Form 4: Coursera Director Scott Sandell Receives RSU Grant

Director Scott Sandell was granted 34,260 restricted stock units as part of Coursera's annual director compensation program.

Summary

• Director Scott D. Sandell received an automatic grant of 34,260 restricted stock units (RSUs) on June 11, 2026.
• The grant follows the company's 2026 Annual Meeting of Stockholders.
• The RSUs are scheduled to vest on the earlier of June 11, 2027, or the date of the 2027 annual meeting, contingent on continued service.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative filing regarding standard director compensation.

Positives

• Alignment of director interests with shareholders through equity-based compensation.

Negatives

• None identified; this is a standard compensatory equity grant.

Risks

• Vesting is subject to the director's continuous service with the issuer.

Future Outlook

The RSUs will convert to common stock on June 11, 2027, or the 2027 annual meeting date, provided the director remains in service.

Industry Context

StockSavvy.ai notes that automatic equity grants for non-employee directors following annual meetings are a standard corporate governance practice in the technology sector to ensure board retention and alignment.

Comparison to Industry Standards

• The grant structure is consistent with standard equity compensation practices for directors at publicly traded SaaS and EdTech companies.

Corporate Governance

Related Party Transactions

• The reporting person is a manager of entities associated with New Enterprise Associates (NEA), which holds significant indirect interests in the company.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine compensatory grant.

Next Steps

• Vesting of the 34,260 RSUs on June 11, 2027.

Key Dates

Keywords

Coursera, COUR, Form 4, Insider Trading, Director Compensation, Equity Grant