Coupang director gets 19,275-share RSU grant
Sun Benjamin reported acquisition or exercise transactions in this Form 4 filing.
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
Grant/Award: 19,275 shares
Grant/Award
4 txns
Insider
Sun Benjamin
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 19,275 | $0.00 | $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);
Class A Common Stock — 1,465,253 shares (Indirect, By Sun Brothers II LLC);
Class A Common Stock — 3,941,562 shares (Indirect, By LaunchTime LLC);
Class A Common Stock — 503,624 shares (Indirect, By Sun Brothers LLC)
Footnotes (2)
- F1. 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.
- F2. 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"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
