Neil Mehta (NYSE: CPNG) linked funds add 7.35M Coupang Class A shares

Rhea-AI Filing Summary

Coupang, Inc. director Neil Mehta reported significant insider buying through investment vehicles associated with him. On March 11–13, 2026, funds and accounts advised by Greenoaks Capital Partners LLC, where he is a managing partner, made three open-market purchases of Class A common shares.

These indirect purchases totaled 7,350,104 shares at weighted average prices of about $18.40–$18.68 per share, with detailed price ranges provided in the footnotes. After these transactions, entities linked to Mehta held 55,310,977 Coupang shares indirectly, while he also held 78,773 shares directly, including unvested RSUs adjusted for 1,318 forfeited units. Mehta disclaims beneficial ownership of the indirect holdings except to the extent of his pecuniary interest.

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^*

MEHTA NEIL

(Last) (First) (Middle)

4 ORINDA WAY BUILDING C

SUITE 200

(Street)

ORINDA CA 94563

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
03/11/2026

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

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

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

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Shares	03/11/2026		P		2,017,241	A	$18.6411(1)	49,978,114	I	See Footnotes(2)
Class A Common Shares	03/12/2026		P		3,000,000	A	$18.6787(3)	52,978,114	I	See Footnotes(2)
Class A Common Shares	03/13/2026		P		2,332,863	A	$18.3994(4)	55,310,977	I	See Footnotes(2)
Class A Common Shares								78,773	D(5)

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $18.4850 to $19.0100. The Reporting Person undertakes to provide to the Issuer, any security holders of the Issuer, or the staff of the Securities and Exchange Commission ("SEC"), upon request, full information regarding the number of shares purchased at each price within this range.

2. The securities reported herein are held by certain funds and accounts for which Greenoaks Capital Partners LLC ("Greenoaks") serves as the investment adviser and related persons or entities, including certain estate planning vehicles of the Reporting Person, who serves as a Managing Partner of Greenoaks. Accordingly, the Reporting Person may be attributed beneficial ownership of the reported securities, but he disclaims such beneficial ownership except to the extent of his pecuniary interest, if any, therein. This Statement shall not be deemed to be an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. This Statement does not reflect securities held by certain funds and accounts managed by persons associated with Greenoaks because the Reporting Person is no longer attributed beneficial ownership of such securities.

3. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $18.5000 to $18.9000. The Reporting Person undertakes to provide to the Issuer, any security holders of the Issuer, or the SEC staff, upon request, full information regarding the number of shares purchased at each price within this range.

4. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $18.2177 to $18.7400. The Reporting Person undertakes to provide to the Issuer, any security holders of the Issuer, or the SEC staff, upon request, full information regarding the number of shares purchased at each price within this range.

5. Includes unvested restricted stock units ("RSUs") held by the Reporting Person for his service on the board of the Issuer. Such amount has been adjusted for 1,318 RSUs that were forfeited at the end of the Reporting Person's service on certain board committees.

	/s/ Neil Mehta	03/13/2026
	** 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.

FAQ

What insider buying did Neil Mehta report at Coupang (CPNG)?

Neil Mehta reported indirect open-market purchases totaling 7,350,104 Coupang Class A shares. These trades occurred over three days in March 2026 through funds and accounts associated with Greenoaks Capital Partners LLC, reflecting substantial additional exposure to Coupang shares.

Over what dates were the recent Coupang (CPNG) insider purchases made?

The reported Coupang insider purchases occurred from March 11 to March 13, 2026. During this three-day period, entities linked to director Neil Mehta executed multiple open-market transactions in Class A common shares at various prices within disclosed ranges.

What prices were paid for Neil Mehta-linked Coupang (CPNG) share purchases?

The weighted average purchase prices ranged around $18.40–$18.68 per share. Footnotes state the shares were bought in multiple trades with price ranges from $18.2177 to $19.0100, and detailed breakdowns are available on request from the company or the SEC staff.

How many Coupang (CPNG) shares are held by entities associated with Neil Mehta after these trades?

After the reported trades, entities associated with Neil Mehta held 55,310,977 Coupang shares indirectly. In addition, he held 78,773 shares directly, including unvested restricted stock units for board service, adjusted for 1,318 forfeited RSUs.

Are Neil Mehta’s Coupang (CPNG) holdings direct or through investment vehicles?

Most reported Coupang holdings are indirect, via funds and accounts advised by Greenoaks Capital Partners LLC. Neil Mehta, a managing partner of Greenoaks, disclaims beneficial ownership beyond his pecuniary interest, and also holds a smaller direct position including unvested RSUs.

What does the Form 4 footnote say about Neil Mehta’s beneficial ownership of Coupang (CPNG) shares?

The footnote states Mehta may be attributed beneficial ownership but disclaims it except for his pecuniary interest. The securities are held by Greenoaks-advised funds, related persons, and estate planning vehicles, and the statement is not an admission of beneficial ownership for Section 16 purposes.