Morgan Stanley now holds 1.3% of Coursera after dropping below 5%

Rhea-AI Filing Summary

Morgan Stanley filed an amended Schedule 13G reporting its beneficial ownership in Coursera, Inc. common stock. The firm reports 2,089,722 shares beneficially owned, representing 1.3% of the class as of the stated event date. It has shared voting power over 1,275,231 shares and shared dispositive power over 2,089,722 shares, with no sole voting or dispositive power. Morgan Stanley notes it has ceased to be a beneficial owner of more than five percent of Coursera’s common stock.

The filing is made on a passive Schedule 13G basis and includes a certification that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control.

Insights

Equity ownership & governance analyst

Morgan Stanley discloses a passive 1.3% stake in Coursera.

Morgan Stanley reports beneficial ownership of 2,089,722 Coursera shares, equal to 1.3% of the class, with shared voting power over 1,275,231 shares and shared dispositive power over 2,089,722 shares. Sole voting and dispositive powers are reported as zero.

The investor states it has ceased to be a >5% owner and files on a Schedule 13G basis, which is intended for passive holdings. The certification confirms ordinary-course ownership and no intent to influence control.

The practical impact is administrative: ownership is now below the 5% threshold as of September 30, 2025. Future ownership changes, if any, would be captured in subsequent beneficial ownership filings.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Coursera, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

22266M104

(CUSIP Number)

09/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 22266M104

1

Names of Reporting Persons

Morgan Stanley

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,275,231.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,089,722.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,089,722.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

1.3 %

12

Type of Reporting Person (See Instructions)

HC, CO

Comment for Type of Reporting Person: As of the date hereof, Morgan Stanley has ceased to be the beneficial owner of more than five percent of the class of securities.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Coursera, Inc.
(b)	Address of issuer's principal executive offices: 2440 WEST EL CAMINO REAL, MOUNTAIN VIEW, CA, 94040
Item 2.
(a)	Name of person filing: Morgan Stanley
(b)	Address or principal business office or, if none, residence: 1585 Broadway, New York, NY 10036
(c)	Citizenship: Delaware
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 22266M104
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: See the response(s) to Item 9 on the attached cover page(s).
(b)	Percent of class: 1.3 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: See the response(s) to Item 5 on the attached cover page(s).
	(ii) Shared power to vote or to direct the vote: See the response(s) to Item 6 on the attached cover page(s).
	(iii) Sole power to dispose or to direct the disposition of: See the response(s) to Item 7 on the attached cover page(s).
	(iv) Shared power to dispose or to direct the disposition of: See the response(s) to Item 8 on the attached cover page(s).
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. * In Accordance with the Securities and Exchange Commission Release No. 34-39538 (January 12, 1998) (the "Release"), this filing reflects the securities beneficially owned, or that may be deemed to be beneficially owned, by certain operating units (collectively, the "MS Reporting Units") of Morgan Stanley and its subsidiaries and affiliates (collectively, "MS"). This filing does not reflect securities, if any, beneficially owned by any operating units of MS whose ownership of securities is disaggregated from that of the MS Reporting Units in accordance with the Release.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Morgan Stanley

Signature:	Chris O'Hara
Name/Title:	Authorized Signatory, Morgan Stanley
Date:	11/07/2025

FAQ

What stake did Morgan Stanley report in Coursera (COUR)?

Morgan Stanley reported beneficial ownership of 2,089,722 shares, equal to 1.3% of the class.

Did Morgan Stanley fall below the 5% ownership threshold in COUR?

Yes. Morgan Stanley stated it has ceased to be a beneficial owner of more than five percent.

What are Morgan Stanley’s voting and dispositive powers over COUR shares?

It has shared voting power over 1,275,231 shares and shared dispositive power over 2,089,722 shares; no sole powers.

What filing type did Morgan Stanley use for Coursera (COUR)?

An amended Schedule 13G, which is typically used for passive ownership.

What is the event date associated with this ownership report for COUR?

The event date is 09/30/2025.

Does Morgan Stanley indicate any intent to influence control of Coursera?

No. The certification states the securities are held in the ordinary course of business and not to influence control.