Coupang (CPNG) director Jason Child granted 1,147 RSUs for board service
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Coupang, Inc. director Jason Child received a grant of 1,147 restricted stock units (RSUs) of Class A Common Stock for partial year service as Lead Independent Director and as a member of the Nominating and Corporate Governance Committee. Each RSU converts into one share, vesting by the next annual stockholder meeting or June 12, 2026, with total direct holdings reported at 77,540 shares after the grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Child Jason
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1,147 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 77,540 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Jason Child report at Coupang (CPNG)?
Jason Child reported receiving 1,147 restricted stock units of Coupang Class A Common Stock as a compensation grant. The RSUs are for partial year service as Lead Independent Director and Nominating and Corporate Governance Committee member, increasing his direct holdings to 77,540 shares after the grant.
Is the Jason Child Form 4 for Coupang (CPNG) a stock purchase or a grant?
The Form 4 reflects a stock grant, not an open-market purchase. Jason Child received 1,147 restricted stock units at no stated purchase price as part of Coupang’s non-employee director compensation policy, tied to his roles on the board and a key board committee.
How do Jason Child’s Coupang (CPNG) RSUs from this filing vest?
The 1,147 RSUs vest on the earlier of the next Coupang annual stockholder meeting or June 12, 2026. Vesting is contingent on Jason Child’s continued service to Coupang through that vesting date, according to the disclosed award terms.
What does each Jason Child RSU represent in the Coupang (CPNG) Form 4?
Each restricted stock unit represents a contingent right to receive one share of Coupang’s Class A Common Stock upon settlement. The units convert into shares only after they vest under the specified service-based vesting conditions described in the award disclosure.
What is Jason Child’s reported Coupang (CPNG) ownership after the RSU grant?
Following the RSU grant, Jason Child’s total reported direct holdings are 77,540 shares of Coupang Class A Common Stock. This figure includes the impact of the 1,147 restricted stock units that were granted as part of his non-employee director compensation.
Why did Jason Child receive RSUs from Coupang (CPNG) in this Form 4?
He received 1,147 RSUs as compensation for partial year service as Coupang’s Lead Independent Director and as a member of the Nominating and Corporate Governance Committee, in line with the company’s non-employee director compensation policy disclosed in the filing.