High-turnout Coupang (NYSE: CPNG) 2026 meeting approves board, auditor and executive pay
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Coupang, Inc. reported the results of its 2026 annual meeting of stockholders. Holders entitled to 5,677,920,671 votes were present in person or by proxy, representing approximately 91.2% of the voting power as of the April 13, 2026 record date, establishing a quorum.
All seven director nominees, including Bom Kim and Jason Child, were elected to serve until the 2027 annual meeting or until their successors are elected and qualified. Stockholders also ratified Samil PricewaterhouseCoopers as independent registered public accounting firm for the fiscal year ending December 31, 2026.
In an advisory, non-binding vote, stockholders approved the compensation of the company’s named executive officers as disclosed in the proxy statement. Overall, the meeting results indicate strong stockholder participation and broad support for the board, auditor, and executive pay program.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Key Figures
Voting power represented: 5,677,920,671 votes
Voting participation: 91.2%
Auditor ratification – For: 5,651,854,104 votes
+4 more
7 metrics
Voting power represented
5,677,920,671 votes
Present or by proxy at 2026 annual meeting
Voting participation
91.2%
Voting power of outstanding common stock as of April 13, 2026
Auditor ratification – For
5,651,854,104 votes
Samil PricewaterhouseCoopers for fiscal year ending December 31, 2026
Auditor ratification – Against
25,805,924 votes
Samil PricewaterhouseCoopers proposal
Say-on-pay – For
5,489,926,819 votes
Advisory vote on named executive officer compensation
Say-on-pay – Against
96,091,712 votes
Advisory vote on named executive officer compensation
Broker non-votes (say-on-pay)
84,012,790 votes
Advisory vote on executive compensation
Key Terms
emerging growth company, broker non-votes, independent registered public accounting firm, advisory, non-binding vote, +1 more
5 terms
emerging growth company regulatory
"405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
broker non-votes financial
"For | Against | Abstain | Broker Non-Votes Bom Kim | 5,469,716,106 | 123,989,238 | 202,537 | 84,012,790"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
independent registered public accounting firm regulatory
"The appointment of Samil PricewaterhouseCoopers as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
advisory, non-binding vote regulatory
"The compensation of the Company’s named executive officers as disclosed in the Proxy Statement was approved in an advisory, non-binding vote"
quorum regulatory
"representing approximately 91.2% of the voting power of the outstanding shares of common stock of the Company as of the close of business on April 13, 2026 ... and constituting a quorum for the transaction of business"
A quorum is the minimum number of members needed to officially hold a meeting or make decisions. It ensures that decisions are made with enough participation to represent the group’s interests, much like a majority must be present for a vote to be valid. For investors, understanding quorum is important because it affects when and how important company or organization decisions can be legally made.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report
(Date of earliest event reported)
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification Number) | ||||||||||||
(Address of principal executive offices, including zip code)
(206 ) 333-3839
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
| (Title of Each Class) | (Trading Symbol) | (Name of Each Exchange on Which Registered) | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.07 Submission of Matters to a Vote of Security Holders.
On June 11, 2026, Coupang, Inc. (the “Company”) held its 2026 Annual Meeting of Stockholders (the “Annual Meeting”). The Company’s stockholders voted on three proposals at the Annual Meeting, each of which is described in more detail in the Company’s definitive proxy statement (the “Proxy Statement”) filed with the Securities and Exchange Commission (the “SEC”) on April 27, 2026 and the supplement to the Proxy Statement filed with the SEC on May 18, 2026. Present at the Annual Meeting in person or by proxy were holders of shares of common stock of the Company entitled to 5,677,920,671 votes, representing approximately 91.2% of the voting power of the outstanding shares of common stock of the Company as of the close of business on April 13, 2026, the record date for the Annual Meeting, and constituting a quorum for the transaction of business.
The final results for each proposal considered at the Annual Meeting are set forth below.
1.The following nominees were elected as directors, each to hold office until the Company’s next annual meeting of stockholders to be held in 2027, or until their successor is duly elected and qualified, by the vote set forth below:
For | Against | Abstain | Broker Non-Votes | |||||||||||
Bom Kim | 5,469,716,106 | 123,989,238 | 202,537 | 84,012,790 | ||||||||||
| Jason Child | 5,429,964,562 | 163,683,412 | 259,907 | 84,012,790 | ||||||||||
| Pedro Franceschi | 5,579,365,035 | 14,273,823 | 269,023 | 84,012,790 | ||||||||||
| Neil Mehta | 5,583,181,119 | 10,472,310 | 254,452 | 84,012,790 | ||||||||||
| Asha Sharma | 5,573,562,381 | 20,075,988 | 269,512 | 84,012,790 | ||||||||||
Benjamin Sun | 5,562,960,440 | 30,704,149 | 243,292 | 84,012,790 | ||||||||||
Ambereen Toubassy | 5,408,990,607 | 184,685,050 | 232,224 | 84,012,790 | ||||||||||
2.The appointment of Samil PricewaterhouseCoopers as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026 was ratified by the vote set forth below:
For | Against | Abstain | Broker Non-Votes | ||||||||
| 5,651,854,104 | 25,805,924 | 260,643 | N/A | ||||||||
3.The compensation of the Company’s named executive officers as disclosed in the Proxy Statement was approved in an advisory, non-binding vote, by the vote set forth below:
For | Against | Abstain | Broker Non-Votes | ||||||||
| 5,489,926,819 | 96,091,712 | 7,889,350 | 84,012,790 | ||||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| COUPANG, INC. (REGISTRANT) | |||||
| By: | /s/ Harold L. Rogers | ||||
| Harold L. Rogers | |||||
| General Counsel and Chief Administrative Officer | |||||
Dated: June 12, 2026