Coupang (NYSE: CPNG) director awarded 19,275 RSUs as annual retainer

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Sun Benjamin reported acquisition or exercise transactions in this Form 4 filing.

Coupang, Inc. director Benjamin Sun reported an annual director retainer grant of 19,275 restricted stock units (RSUs), each representing one share of Class A Common Stock upon settlement. These RSUs vest on the earlier of the next annual stockholders’ meeting after June 11, 2026 or June 11, 2027, subject to his continued service. Following this grant, he directly holds 338,145 Class A shares and indirectly holds additional shares through Sun Brothers LLC, LaunchTime LLC, and Sun Brothers II LLC.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Sun Benjamin

Role null

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	19,275	$0.00	--
holding	Class A Common Stock	--	--	--
holding	Class A Common Stock	--	--	--
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 338,145 shares (Direct, null); Class A Common Stock — 1,465,253 shares (Indirect, By Sun Brothers II LLC)

Footnotes (1)

Represents the annual director retainer grant of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. The RSUs will vest on the earlier of (i) the date of the next annual meeting of stockholders of the Issuer following June 11, 2026 or (ii) June 11, 2027, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date. Benjamin Sun is a manager and member of Sun Brothers II LLC and LaunchTime LLC and the sole manager of Ben Sun Family, LLC, a member of Sun Brothers LLC.

Key Figures

RSU grant size: 19,275 RSUs Grant price per RSU: $0.00 per unit Direct shares after grant: 338,145 shares +4 more

7 metrics

RSU grant size 19,275 RSUs Annual director retainer grant on June 11, 2026

Grant price per RSU $0.00 per unit Reported transaction price for RSU award

Direct shares after grant 338,145 shares Class A Common Stock directly owned following the RSU award

Sun Brothers LLC holding 503,624 shares Indirect Class A ownership via Sun Brothers LLC

LaunchTime LLC holding 3,941,562 shares Indirect Class A ownership via LaunchTime LLC

Sun Brothers II LLC holding 1,465,253 shares Indirect Class A ownership via Sun Brothers II LLC

RSU vesting deadline June 11, 2027 Latest vesting date, or earlier at next annual meeting

Key Terms

restricted stock units ("RSUs"), annual director retainer grant, Class A Common Stock, vesting, +1 more

5 terms

restricted stock units ("RSUs") financial

"Represents the annual director retainer grant of restricted stock units ("RSUs")."

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

annual director retainer grant financial

"Represents the annual director retainer grant of restricted stock units ("RSUs")."

Class A Common Stock financial

"Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement."

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

vesting financial

"The RSUs will vest on the earlier of (i) the date of the next annual meeting of stockholders ... or (ii) June 11, 2027."

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

indirect ownership financial

"nature_of_ownership: By Sun Brothers LLC / By LaunchTime LLC / By Sun Brothers II LLC"

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Form 4 Insider Transactions: What Each Field Means →

06/12/2026 - 04:39 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Sun Benjamin

(Last)

(First)

(Middle)

C/O COUPANG, INC.

720 OLIVE WAY, SUITE 600

(Street)

SEATTLE

WASHINGTON

98101

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Coupang, Inc. [ CPNG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/11/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	06/11/2026		A		19,275⁽¹⁾	A	$0	338,145	D
Class A Common Stock								1,465,253	I	By Sun Brothers II LLC⁽²⁾
Class A Common Stock								3,941,562	I	By LaunchTime LLC⁽²⁾
Class A Common Stock								503,624	I	By Sun Brothers LLC⁽²⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents the annual director retainer grant of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. The RSUs will vest on the earlier of (i) the date of the next annual meeting of stockholders of the Issuer following June 11, 2026 or (ii) June 11, 2027, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date.

2. Benjamin Sun is a manager and member of Sun Brothers II LLC and LaunchTime LLC and the sole manager of Ben Sun Family, LLC, a member of Sun Brothers LLC.

Remarks:

	/s/ Ruby Alexander, Attorney-in-Fact for Benjamin Sun	06/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Coupang (CPNG) director Benjamin Sun report in his latest Form 4?

Benjamin Sun reported receiving an annual director retainer grant of 19,275 restricted stock units in Coupang Class A Common Stock. Each RSU converts into one share upon settlement, reflecting routine equity compensation for his service as a board director.

How many RSUs did Benjamin Sun receive from Coupang in this filing?

Benjamin Sun received 19,275 restricted stock units of Coupang Class A Common Stock. The RSUs are part of his annual director retainer and were granted at a reported price of $0.00 per unit, reflecting a non-cash equity award rather than an open-market purchase.

When do Benjamin Sun’s Coupang RSUs from this grant vest?

The RSUs vest on the earlier of Coupang’s next annual stockholders’ meeting after June 11, 2026, or June 11, 2027. Vesting is contingent on Benjamin Sun continuing to serve the company through the applicable vesting date, aligning compensation with ongoing board service.

How many Coupang shares does Benjamin Sun hold directly after this Form 4?

After the reported grant, Benjamin Sun directly holds 338,145 shares of Coupang Class A Common Stock. This figure reflects his direct ownership position disclosed in the filing, separate from his additional indirect holdings through various Sun-affiliated limited liability companies.

What indirect Coupang holdings are reported for entities associated with Benjamin Sun?

Entities associated with Benjamin Sun hold Coupang Class A shares indirectly: 503,624 shares via Sun Brothers LLC, 3,941,562 shares via LaunchTime LLC, and 1,465,253 shares via Sun Brothers II LLC. He is described as a manager or member of these entities in the filing footnotes.

Is Benjamin Sun’s Coupang RSU grant a market purchase or a compensation award?

The 19,275 Coupang RSUs are a compensation award, not a market purchase. They are characterized as an annual director retainer grant with a reported price of $0.00 per unit, granted in exchange for board service rather than bought on the open market.