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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Shares | 2,332,863 | $18.3994 | $42.92M |
| Purchase | Class A Common Shares | 3,000,000 | $18.6787 | $56.04M |
| Purchase | Class A Common Shares | 2,017,241 | $18.6411 | $37.60M |
| holding | Class A Common Shares | -- | -- | -- |
Footnotes (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. 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. 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. 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. 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.