Form 4: Director Andrew Ng Receives Coursera RSU Grant
Statement of Changes in Beneficial Ownership
Coursera Director Andrew Ng was granted 34,260 restricted stock units following the company's 2026 Annual Meeting.
Summary
- Director Andrew Y. Ng acquired 34,260 restricted stock units (RSUs) on June 11, 2026.
- The grant was issued automatically following the issuer's 2026 Annual Meeting of Stockholders.
- The total beneficial ownership for the director following this transaction is 7,277,586 shares of common stock.
- The RSUs are scheduled to vest on the earlier of June 11, 2027, or the date of the 2027 annual meeting.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation.
Positives
- Alignment of director interests with long-term shareholder value through equity-based compensation.
- Standardized, non-discretionary grant process following the annual meeting.
Negatives
- None identified; this is a routine compensatory filing.
Risks
- Vesting is subject to the director's continuous service with the issuer through the vesting date.
Future Outlook
The RSUs will fully vest and convert into common stock on the earlier of June 11, 2027, or the 2027 annual meeting of stockholders, provided the director maintains continuous service.
Industry Context
StockSavvy.ai notes that equity grants to board members following annual meetings are standard corporate governance practice in the technology sector to ensure director retention and alignment with shareholder interests.
Comparison to Industry Standards
- The grant structure is consistent with standard equity compensation practices for non-employee directors in publicly traded SaaS and EdTech companies.
- The vesting period of one year is typical for annual director equity awards.
Stakeholder Impact
- Minimal impact on shareholders; reflects standard director compensation.
Next Steps
- Vesting of the 34,260 RSUs on June 11, 2027, or the 2027 annual meeting.
Key Dates
| Date | Description |
|---|---|
| 06/11/2026 | Date of RSU grant transaction. |
| 06/11/2027 | Scheduled vesting date for the granted RSUs. |
Keywords
Coursera, COUR, Andrew Ng, Insider Trading, Form 4, Equity Compensation, Director Compensation
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