Chang Carmen 4
4 · Coursera, Inc. · Filed Jun 15, 2026
Research Summary
AI-generated summary of this filing
Coursera (COUR) Director Carmen Chang Receives RSU Award
What Happened Carmen Chang, a director of Coursera (COUR), received an award of 34,260 restricted stock units (RSUs) on June 11, 2026. The grant was reported as an acquisition at $0.00 per share (total reported value $0). The RSUs were automatically granted the day after Coursera’s 2026 Annual Meeting and will convert to common shares on the earlier of June 11, 2027 or the issuer’s 2027 annual meeting, subject to continuous service through the vesting date.
Key Details
- Transaction date: 2026-06-11; Transaction code: A (Award/Grant).
- Shares/units granted: 34,260 RSUs; reported price: $0.00; reported total value: $0.
- Vesting: Fully vests and converts to common stock on earlier of June 11, 2027 and the 2027 annual meeting, subject to continued service (see footnote F1).
- Shares owned after transaction: Not specified in the provided filing.
- Filing: Form 4 filed 2026-06-15 for a 2026-06-11 transaction — filing appears timely under Form 4 rules.
- Notable footnotes: F1 explains the RSU automatic grant and vesting schedule. F2 describes an institutional reporting/disclaimer related to NEA 17 (appears to relate to another reporting person in the filing and clarifies beneficial ownership/disclaimer).
Context This was a compensation grant (RSUs) to a director, not an open-market purchase or sale. Such awards are common for director compensation and do not by themselves signal a buy or sell decision by the insider. The grant vests over time and is subject to continued service, so these units are not immediately tradeable.
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-11+34,260→ 122,520 total
- 2,205,883(indirect: See Note 2)
Common Stock
[F2]
Footnotes (2)
- [F1]Represents restricted stock units (RSUs) automatically granted the day after the issuer's 2026 Annual Meeting of Stockholders. The RSUs will fully vest and convert into shares of the issuer's common stock on the earlier of June 11, 2027 and the issuer's 2027 annual meeting of stockholders, subject to continuous service with the issuer through the applicable vesting date.
- [F2]The Reporting Person is a manager of NEA 17 GP, LLC, which is the sole general partner of NEA Partners 17, L.P. ("NEA Partners 17"). NEA Partners 17 is the sole general partner of New Enterprise Associates 17, L.P. ("NEA 17"), which is the direct beneficial owner of the securities. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the securities held by NEA 17 in which the Reporting Person has no pecuniary interest.