Cardenas Alan B 4

What Happened
Alan B. Cardenas, Senior Vice President and General Counsel of Coursera, was granted an award of 20,000 restricted stock units (RSUs) on March 25, 2026. The reported acquisition price is $0.00 (award), so no cash was exchanged. These RSUs are shares issuable upon settlement of the award rather than an open-market purchase.

Key Details

• Transaction date: 2026-03-25 (reported); Form filed 2026-03-31.
• Transaction type/code: Award/Grant (A).
• Amount: 20,000 RSUs; price shown $0.00 (no cash paid).
• Vesting: RSUs vest in four substantially equal quarterly installments beginning May 15, 2026, subject to the reporting person’s continued service through each vesting date (per footnote).
• Shares owned after transaction: not specified in the provided filing details.
• No timeliness or 10b5-1 plan was indicated in the supplied information.

Context
RSU grants are a common form of executive compensation and do not represent an immediate purchase or sale in the market. Because these units vest over time, they only convert to actual shares (and potential sellable stock) as the vesting conditions are met. For retail investors, awards signal compensation alignment with company performance and retention but are not the same as an insider buying shares on the open market.