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Coursera, Inc. (COUR) director receives 34,260 RSUs as equity award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Coursera, Inc. director Carmen Chang reported a compensation-related equity grant and updated her share holdings. On June 11, 2026, she received 34,260 restricted stock units (RSUs) of common stock at a grant price of $0.00. These RSUs will fully vest and convert into shares on the earlier of June 11, 2027 or Coursera’s 2027 annual meeting of stockholders, subject to her continuous service. Following this award, she holds 122,520 shares of Coursera common stock directly. An additional 2,205,883 shares are held indirectly through New Enterprise Associates 17, L.P.; she is affiliated with that entity but disclaims beneficial ownership of any portion in which she has no pecuniary interest.

Positive

  • None.

Negative

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Insider Chang Carmen
Role null
Type Security Shares Price Value
Grant/Award Common Stock 34,260 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 122,520 shares (Direct, null); Common Stock — 2,205,883 shares (Indirect, See Note 2)
Footnotes (1)
  1. Represents restricted stock units (RSUs) automatically granted the day after the issuer's 2026 Annual Meeting of Stockholders. The RSUs will fully vest and convert into shares of the issuer's common stock on the earlier of June 11, 2027 and the issuer's 2027 annual meeting of stockholders, subject to continuous service with the issuer through the applicable vesting date. The Reporting Person is a manager of NEA 17 GP, LLC, which is the sole general partner of NEA Partners 17, L.P. ("NEA Partners 17"). NEA Partners 17 is the sole general partner of New Enterprise Associates 17, L.P. ("NEA 17"), which is the direct beneficial owner of the securities. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the securities held by NEA 17 in which the Reporting Person has no pecuniary interest.
RSU grant size 34,260 units Restricted stock units granted on June 11, 2026
RSU grant price $0.00 per unit Compensation-related equity award
Direct shares after grant 122,520 shares Carmen Chang direct Coursera holdings after RSU grant
Indirectly held shares 2,205,883 shares Held by New Enterprise Associates 17, L.P.
RSU vesting date June 11, 2027 Latest possible full vesting date, subject to service
restricted stock units (RSUs) financial
"Represents restricted stock units (RSUs) automatically granted the day after the issuer's 2026 Annual Meeting of Stockholders."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
pecuniary interest financial
"The Reporting Person disclaims beneficial ownership ... of such portion of the securities held by NEA 17 in which the Reporting Person has no pecuniary interest."
Section 16 of the Securities Exchange Act of 1934 regulatory
"The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the securities..."
A provision of federal securities law that requires company insiders—directors, officers and large shareholders—to publicly report their stock holdings and trades and to surrender any “short-swing” profits from purchases and sales within a six-month window. It acts like a rule that forces leaders to announce their trades and prevents quick buy-sell windfalls, giving investors transparency into insider activity and reducing opportunities for unfair gain.
Annual Meeting of Stockholders financial
"RSUs automatically granted the day after the issuer's 2026 Annual Meeting of Stockholders."
continuous service other
"subject to continuous service with the issuer through the applicable vesting date."
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SEC Form 4
FORM 4UNITED 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*
Chang Carmen

(Last)(First)(Middle)
2855 SAND HILL ROAD

(Street)
MENLO PARK CALIFORNIA 94025

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/11/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
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)
CodeVAmount(A) or (D)Price
Common Stock06/11/2026A34,260(1)A$0122,520D
Common Stock2,205,883ISee Note 2(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents restricted stock units (RSUs) automatically granted the day after the issuer's 2026 Annual Meeting of Stockholders. The RSUs will fully vest and convert into shares of the issuer's common stock on the earlier of June 11, 2027 and the issuer's 2027 annual meeting of stockholders, subject to continuous service with the issuer through the applicable vesting date.
2. The Reporting Person is a manager of NEA 17 GP, LLC, which is the sole general partner of NEA Partners 17, L.P. ("NEA Partners 17"). NEA Partners 17 is the sole general partner of New Enterprise Associates 17, L.P. ("NEA 17"), which is the direct beneficial owner of the securities. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the securities held by NEA 17 in which the Reporting Person has no pecuniary interest.
/s/ Zachary Bambach, attorney-in-fact06/15/2026
** Signature of Reporting PersonDate
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 did Coursera (COUR) director Carmen Chang report in this Form 4?

Carmen Chang reported a grant of 34,260 restricted stock units and updated her direct and indirect Coursera share holdings. The filing reflects compensation-related equity, not an open-market stock purchase or sale.

How many Coursera (COUR) RSUs were granted to Carmen Chang and when do they vest?

She was granted 34,260 restricted stock units on June 11, 2026. These RSUs fully vest and convert into Coursera common shares on the earlier of June 11, 2027 or the company’s 2027 annual meeting, assuming continuous service.

How many Coursera (COUR) shares does Carmen Chang hold directly after this grant?

After the RSU grant, Carmen Chang holds 122,520 Coursera common shares directly. This reflects her personal position, separate from any shares held through investment entities associated with her.

What is the significance of the 2,205,883 Coursera (COUR) shares held indirectly?

The 2,205,883 Coursera shares are held by New Enterprise Associates 17, L.P., an investment entity. Carmen Chang is a manager of related general partners but disclaims beneficial ownership of any portion where she has no pecuniary interest.

Was there any open-market buying or selling of Coursera (COUR) shares in this Form 4?

No open-market buying or selling is shown. The main transaction is a grant of 34,260 restricted stock units as compensation, with a reported price per unit of $0.00, rather than a market trade.

Why does Carmen Chang disclaim beneficial ownership of some Coursera (COUR) shares?

She disclaims beneficial ownership because the shares are held by New Enterprise Associates 17, L.P., and she has no pecuniary interest in certain portions. This limits what is attributed to her under Section 16 rules.