Form 4: Coursera VP Michele Meyers Sells 2,880 Shares of Common Stock

Michele Meyers, VP, Accounting, and CAO of Coursera, Inc., sold 2,880 shares of common stock at $12 per share on April 18, 2024, according to a Form 4 filing with the SEC.

Summary

• On April 18, 2024, Michele Meyers, VP, Accounting, and CAO of Coursera, Inc., sold 2,880 shares of common stock.
• The sale was executed at a price of $12 per share.
• Following the transaction, Meyers directly owns 240,159 shares of Coursera common stock.
• The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan adopted on August 28, 2023.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reflects a routine transaction under a pre-existing trading plan. It doesn't inherently indicate positive or negative views on the company's future.

Industry Context

Insider sales are a common occurrence in publicly traded companies and are often related to personal financial planning rather than a reflection of the company's prospects.

Stakeholder Impact

• The sale of shares by a company executive could be perceived negatively by some shareholders, although the existence of a 10b5-1 plan mitigates this concern.

Key Dates