[Form 4] Coursera, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Alan B. Cardenas, listed as a director and SVP, General Counsel of Coursera, Inc. (COUR), reported the sale of 24,631 shares of Coursera common stock on 09/03/2025 at a weighted average price of $11.14 per share. After the disposition, the reporting person beneficially owned 258,526 shares. The filing notes the shares were sold in multiple transactions at prices ranging from $10.968 to $11.234, and the Form 4 was signed by an attorney-in-fact on 09/05/2025. The report is a routine Section 16 disclosure documenting an insider sale and the remaining beneficial ownership.

Positive

• Timely disclosure: Transaction date 09/03/2025 and Form 4 executed 09/05/2025, showing prompt reporting.
• Clear pricing transparency: Filing provides weighted average price $11.14 and explicit sale price range $10.968–$11.234.

Negative

• Insider sale: Reporting person disposed of 24,631 shares, reducing beneficial ownership from prior level to 258,526 shares.
• No stated reason for sale in the filing, so investors cannot assess whether the sale was personal or policy-driven.

Insights

Financial Analyst

TL;DR: A routine insider sale: modest position reduction with clear price range and prompt reporting.

The sale of 24,631 shares at a weighted average of $11.14 represents a modest reduction relative to the remaining 258,526 shares beneficially owned. The filing provides precise transaction dates and a disclosed per-share price range of $10.968 to $11.234, improving transparency. Timing shows the trade occurred on 09/03/2025 and the Form 4 was executed on 09/05/2025, indicating timely compliance with Section 16 reporting obligations. There is no convertible or derivative activity reported and no additional context about the reason for the sale, so the event appears operationally routine rather than materially informative about company performance.

Corporate Governance Expert

TL;DR: Disclosure is complete for the reported sale; no governance red flags evident from this Form 4 alone.

The Form 4 identifies the reporting person as both a director and an officer (SVP, General Counsel) and documents the disposition with a clear share count and price range. The signature by an attorney-in-fact is included, and the filing lists the beneficial ownership remaining after the sale. From a governance standpoint, the filing meets Section 16 transparency standards. Absent other information (e.g., patterned trading, connected-party transactions, or additional filings), this single reported sale does not in itself indicate a governance concern.

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^*

Cardenas Alan B

(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, General Counsel

3. Date of Earliest Transaction (Month/Day/Year)
09/03/2025

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	09/03/2025		S		24,631	D	$11.14(1)	258,526	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 $10.968 to $11.234, 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	09/05/2025
	** 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 did Coursera insider Alan B. Cardenas sell on 09/03/2025 (COUR)?

The Form 4 shows 24,631 shares of Coursera common stock were sold on 09/03/2025.

At what price did the insider sale occur for COUR?

The shares were sold at a weighted average price of $11.14 per share, with individual trade prices ranging from $10.968 to $11.234.

How many Coursera shares does Alan B. Cardenas beneficially own after the sale?

Following the reported transaction, the filing reports 258,526 shares beneficially owned.

What is Alan B. Cardenas's role at Coursera as listed on the Form 4?

The Form 4 identifies him as a Director and an Officer with the title SVP, General Counsel.

When was the Form 4 signed and by whom?

The signature block shows the Form 4 was signed by Sylvia Lexington, Attorney-in-Fact on 09/05/2025.

Does the Form 4 report any derivative transactions for COUR?

No. The filing contains Table I non-derivative activity and does not report any derivative securities in Table II.