RSU awards boost Coupang (NYSE: CPNG) accounting chief’s equity stake

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Lee Jonathan D. reported acquisition or exercise transactions in this Form 4 filing.

Coupang, Inc. reported that Chief Accounting Officer Jonathan D. Lee received equity awards in the form of restricted stock units (RSUs) for its Class A common stock. On April 1, 2026, he was granted 18,157 RSUs and a separate grant of 47,181 RSUs as compensation.

The 18,157 RSUs will vest in four installments: 4,540 units on July 1, 2026, 4,539 units on October 1, 2026, 4,539 units on January 1, 2027, and 4,539 units on April 1, 2027, subject to his continued service. The 47,181 RSUs will vest in four later tranches from July 1, 2027 through April 1, 2028. After these grants, Lee directly holds 187,434 shares of Class A common stock.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Lee Jonathan D.

Role Chief Accounting Officer

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	18,157	$0.00	--
Grant/Award	Class A Common Stock	47,181	$0.00	--

Holdings After Transaction: Class A Common Stock — 140,253 shares (Direct)

Footnotes (1)

Represents the 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 as follows, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date: (1) 4,540 units on July 1, 2026; (2) 4,539 units on October 1, 2026; (3) 4,539 units on January 1, 2027; and (4) 4,539 units on April 1, 2027. Represents the grant of 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 as follows, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date: (1) 11,796 units on July 1, 2027; (2) 11,795 units on October 1, 2027; (3) 11,795 units on January 1, 2028; and (4) 11,795 units on April 1, 2028.

Key Figures

RSUs granted (first award): 18,157 RSUs Vesting tranches for 18,157 RSUs: 4,540; 4,539; 4,539; 4,539 units RSUs granted (second award): 47,181 RSUs +3 more

6 metrics

RSUs granted (first award) 18,157 RSUs Grant of Class A common stock RSUs on April 1, 2026

Vesting tranches for 18,157 RSUs 4,540; 4,539; 4,539; 4,539 units Vest on July 1, 2026; October 1, 2026; January 1, 2027; April 1, 2027

RSUs granted (second award) 47,181 RSUs Grant of Class A common stock RSUs on April 1, 2026

Vesting tranches for 47,181 RSUs 11,796; 11,795; 11,795; 11,795 units Vest on July 1, 2027; October 1, 2027; January 1, 2028; April 1, 2028

Shares held after transactions 187,434 shares Direct Class A common stock holdings after April 1, 2026 grants

Grant price per RSU $0.00 per unit RSUs granted at no cash cost to the executive

Key Terms

restricted stock units ("RSUs"), contingent right, vesting

3 terms

restricted stock units ("RSUs") financial

"Represents the grant of restricted stock units ("RSUs"). Each RSU represents a contingent right"

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.

contingent right financial

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

vesting financial

"The RSUs will vest as follows, subject to the Reporting Person's continued service to the Issuer"

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.

Form 4 Insider Transactions: What Each Field Means →

04/03/2026 - 04:20 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^*

Lee Jonathan D.

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

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	04/01/2026		A		18,157⁽¹⁾	A	$0	140,253	D
Class A Common Stock	04/01/2026		A		47,181⁽²⁾	A	$0	187,434	D

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 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 as follows, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date: (1) 4,540 units on July 1, 2026; (2) 4,539 units on October 1, 2026; (3) 4,539 units on January 1, 2027; and (4) 4,539 units on April 1, 2027.

2. Represents the grant of 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 as follows, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date: (1) 11,796 units on July 1, 2027; (2) 11,795 units on October 1, 2027; (3) 11,795 units on January 1, 2028; and (4) 11,795 units on April 1, 2028.

Remarks:

	/s/ Ruby Alexander, Attorney-in-Fact for Jonathan Lee	04/03/2026
	** 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 insider transaction did Coupang (CPNG) report for Jonathan D. Lee?

Coupang reported that Chief Accounting Officer Jonathan D. Lee received two equity grants of restricted stock units. He was awarded 18,157 RSUs and 47,181 RSUs of Class A common stock on April 1, 2026, as part of his executive compensation package subject to future vesting.

How many RSUs did Coupang (CPNG) grant to its Chief Accounting Officer?

Jonathan D. Lee received two RSU grants: one for 18,157 units and another for 47,181 units. Each restricted stock unit represents a contingent right to receive one share of Coupang’s Class A common stock upon settlement, assuming all vesting conditions are satisfied over time.

What are the vesting terms for Jonathan D. Lee’s 18,157 Coupang (CPNG) RSUs?

The 18,157 RSUs vest in four equal-like installments, assuming continued service: 4,540 units on July 1, 2026, 4,539 units on October 1, 2026, 4,539 units on January 1, 2027, and 4,539 units on April 1, 2027. Each vested RSU converts into one Class A share.

How do the 47,181 RSUs granted to Coupang (CPNG) executive vest?

The 47,181 RSUs vest in four tranches, subject to continued service: 11,796 units on July 1, 2027, 11,795 units on October 1, 2027, 11,795 units on January 1, 2028, and 11,795 units on April 1, 2028. Each vested RSU delivers one share of Class A stock.

How many Coupang (CPNG) Class A shares does Jonathan D. Lee hold after these grants?

Following the reported RSU awards, Jonathan D. Lee directly holds 187,434 shares of Coupang’s Class A common stock. This total reflects his position after the April 1, 2026 grants, as disclosed, and highlights the scale of equity-based incentives tied to his role.

Do the Coupang (CPNG) RSUs granted to Jonathan D. Lee have an exercise price?

The RSUs reported for Jonathan D. Lee do not have an exercise price; they were granted at zero cost per unit. Each restricted stock unit represents a contingent right to receive one share of Class A common stock upon vesting and settlement, assuming service conditions are met.