Chang Carmen 4
Research Summary
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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.