Andrew Ng, Director at Coursera (NYSE:COUR), reported a large exercise of company stock options on October 19, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that Ng, Director at Coursera, a company in the Consumer Discretionary sector, just exercised stock options worth 50,000 shares of COUR stock with an exercise price of $1.68.
Coursera shares are trading down 0.0% at $18.02 at the time of this writing on Friday morning. Since the current price is $18.02, this makes Ng's 50,000 shares worth $901,000.
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