Coursera Director Lydia Paterson's Form 3 Filing Following Merger with Udemy

This Form 3 filing reports the initial ownership of Coursera, Inc. (COUR) common stock by director Lydia Paterson following the merger with Udemy, Inc. The filing details that at the effective time of the merger on May 11, 2026, Paterson received 76,138 shares of Coursera common stock as conversion of her Udemy restricted stock units. The conversion ratio was 0.800 Coursera shares for each Udemy share. Paterson's Udemy stock options were canceled without payment as their exercise price exceeded the conversion value. The filing includes a power of attorney authorizing designated individuals to file future Section 16 reports on Paterson's behalf. This represents standard post-merger reporting for a director receiving converted equity from the acquired company.