A Form 4 is filed within two business days of a company insider — an officer, a director, or a holder of more than ten percent of the stock — changing their position in the shares. All 11 filings in this group are Form 4s for Coursera, Inc.
The difficulty with reading these filings as a group is that a single form type covers transactions that mean entirely different things. An executive spending their own money to buy stock and an executive having shares withheld to pay tax on a vesting grant both appear as a Form 4. Every filing below is therefore tagged with the nature of the underlying transaction, taken from the transaction code reported on the form itself.
Across the 11 insider filings shown, the breakdown is 6 compensation award, 2 open-market sale, 2 tax withholding and 1 open-market purchase. 3 of them involved a discretionary open-market trade; the rest are compensation and administrative mechanics.
Form 4
Open-market sale
Insider Selling
2026-10-02
COUR insider Hart Gregory M. (Director, President & CEO) sold 10,308 shares (~$52.6K)
Hart Gregory M., listed as Director, President & CEO at Coursera, Inc., reported an open-market sale of 10,308 COUR shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
10,308 |
$5.11 |
$52.6K |
Filing: Form 4 (Insider Transaction)
Insider: Hart Gregory M. (Director, President & CEO)
Shares: 10,308
Est. Value: $52.6K
Form 4
Compensation award
Tax / Compensation Filing
2026-10-02
COUR insider Form 4 filed for equity award, exercise, or tax withholding
Savage Thomas I. (SVP, Chief Legal Officer) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
245,000 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Savage Thomas I. (SVP, Chief Legal Officer)
Shares: 245,000
Form 4
Open-market purchase
Insider Buying
2026-09-29
COUR insider Pale Fire Capital SE (10% Owner) bought 2,332,742 shares (~$11.36M)
Pale Fire Capital SE, listed as 10% Owner at Coursera, Inc., reported an open-market purchase of 2,332,742 COUR shares in a Form 4 filing. Insider buying is often treated as a bullish signal because company insiders are committing their own capital.
The insider bought shares on the open market with their own money. This is the only Form 4 category that requires a discretionary cash outlay at the prevailing price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
P |
Open-market purchase
|
1,332,742 |
$5.06 |
$6.75M |
P |
Open-market purchase
|
1,000,000 |
$4.61 |
$4.61M |
Filing: Form 4 (Insider Transaction)
Insider: Pale Fire Capital SE (10% Owner)
Shares: 2,332,742
Est. Value: $11.36M
Form 4
Tax withholding
Tax / Compensation Filing
2026-08-18
COUR insider Form 4 filed for equity award, exercise, or tax withholding
Modica Marcelo (SVP, Chief People Officer) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were withheld by the company to settle tax due when equity vested. This is an automatic administrative step and not a decision to sell.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
F |
Tax withholding on vested shares
|
11,241 |
$5.78 |
$65.0K |
F |
Tax withholding on vested shares
|
936 |
$5.78 |
$5.4K |
Filing: Form 4 (Insider Transaction)
Insider: Modica Marcelo (SVP, Chief People Officer)
Shares: 12,177
Form 4
Tax withholding
Tax / Compensation Filing
2026-08-18
COUR insider Form 4 filed for equity award, exercise, or tax withholding
Hart Gregory M. (Director, President & CEO) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were withheld by the company to settle tax due when equity vested. This is an automatic administrative step and not a decision to sell.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
F |
Tax withholding on vested shares
|
46,069 |
$5.78 |
$266.3K |
Filing: Form 4 (Insider Transaction)
Insider: Hart Gregory M. (Director, President & CEO)
Shares: 46,069
Form 4
Open-market sale
Insider Selling
2026-08-18
COUR insider Cardenas Alan B (SVP, General Counsel) sold 9,139 shares (~$52.2K)
Cardenas Alan B, listed as SVP, General Counsel at Coursera, Inc., reported an open-market sale of 9,139 COUR shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
F |
Tax withholding on vested shares
|
9,203 |
$5.78 |
$53.2K |
F |
Tax withholding on vested shares
|
1,355 |
$5.78 |
$7.8K |
S |
Open-market sale
|
9,139 |
$5.71 |
$52.2K |
Filing: Form 4 (Insider Transaction)
Insider: Cardenas Alan B (SVP, General Counsel)
Shares: 9,139
Est. Value: $52.2K
Form 4
Compensation award
Tax / Compensation Filing
2026-06-15
COUR insider Form 4 filed for equity award, exercise, or tax withholding
SANDELL SCOTT D (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
34,260 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: SANDELL SCOTT D (Director)
Shares: 34,260
Form 4
Compensation award
Tax / Compensation Filing
2026-06-15
COUR insider Form 4 filed for equity award, exercise, or tax withholding
Chang Carmen (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
34,260 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Chang Carmen (Director)
Shares: 34,260
Form 4
Compensation award
Tax / Compensation Filing
2026-06-15
COUR insider Form 4 filed for equity award, exercise, or tax withholding
MITCHELL THEODORE (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
34,260 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: MITCHELL THEODORE (Director)
Shares: 34,260
Form 4
Compensation award
Tax / Compensation Filing
2026-06-15
COUR insider Form 4 filed for equity award, exercise, or tax withholding
McCarthy Christopher D. (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
34,260 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: McCarthy Christopher D. (Director)
Shares: 34,260
Form 4
Compensation award
Tax / Compensation Filing
2026-06-15
COUR insider Form 4 filed for equity award, exercise, or tax withholding
Ng Andrew Y. (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
|
34,260 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Ng Andrew Y. (Director)
Shares: 34,260