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AI brief of an SEC Form 8-K · Coursera, Inc. (COUR)

Coursera adopts stockholder rights plan after holder accumulates 14.7% of shares

Neutral Impact 4 of 5 shareholder

Coursera's board adopted a limited-duration stockholder rights plan, effective immediately, in response to a stockholder that its recent filings show owns about 14.7% of the common stock. The plan is designed to trigger if any person or group acquires 15% or more without board approval, which would dilute that holder's stake and could deter open-market accumulation.

Key points

  • The board declared a dividend of one preferred share purchase right per common share, payable November 19, 2026 to holders of record on that date.
  • Each right allows purchase of one one-thousandth of a preferred share for $19.50, becoming exercisable only after a person or group acquires 15% or more.
  • The rights expire November 7, 2027, and the board may redeem them for $0.01 per right before any person becomes an acquiring person.
  • The Certificate of Designations was filed with the Delaware Secretary of State on November 9, 2026.

The filing

CompanyCoursera, Inc. (COUR)
Form8-K, current report
Filed with the SECNov 9, 2026, 8:54 AM ET
Accession number0001140361-26-042621

Items reported: 1.01 Material Definitive Agreement3.03 Change to Shareholder Rights5.03 Bylaw / Charter Amendment7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 9:18 AM ET, from this filing only.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.