Form 4: Coursera CFO Sells Shares Under Pre-Arranged Plan
Insider Transaction Report
Coursera's SVP and CFO, Kenneth R. Hahn, sold a total of 50,000 shares of common stock in early September 2025 under a Rule 10b5-1 trading plan.
Summary
- Kenneth R. Hahn, SVP, Chief Financial Officer of Coursera, Inc. (COUR), reported sales of common stock.
- On September 8, 2025, Mr. Hahn sold 20,364 shares of Coursera common stock at a weighted average price of $11.46 per share.
- On September 9, 2025, Mr. Hahn sold an additional 29,636 shares of Coursera common stock at a weighted average price of $11.97 per share.
- These transactions were made pursuant to a Rule 10b5-1(c) contract, instruction, or written plan for the purchase or sale of equity securities.
- Following these transactions, Mr. Hahn beneficially owns 954,047 shares of Coursera common stock directly.
Sentiment
Score: 5
Explanation: The transactions represent routine insider sales executed under a pre-arranged Rule 10b5-1 trading plan, which typically indicates a planned liquidity event rather than a change in management's outlook on the company's future performance.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Insider Trading Plan | The reported sales were executed under a Rule 10b5-1(c) plan, which allows insiders to set up a pre-arranged schedule for buying or selling company stock to avoid accusations of trading on material non-public information. | Prior to transaction dates | Enhances transparency and provides an affirmative defense against insider trading allegations for the reporting person. |
Stakeholder Impact
- Shareholders: Minor impact, as these are routine sales under a pre-arranged plan and do not signal new information about the company's fundamentals.
- Employees: No direct impact.
- Customers: No direct impact.
- Suppliers: No direct impact.
- Creditors: No direct impact.
Key Dates
| Date | Description |
|---|---|
| 09/08/2025 | Transaction Date: Sale of 20,364 shares of common stock. |
| 09/09/2025 | Transaction Date: Sale of 29,636 shares of common stock. |
| 09/10/2025 | Filing Date of the Statement of Changes in Beneficial Ownership. |
Recommendation
holdThe filing details a routine insider stock sale by Coursera's CFO under a pre-arranged 10b5-1 trading plan. Such transactions are typically for personal financial planning and do not usually reflect a change in the company's fundamental outlook or performance. Therefore, this specific filing does not provide new information that would warrant a change from a "hold" recommendation.
Keywords
Coursera, COUR, Kenneth R. Hahn, CFO, Insider Trading, Stock Sale, Form 4, 10b5-1 Plan, Equity Sales
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.