SANDELL SCOTT D 4

What Happened

• Scott D. Sandell, a director of Coursera, Inc. (COUR), was granted 34,260 restricted stock units (RSUs) on June 11, 2026. The Form 4 records the award as an acquisition (code A) at a reported price of $0.00 (i.e., a compensation grant rather than an open-market purchase).

Key Details

• Transaction date: 2026-06-11; Form 4 filed: 2026-06-15 (filed within the standard reporting window).
• Transaction type/code: Award/Grant (A).
• Shares granted: 34,260 RSUs; reported acquisition price: $0.00.
• Shares owned after transaction: not specified in the excerpt of the filing provided.
• Footnotes of note:
  • F1: These RSUs were automatically granted the day after Coursera’s 2026 annual meeting and will vest and convert into common shares on the earlier of June 11, 2027 or the 2027 annual meeting, subject to continued service.
  • F2/F3: Organizational disclosures concerning NEA-related entities and disclaimers of beneficial ownership (these relate to entity reporting relationships, not the mechanics of the RSU grant).

Context

• RSU grants are compensation, not purchases or sales; they convert into shares if/when they vest and thus do not, by themselves, signal a resale or a market purchase. Vesting here depends on continuous service through the vest date. The $0 acquisition price on Form 4 reflects the nature of the award, not a cash transaction.