change.

Corporate Governance Expert

TL;DR: Officer sales warrant monitoring for governance implications but do not alone indicate misconduct or policy breaches.

The Form 4 shows timely disclosure of two open-market disposals and includes weighted-average price ranges as required. The filing was executed by an attorney-in-fact, which is permissible; however, investors and compliance officers may review whether the trades complied with any pre-established Rule 10b5-1 plans or blackout-period policies since the form notes the availability of such an affirmative defense checkbox.

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

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^*

HAHN KENNETH R

(Last) (First) (Middle)

2440 WEST EL CAMINO REAL

SUITE 500

(Street)

MOUNTAIN VIEW CA 94040

(City) (State) (Zip)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/08/2025

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

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

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

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	09/08/2025		S		20,364	D	$11.46(1)	983,683	D
Common Stock	09/09/2025		S		29,636	D	$11.97(2)	954,047	D

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

Explanation of Responses:

1. Represents a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $11.455 to $11.47, inclusive. The reporting person undertakes to provide upon request by the Securities and Exchange Commission, the issuer, or a securityholder of the issuer detailed information regarding the price and number of shares sold within the range indicated.

2. Represents a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $11.95 to $12.00, inclusive. The reporting person undertakes to provide upon request by the Securities and Exchange Commission, the issuer, or a securityholder of the issuer detailed information regarding the price and number of shares sold within the range indicated.

	/s/ Sylvia Lexington, Attorney-in-Fact	09/10/2025
	** 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.

FAQ

What transactions did Kenneth R. Hahn disclose on the COUR Form 4?

He disclosed open-market sales of 20,364 shares on 09/08/2025 at a weighted-average price of $11.46, and 29,636 shares on 09/09/2025 at a weighted-average price of $11.97.

How many Coursera shares does the reporting person own after the reported sales?

The Form 4 reports beneficial ownership of 954,047 shares following the transactions.

Was the Form 4 signed directly by the reporting person?

No; the Form 4 was signed by an attorney-in-fact, Sylvia Lexington, on 09/10/2025.

Do the filings state the exact per-trade prices for the sales?

The filing provides weighted-average prices and price ranges for the multiple transactions; detailed per-trade prices are not listed but are available upon request as noted in the form.

Does the Form 4 indicate the trades were part of a Rule 10b5-1 plan?

The form includes the standard checkbox language concerning 10b5-1 plans, but it does not indicate that these specific transactions were executed pursuant to such a plan.