Form 4: Coursera GC Sells Shares Under 10b5-1 Plan

Coursera's SVP, General Counsel, Alan B Cardenas, sold 8,078 shares of common stock for $8.17 per share under a pre-arranged 10b5-1 trading plan.

Summary

• Alan B Cardenas, Senior Vice President and General Counsel of Coursera, Inc. (COUR), reported a sale of common stock.
• The transaction involved the disposition of 8,078 shares of Coursera common stock.
• The shares were sold at a price of $8.17 per share.
• The sale was executed on December 15, 2025.
• This transaction was conducted pursuant to a Rule 10b5-1 trading plan, which was adopted by Mr. Cardenas on September 4, 2025.
• Following this transaction, Mr. Cardenas beneficially owns 237,828 shares of Coursera common stock directly.

Sentiment

Score: 5

Explanation: The filing reports a routine, pre-planned insider stock sale under a 10b5-1 plan, which is generally considered neutral in terms of company sentiment as it is not indicative of new information or a change in management's outlook.

Positives

• The transaction was executed under a Rule 10b5-1 trading plan, indicating a pre-scheduled, non-discretionary sale, which enhances transparency and reduces concerns about opportunistic insider trading.

Negatives

• The sale reduces the insider's direct ownership in the company, which could be perceived as a slight reduction in alignment with shareholder interests, though it is a common practice for compensation or liquidity management.

Future Outlook

NA

Industry Context

This filing is a routine disclosure of an insider stock transaction and does not provide information directly related to broader industry trends or competitive landscape for Coursera, Inc.

Stakeholder Impact

• Shareholders: The sale is a routine disclosure of an insider's pre-planned transaction and is unlikely to have a significant impact on shareholder sentiment or the company's operational outlook.
• Employees, Customers, Suppliers, Creditors: This specific filing has no direct impact on these stakeholders.

Key Dates

Keywords

Coursera, COUR, insider trading, Form 4, stock sale, 10b5-1 plan, Alan B Cardenas, General Counsel