Paterson Lydia 4

What Happened

• Lydia Paterson, a director of Coursera, was granted 34,260 restricted stock units (RSUs) on June 11, 2026. The Form 4 reports the acquisition code "A" and a $0.00 acquisition price, indicating these were compensation awards rather than a market purchase. No immediate cash changed hands.

Key Details

• Transaction date: 2026-06-11; filed with the SEC: 2026-06-15 (appears to be filed after the typical two-business-day Form 4 deadline).
• Amount: 34,260 RSUs; reported acquisition price: $0.00.
• Shares owned after the transaction: not disclosed in the filing.
• Footnote: The RSUs were automatically granted the day after the issuer's 2026 Annual Meeting. They will fully vest and convert into common shares on the earlier of June 11, 2027 and the 2027 annual meeting, subject to continued service (see footnote F1).
• Filing timeliness: Filing occurred four days after the transaction date; insiders normally must file Form 4 within two business days, so this filing appears to be late.

Context

• RSU grants to directors are a common form of compensation and do not represent an open-market purchase or sale; they reflect board/compensation policy rather than a direct market sentiment signal. The RSUs will convert to shares only if Paterson remains in service through the applicable vesting date.