Coursera, Inc. filed a Form 8-A on November 9, 2026 to register Preferred Stock Purchase Rights on the New York Stock Exchange in connection with the company's adoption of a new stockholder rights plan.

Key Highlights

  • Board action: Coursera's board of directors declared a dividend of one preferred share purchase right for each outstanding share of common stock on November 7, 2026.
  • Exercise price: Each Right, once exercisable, allows the holder to purchase one one-thousandth of a share of Series A Junior Participating Preferred Stock at $19.50 per Right.
  • Preferred stock par value: The Series A Junior Participating Preferred Stock carries a par value of $0.00001 per share.
  • Rights Agreement date: The Rights Agreement was entered into as of November 8, 2026, with Equiniti Trust Company, LLC serving as rights agent.
  • Dividend payable: The dividend is payable on November 19, 2026 to stockholders of record as of the close of business on November 19, 2026.
  • Exchange registration: The Preferred Stock Purchase Rights are registered on the New York Stock Exchange under NYSE:COUR.

Coursera Registers Rights Plan Securities and Names Equiniti as Rights Agent

According to the filing, Coursera, Inc., a Delaware public benefit corporation, adopted a stockholder rights plan after its board of directors declared a dividend of one preferred share purchase right for each outstanding share of common stock, par value $0.00001 per share. The board took this action on November 7, 2026, with the Rights Agreement formalized the following day, November 8, 2026.

The filing discloses that each Right entitles its holder to purchase from the Company one one-thousandth of a share of Series A Junior Participating Preferred Stock, par value $0.00001 per share, at an exercise price of $19.50, once the Rights become exercisable. Equiniti Trust Company, LLC is named as rights agent under the Rights Agreement. The dividend is payable on November 19, 2026 to Company stockholders of record as of the close of business on that same date.

The filing states that the Rights are "in all respects subject to and governed by the provisions of the Rights Agreement." For a full description of the Rights, the filing incorporates by reference the description set forth under Items 1.01, 3.03, and 5.03 of Coursera's Current Report on Form 8-K, also filed with the SEC on November 9, 2026. The filing was signed by Tom Savage, Senior Vice President, Chief Legal Officer and Corporate Secretary.

What Was Disclosed

Coursera filed a Form 8-A on November 9, 2026, registering Preferred Stock Purchase Rights on the New York Stock Exchange. The rights plan was adopted November 7-8, 2026, with an exercise price of $19.50 per Right and a record date of November 19, 2026.