CPNG insider files Form 144 for 21,428 Class A shares sale via JP Morgan

Rhea-AI Filing Summary

Form 144 for Coupang, Inc. (CPNG): The filer gave notice of a proposed sale of 21,428 shares of Class A common stock through JP Morgan Securities LLC on 09/11/2025, with an aggregate market value listed as $688,267. The filing states total shares outstanding of 1,665,262,233. The shares were acquired at the IPO on 03/11/2021 (2,143 shares) and 03/18/2021 (19,285 shares) and were paid for in cash. The filer reports no securities sold in the past three months and includes the standard representation that they are not aware of undisclosed material adverse information about the issuer.

Positive

• Notice filed under Rule 144, providing transparency about a proposed insider/affiliate sale
• Acquisition details disclosed: shares were purchased at IPO on 03/11/2021 and 03/18/2021 and paid in cash
• No securities sold in the past three months for the account to be sold, per the filing

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine Form 144 notice showing a planned sale of 21,428 Class A shares worth ~$688k; no recent sales reported.

This filing is a standard Rule 144 notice documenting a proposed sale by an insider or affiliate. The size of the position (21,428 shares) is small relative to the stated outstanding shares (1,665,262,233), and the shares were acquired at the IPO in March 2021. Because there are no sales in the prior three months listed, the notice appears to be a discrete liquidity event rather than part of an ongoing disposition program. For investors, this is informational; it does not by itself change fundamentals.

Compliance/Risk Analyst

TL;DR: Filing complies with Rule 144 formalities and includes the required attestation about material non-public information.

The form names the broker (JP Morgan Securities LLC), provides acquisition dates and payment method (cash at IPO on 03/11/2021 and 03/18/2021), and notes no prior three-month sales. The representation regarding material adverse information and the explicit signature warning address regulatory disclosure requirements. From a compliance viewpoint, the notice appears complete for the data provided here.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A Common Stock	JP Morgan Securities LLC 390 Madison Avenue, 6th Floor New York NY 10017	21428	688267	1665262233	09/11/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A Common Stock	03/11/2021	Purchase at IPO	Issuer			2143	03/11/2021	Cash Investment
Class A Common Stock	03/18/2021	Purchase at IPO	Issuer			19285	03/18/2021	Cash Investment

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Coupang's (CPNG) Form 144 report?

The Form 144 reports a proposed sale of 21,428 Class A common shares through JP Morgan Securities LLC on 09/11/2025, with an aggregate market value of $688,267.

How many Coupang shares were acquired and when?

The filing shows the shares were acquired at the IPO: 2,143 on 03/11/2021 and 19,285 on 03/18/2021, paid in cash.

Does the Form 144 show recent sales by this person?

No. The filing states "Nothing to Report" for securities sold during the past three months.

Which broker is handling the proposed sale for CPNG?

The notice names JP Morgan Securities LLC, 390 Madison Avenue, New York, NY as the broker.

How many Coupang shares are outstanding according to the filing?

The filing lists 1,665,262,233 shares outstanding.