CPNG Insider Notice: 64,755 Class A Shares via J.P. Morgan Listed
Rhea-AI Filing Summary
Coupang, Inc. (CPNG) filed a Form 144 notifying a proposed sale of 64,755 Class A common shares through J.P. Morgan Securities LLC on the NYSE, with an aggregate market value of $2,075,795.09 and total shares outstanding listed as 1,655,262,233. The securities to be sold were acquired by vesting of restricted stock units: 20,260 shares vested on 07/01/2025 and 44,495 shares vested on 09/01/2025, both noted as equity compensation from Coupang, Inc. The proposed approximate sale date is 09/11/2025. The filer reports no securities sold in the past three months and includes the standard signature representation that no material nonpublic information is known.
Positive
- Full disclosure of acquisition method: The filing states the shares were acquired via RSU vesting on precise dates (07/01/2025 and 09/01/2025).
- Broker and timing provided: J.P. Morgan Securities LLC is named and an approximate sale date (09/11/2025) is given, supporting market transparency.
Negative
- Limited identifying details in provided extract: The excerpt does not include the filer’s CIK or full contact fields, which are necessary in the complete filing record.
Insights
TL;DR: Routine insider sale of vested RSUs; size is small relative to outstanding shares and appears non-material.
The filing documents a planned sale of 64,755 vested Class A shares via J.P. Morgan, valued at about $2.08 million. Given the issuer's listed outstanding share count of 1.655 billion, this sale represents a de minimis percentage of the float and is typical of executives or employees monetizing vested equity compensation. The absence of other sales in the prior three months and the explicit statement regarding lack of undisclosed material information align with standard compliance practice. For investors, this is a routine disclosure rather than a material corporate event.
TL;DR: Filing appears procedurally complete for Rule 144 notice; vesting dates and broker are disclosed.
The Form 144 lists acquisition by RSU vesting on 07/01/2025 and 09/01/2025 and specifies equity compensation and the executing broker. The filer attests to no undisclosed material information, which is required for such notices. There are no reported aggregated sales in the past three months, reducing complexity for aggregation rules. From a compliance perspective, the document contains the necessary fields for a Rule 144 notice; however, it does not include the filer’s CIK/identifying details in the provided extract, which are required on the full filing record.