Insight Holdings Group Entities File Form 3 for Coursera Stock Following Udemy Merger

This Form 3 filing reports the initial ownership statements by Insight Holdings Group, LLC and related entities following Coursera's acquisition of Udemy. The filing covers 10 reporting persons who collectively hold significant Coursera common stock positions resulting from the merger transaction. According to the Merger Agreement dated December 17, 2025, each share of Udemy common stock held by Insight Venture Partners entities was converted into 0.800 shares of Coursera common stock effective May 11, 2026. The filing shows substantial holdings including 19,362,553 shares held by Insight Venture Partners VII, L.P., 8,523,803 shares by Insight Venture Partners (Cayman) VII, L.P., and 787,927 shares by Grace Software Cross Fund Holdings, LLC. The Board of Directors approved the acquisition under Rule 16b-3 exemption requirements. This is the first of two Forms 3 filed due to SEC EDGAR system limitations of 10 reporting persons per filing.