Form 4: Coursera SVP Richard Jacquet Reports Changes in Beneficial Ownership

Richard Jacquet, SVP and Chief People Officer at Coursera, reports the acquisition and disposal of Coursera's common stock.

Summary

• Richard J. Jacquet, SVP, Chief People Officer of Coursera, Inc., filed a Form 4 with the SEC on March 20, 2024.
• The report details changes in his beneficial ownership of Coursera's common stock.
• On March 18, 2024, Jacquet acquired 65,944 shares of common stock at $0 and disposed of 265,729 shares.
• Following these transactions, Jacquet beneficially owns 265,729 shares of Coursera common stock.
• The acquisition of shares is related to the settlement of a restricted stock unit (RSU) award that vests in sixteen substantially equal quarterly installments beginning May 15, 2024, contingent upon continued service with Coursera.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Future Outlook

The reporting person's future ownership is tied to the vesting schedule of the RSU award, which is contingent on continued service with Coursera.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies like Coursera. It provides transparency to investors regarding the holdings and transactions of company insiders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive stock ownership.
• The vesting of RSUs incentivizes the executive to remain with the company.

Key Dates