Coupang (NYSE: CPNG) director awarded 17,971 RSUs vesting by 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sharma Asha reported acquisition or exercise transactions in this Form 4 filing.
Coupang, Inc. director Asha Sharma received an equity grant of 17,971 shares of Class A Common Stock, structured as restricted stock units (RSUs). Each RSU represents a right to receive one share upon settlement. The RSUs vest on the earlier of the next annual stockholder meeting after June 11, 2026 or June 11, 2027, if she continues serving the company. Following this grant, she is reported as owning 43,169 shares of Class A Common Stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sharma Asha
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 17,971 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 43,169 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 17,971 shares
Grant price: $0.00 per share
Shares after transaction: 43,169 shares
+1 more
4 metrics
RSU grant size
17,971 shares
Annual director retainer grant on June 11, 2026
Grant price
$0.00 per share
Equity award, not open-market purchase
Shares after transaction
43,169 shares
Total direct Class A Common Stock holdings after grant
Latest vesting date
June 11, 2027
Latest possible vesting date for RSUs, subject to service
Key Terms
restricted stock units ("RSUs"), annual director retainer grant, contingent right to receive one share, vest
4 terms
restricted stock units ("RSUs") financial
"Represents the annual director retainer grant of restricted stock units ("RSUs")."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
annual director retainer grant financial
"Represents the annual director retainer grant of restricted stock units ("RSUs")."
vest financial
"The RSUs will vest on the earlier of (i) the date of the next annual meeting of stockholders..."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did Coupang (CPNG) report for director Asha Sharma?
Coupang reported an equity award to director Asha Sharma. She received 17,971 restricted stock units (RSUs), each representing a right to one share of Class A Common Stock, as part of her annual director retainer, subject to future vesting conditions.
What are the vesting terms of Asha Sharma’s Coupang (CPNG) RSU grant?
The RSUs vest based on time and service. They vest on the earlier of the next annual stockholder meeting following June 11, 2026, or June 11, 2027, contingent on her continued service to Coupang through the applicable vesting date.
What does Asha Sharma’s Coupang (CPNG) RSU grant represent economically?
The grant represents potential future Coupang share ownership. Each of the 17,971 restricted stock units is a contingent right to receive one share of Class A Common Stock upon settlement, once vesting and service conditions are satisfied.
Was Asha Sharma’s Coupang (CPNG) grant an open-market purchase or a compensation award?
The transaction is a compensation-related equity award, not a market trade. The 17,971 RSUs were granted with a per-share price of $0.00, as part of the annual director retainer, rather than bought on the open market.