Coursera director granted 34,260 RSUs
Coursera, Inc. director Scott D. Sandell received a grant of 34,260 restricted stock units of common stock at no cost.
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Form Type
4
Rhea-AI Filing Summary
Coursera, Inc. director Scott D. Sandell received a grant of 34,260 restricted stock units of common stock at no cost. 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 his continuous service.
Following the grant, Sandell holds 106,230 shares directly. Entities associated with New Enterprise Associates hold additional Coursera shares indirectly, and Sandell disclaims beneficial ownership of portions in which he has no pecuniary interest.
Insider Trade Summary
Grant/Award: 34,260 shares
Grant/Award
3 txns
Insider
SANDELL SCOTT D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 34,260 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 106,230 shares (Direct);
Common Stock — 10,661,886 shares (Indirect, See Note 2);
Common Stock — 2,205,883 shares (Indirect, See Note 3)
Footnotes (3)
- F1. 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.
- F2. The Reporting Person is a manager of NEA 13 GP, LLC, which is the sole general partner of NEA Partners 13, L.P. ("NEA Partners 13"). NEA Partners 13 is the sole general partner of New Enterprise Associates 13, L.P. ("NEA 13"), 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 13 in which the Reporting Person has no pecuniary interest.
- F3. 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.
Key Figures
RSU grant size: 34,260 units
Grant price: $0.00 per share
Direct holdings after grant: 106,230 shares
+3 more
6 metrics
RSU grant size
34,260 units
Restricted stock units of Coursera common stock granted with code A
Grant price
$0.00 per share
RSUs granted as stock-based compensation, not market purchase
Direct holdings after grant
106,230 shares
Scott Sandell’s direct Coursera common stock ownership post-transaction
Indirect NEA 13 holdings
10,661,886 shares
Coursera shares held indirectly through New Enterprise Associates 13, L.P.
Indirect NEA 17 holdings
2,205,883 shares
Coursera shares held indirectly through New Enterprise Associates 17, L.P.
RSU vesting date
June 11, 2027
Full vesting on earlier of June 11, 2027 or 2027 annual meeting
Key Terms
restricted stock units (RSUs), beneficial ownership, pecuniary interest, Section 16 of the Securities Exchange Act of 1934, +1 more
5 terms
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.
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership ... of such portion of the securities held by NEA 13 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."
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."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Coursera (COUR) director Scott Sandell receive in this Form 4?
Scott D. Sandell received a grant of 34,260 restricted stock units of Coursera common stock. The award is a stock-based compensation grant, not an open-market purchase, and was reported as an acquisition under transaction code A.
When do Scott Sandell’s new Coursera RSUs vest?
The 34,260 Coursera RSUs vest in full on the earlier of June 11, 2027 or the company’s 2027 annual stockholder meeting. Vesting is conditioned on Sandell’s continuous service with Coursera through the applicable vesting date.
What indirect Coursera holdings are associated with Scott Sandell?
Entities affiliated with New Enterprise Associates hold large Coursera positions, including 10,661,886 shares and 2,205,883 shares reported as indirect holdings. Sandell is a manager of the related general partners but disclaims beneficial ownership where he has no pecuniary interest.
Is Scott Sandell’s Coursera RSU grant a market transaction?
The RSU grant is not a market transaction; it is a stock-based compensation award at a price of $0.00 per share. No open-market buying or selling occurred, and the shares will be issued only upon vesting in the future.
AI-generated analysis. How Rhea-AI works. Not financial advice.
