secwatch.observer — SEC 8-K summary
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Issuer:     Coursera, Inc. (COUR)
CIK:        0001651562
Form:       8-K
Filed at:   2025-02-03T23:59:59+00:00
Accession:  0001651562-25-000006
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Coursera enters separation agreement with retiring CEO Maggioncalda, retention pact with CFO Hahn
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- CEO Maggioncalda retirement effective Feb 3, 2025; separation includes 12-month salary, FY2025 bonus, FY2024 bonus.
- Maggioncalda to provide advisory services until Aug 15, 2025; equity vesting continues; options exercisable for 18 months.
- CFO Hahn retention agreement: enhanced severance (12-month salary, prorated bonus) if terminated without cause or resigns for good reason through up to Nov 15, 2025 or 6 months after new CEO start.
- Hahn may enter 12-month advisory agreement with continued vesting; unvested equity accelerates if advisory not provided or terminated without cause.
- Maggioncalda's stock options remain exercisable up to 18 months; Hahn's up to 24 months after termination.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1651562/000165156225000006/0001651562-25-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1651562/000165156225000006/cour-20250129.htm
  HTML page:      https://secwatch.observer/filing/0001651562-25-000006

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