COUR Form 4: VP Michele Meyers sells 3,500 shares; 10b5-1 plan noted
Rhea-AI Filing Summary
Coursera insider sale under 10b5-1 plan. Michele M. Meyers, VP, Accounting and CAO, reported a sale of 3,500 shares of Coursera common stock on 09/18/2025 at $11.31 per share. After the sale her beneficial ownership is reported as 237,795 shares. The filing states the trade was effected pursuant to a Rule 10b5-1 trading plan adopted May 15, 2025, and the Form 4 was signed by an attorney-in-fact on 09/22/2025.
Positive
- Transaction executed under a Rule 10b5-1 trading plan adopted May 15, 2025, providing a pre-established framework for trades
- Filing discloses exact quantity, price, and post-transaction beneficial ownership, supporting transparency
Negative
- Officer disposed of 3,500 shares on 09/18/2025 at $11.31, reducing reported holdings to 237,795 shares
- No acquisitions or derivative positions reported, so the filing only reflects a sale without offsetting purchases
Insights
TL;DR: Officer sale under a pre-established 10b5-1 plan reduces holdings modestly; procedural disclosure is compliant.
The reported disposition of 3,500 shares at $11.31 appears routine and was executed under a documented Rule 10b5-1 trading plan adopted May 15, 2025, which helps establish an affirmative defense to insider trading claims. The remaining beneficial ownership of 237,795 shares is disclosed, and the Form 4 is executed by an attorney-in-fact, indicating standard filing practice. No derivative transactions or other compensatory grants are reported.
TL;DR: Transaction is a small open-market sale relative to holdings; limited material impact based on disclosed data.
The sale of 3,500 shares at $11.31 reduces reported ownership but represents a small percentage of the 237,795 shares held after the trade. The filing provides clear price and quantity, and the use of a 10b5-1 plan explains timing and intent. There are no reported acquisitions or derivative positions that would change the capital structure.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,500 | $11.31 | $40K |
Footnotes (1)
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