Form 4: Coursera SVP, General Counsel Alan B. Cardenas Reports Acquisition and Disposal of Common Stock

Alan B. Cardenas, SVP, General Counsel of Coursera, Inc., reports the acquisition of 112,500 shares of common stock and disposal of 309,678 shares.

Summary

• On March 20, 2025, Alan B. Cardenas, the SVP, General Counsel of Coursera, Inc., reported changes in beneficial ownership to the SEC.
• Cardenas acquired 112,500 shares of Coursera's common stock.
• Cardenas also disposed of 309,678 shares of common stock.
• Following these transactions, Cardenas directly owns 309,678 shares of Coursera's common stock.
• The acquired shares are related to a restricted stock unit (RSU) award that vests in sixteen substantially equal quarterly installments beginning May 15, 2025, contingent upon continued service with Coursera.

Sentiment

Score: 5

Explanation: This is a routine disclosure of insider transactions. The sentiment is neutral as it doesn't inherently indicate positive or negative performance for the company.

Future Outlook

The RSU award will continue to vest in sixteen substantially equal quarterly installments beginning May 15, 2025, subject to continued service with Coursera.

Industry Context

Form 4 filings are standard disclosures required by the SEC for company insiders, providing transparency into their transactions in the company's stock. This allows investors to monitor management's alignment with shareholder interests.

Stakeholder Impact

• Shareholders can monitor insider transactions to assess management's confidence in the company.

Key Dates

Keywords

Form 4, Beneficial Ownership, Coursera, Cardenas, Stock, RSU, SEC