Form 4: Coursera Director Theodore Mitchell Acquires Shares Through Restricted Stock Units

Director Theodore Mitchell acquired 18,669 shares of Coursera, Inc. through restricted stock units (RSUs) on May 22, 2024.

Summary

• Theodore Mitchell, a director of Coursera, Inc., acquired 18,669 shares of common stock on May 22, 2024.
• The acquisition was through the grant of restricted stock units (RSUs).
• These RSUs were automatically granted the day after Coursera's 2024 Annual Meeting of Stockholders.
• The RSUs will fully vest and convert into shares of common stock on the earlier of May 22, 2025, or the issuer's 2025 annual meeting of stockholders, contingent upon continuous service with the issuer.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of stock acquisition by a director through RSUs, which is a common practice.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Future Outlook

The RSUs will vest on the earlier of May 22, 2025, or the 2025 annual meeting, contingent on continuous service.

Industry Context

This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the ownership changes of company insiders.

Stakeholder Impact

• The acquisition of shares by a director could positively influence shareholder sentiment.

Key Dates