Form 4: Coursera Director Amanda Clark Reports Stock Transactions

Director Amanda Clark reported the acquisition of 18,669 shares of Coursera stock and the sale of 8,093 shares.

Summary

• On May 22, 2024, Amanda Clark, a director of Coursera, Inc., acquired 18,669 shares of common stock.
• These shares were granted as restricted stock units (RSUs) following the company's 2024 Annual Meeting of Stockholders.
• The RSUs will vest and convert into common stock on the earlier of May 22, 2025, or the 2025 annual meeting, contingent upon continuous service.
• On May 24, 2024, Clark sold 8,093 shares of common stock at a weighted average price of $7.7173 per share, with prices ranging from $7.67 to $7.89.
• The sale was executed under a Rule 10b5-1 trading plan adopted on June 13, 2023.
• Following these transactions, Clark beneficially owns 76,266 shares of Coursera common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure of stock transactions by a company insider, providing transparency to investors regarding the trading activities of key personnel.

Stakeholder Impact

• The transactions provide transparency to shareholders regarding insider trading activity.
• The sale of shares could exert downward pressure on the stock price, although the impact is likely minimal given the relatively small volume.

Key Dates