Coupang (CPNG) director receives 353 restricted stock units as equity award
Rhea-AI Filing Summary
Coupang, Inc. reported that a director received an equity award in the form of restricted stock units. On June 12, 2025, the reporting person acquired 353 RSUs, each representing a contingent right to receive one share of Coupang Class A common stock upon settlement, at a stated price of $0 per share. After this grant, the reporting person beneficially owned 76,393 shares of Class A common stock in direct ownership.
The RSUs will vest on the earlier of the date of Coupang’s next annual meeting of stockholders following June 12, 2025 or June 12, 2026, if the director continues to serve the company through the applicable vesting date. This filing reflects an equity-based compensation grant rather than an open-market purchase or sale.
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FAQ
What insider transaction did Coupang (CPNG) report in this Form 4?
Coupang reported that a director received a grant of 353 restricted stock units (RSUs) of Class A common stock on June 12, 2025. Each RSU represents a contingent right to receive one share of Class A common stock upon settlement.
What are the vesting terms of the new RSU grant at Coupang (CPNG)?
The 353 RSUs will vest on the earlier of the date of the next annual meeting of stockholders following June 12, 2025 or June 12, 2026, subject to the director’s continued service to Coupang through the applicable vesting date.
What is the exercise or purchase price for the RSUs granted by Coupang (CPNG)?
The filing shows the RSU grant of 353 shares of Class A common stock with a stated price of $0 per share, which is typical for restricted stock units as they are granted rather than purchased on the market.
How many Coupang (CPNG) shares does the reporting person own after this transaction?
Following the reported RSU grant, the reporting person beneficially owned 76,393 shares of Coupang Class A common stock, held in direct ownership.
Is the Coupang (CPNG) Form 4 transaction a grant or a sale of shares?
The Form 4 describes an acquisition of 353 RSUs as equity compensation, not a sale. The transaction code is listed as an acquisition, with the RSUs vesting based on continued service and future dates.
Who signed the Coupang (CPNG) Form 4 and in what capacity?
The Form 4 was signed by /s/ Ruby Alexander as Attorney-in-Fact for Jason Child, indicating that Jason Child is the reporting person and a director of Coupang.