Coupang (NYSE: CPNG) director receives 353 RSUs in equity grant
Rhea-AI Filing Summary
Coupang, Inc. reported that one of its directors received a new equity award. On June 12, 2025, the director was granted 353 restricted stock units (RSUs) of Class A common stock at a stated price of $0 per unit. After this grant, the director beneficially owned 50,313 shares of Class A common stock in total, held directly.
The RSUs each represent a right to receive one share of Class A common stock upon settlement. They will vest on the earlier of the company’s next annual stockholder meeting following June 12, 2025, or on June 12, 2026, as long as the director continues to serve the company through the vesting date.
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FAQ
What equity award did the Coupang (CPNG) director receive?
The director received a grant of 353 restricted stock units (RSUs), each representing a contingent right to receive one share of Coupang’s Class A common stock upon settlement.
When was the new Coupang (CPNG) RSU grant made to the director?
The RSU grant to the director was made on June 12, 2025, as reported in the filing.
What is the vesting schedule for the 353 Coupang (CPNG) RSUs?
The 353 RSUs will vest on the earlier of the next annual meeting of stockholders following June 12, 2025 or June 12, 2026, subject to the director’s continued service with Coupang through the vesting date.
How many Coupang (CPNG) shares does the director own after this RSU grant?
Following the reported transaction, the director beneficially owned 50,313 shares of Coupang Class A common stock, held in direct ownership.
What transaction price was reported for the Coupang (CPNG) RSU grant?
The filing shows a transaction price of $0 for the grant of the 353 Class A common stock RSUs.
Is the reporting person a director or officer of Coupang (CPNG)?
The reporting person is identified as a director of Coupang, Inc. and filed the form as one reporting person.