Insider Report: Coursera CFO Acquires 49,503 Shares, Sells 100k (COUR)
Rhea-AI Filing Summary
Coursera insider activity: Kenneth R. Hahn, SVP and Chief Financial Officer of Coursera, reported multiple transactions in mid-August 2025. He exercised a stock option on 08/14/2025 to acquire 49,503 shares at an exercise price of $6.06, and the underlying option grants 1,250,000 shares granted in 2020 vested fully by May 2024. Following the exercise, Hahn sold a total of 100,000 shares across 08/14–08/15/2025 at weighted-average prices of approximately $11.87–$11.92 per share. The issuer withheld 46,806 shares on 08/15/2025 to cover tax liabilities related to vesting of RSUs and performance RSUs. After these transactions, Hahn beneficially owned 785,923 shares directly.
Positive
- None.
Negative
- None.
Insights
TL;DR: Insider exercised options and sold a portion of shares; net/direct ownership remains substantial, signaling routine liquidity rather than a clear directional signal.
Hahn exercised a $6.06 option to acquire 49,503 shares and immediately disposed of 100,000 shares across two days at roughly $11.87–$11.92, generating gross proceeds near $1.19 million based on weighted averages stated. The issuer withheld ~46,806 shares to satisfy tax obligations on RSU vesting. Post-transactions, direct beneficial ownership is 785,923 shares, indicating continued meaningful insider exposure. These moves are commonly seen when executives realize gains after option vesting and to cover tax liabilities; they do not, by themselves, imply material change in corporate outlook.
TL;DR: Transactions appear routine and comply with disclosure norms; no evidence of trading under a disclosed 10b5-1 plan in this filing.
The Form 4 shows standard reporting: option exercise, open-market sales, and share-withholdings for taxes. The filer checked the box indicating he is an officer and reported the transactions timely. The form does not indicate the use of a Rule 10b5-1 trading plan for these sales. From a governance perspective, transparency is adequate; investors might note the sale size versus total holdings but the filing contains no allegations or procedural irregularities.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 25,000 | $11.92 | $298K |
| Tax Withholding | Common Stock | 42,906 | $11.91 | $511K |
| Tax Withholding | Common Stock | 3,900 | $11.91 | $46K |
| Exercise | Stock Option (right to buy) | 49,503 | $0.00 | -- |
| Exercise | Common Stock | 49,503 | $6.06 | $300K |
| Sale | Common Stock | 75,000 | $11.87 | $890K |
Footnotes (1)
- Represents a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $11.835 to $11.915, 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. Represents a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $11.88 to $12.086, 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. Represents the number of shares of common stock withheld by the issuer to cover the reporting person's tax liability associated with the vesting of shares underlying certain restricted stock units on August 15, 2025 and does not represent a sale by the reporting person. Represents the number of shares of common stock withheld by the issuer to cover the reporting person's tax liability associated with the vesting of shares underlying certain performance-based restricted stock units on August 15, 2025 and does not represent a sale by the reporting person. Represents a stock option to purchase 1,250,000 shares of common stock granted on May 19, 2020, which vested over 4 years through May 18, 2024.
