Coursera, Inc. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Coursera, Inc. on November 13, 2025. The filing reports a significant executive appointment effective November 17, 2025.
Key Financial Metrics
The filing does not provide financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on executive compensation and appointment details.
Material Changes
The primary material change is the appointment of Michael Foley as Senior Vice President, Chief Financial Officer, and Treasurer on an interim basis. Mr. Foley was also designated as the Company's principal financial officer.
Management Commentary and Compensation
- Appointment Details: Michael Foley, age 52, begins employment on November 17, 2025. His background includes roles as CEO of Branch Metrics, Head of Finance for Emerging Hardware at Alphabet, and CFO of Unity Software.
- Compensation Package:
- Monthly Salary: $166,667
- Cash Bonus: Up to $200,000 contingent on performance
- Related Agreements: The Company expects to enter into a standard indemnification agreement. The full CFO Offer Letter will be filed as an exhibit to the Annual Report on Form 10-K for the fiscal year ended December 31, 2025.
Investor Verification Checklist
- Verify the start date of Mr. Foley's employment (November 17, 2025) and his interim status.
- Review the upcoming Form 10-K for the complete text of the CFO Offer Letter and indemnification agreement.
- Confirm the absence of any undisclosed family relationships or related-party transactions involving Mr. Foley.
- Note that this filing contains no financial results; investors should refer to the most recent 10-Q or 10-K for financial metrics.