Director Neil Mehta receives 17,391 RSU grant at Coupang (NYSE: CPNG)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MEHTA NEIL reported acquisition or exercise transactions in this Form 4 filing.
Coupang, Inc. director Neil Mehta reported an equity compensation grant rather than an open-market trade. He received 17,391 restricted stock units (RSUs) of Class A Common Stock on June 11, 2026 as his annual director retainer grant, at a stated price of $0.00 per share.
Each RSU represents the right to receive one share of Class A Common Stock and will vest on the earlier of the next annual stockholder meeting after June 11, 2026 or June 11, 2027, subject to his continued service. Following this grant, Mehta holds 96,164 Class A shares directly and 55,310,977 shares indirectly through funds and accounts advised by Greenoaks LLC and related estate planning entities, for which he disclaims beneficial ownership beyond any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
MEHTA NEIL
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 17,391 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 96,164 shares (Direct, null);
Class A Common Stock — 55,310,977 shares (Indirect, See footnote)
Footnotes (1)
- Represents the annual director retainer grant of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. The RSUs will vest on the earlier of (i) the date of the next annual meeting of stockholders of the Issuer following June 11, 2026 or (ii) June 11, 2027, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date. The securities reported herein are held by certain funds and accounts for which Greenoaks 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.
Key Figures
RSU grant size: 17,391 RSUs
Grant price: $0.00 per share
Direct holdings after grant: 96,164 shares
+2 more
5 metrics
RSU grant size
17,391 RSUs
Annual director retainer grant on June 11, 2026
Grant price
$0.00 per share
Stated price for RSU grant
Direct holdings after grant
96,164 shares
Class A Common Stock held directly following transaction
Indirect holdings
55,310,977 shares
Class A Common Stock held indirectly via Greenoaks-related entities
RSU vesting deadline
June 11, 2027
Latest vesting date; earlier if next annual meeting occurs first
Key Terms
restricted stock units ("RSUs"), beneficial ownership, pecuniary interest, Section 16, +1 more
5 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.
beneficial ownership financial
"the Reporting Person may be attributed beneficial ownership of the reported securities, but he disclaims such beneficial ownership"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"he disclaims such beneficial ownership except to the extent of his pecuniary interest"
Section 16 regulatory
"beneficial owner of such securities for purposes of Section 16 or for any other purpose"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
investment adviser financial
"funds and accounts for which Greenoaks LLC ("Greenoaks") serves as the investment adviser"
An investment adviser is a person or firm that professionally manages money and gives recommendations about buying, selling, or holding investments. Like a financial coach or guide, they have a legal duty to act in a client's best financial interest, so their advice, fees and potential conflicts can directly affect returns and risk — making their role important for investors who want informed, accountable help with portfolios.
FAQ
What did Coupang (CPNG) director Neil Mehta report in this Form 4?
Neil Mehta reported receiving an annual director retainer grant of 17,391 restricted stock units (RSUs) of Coupang Class A Common Stock. This is an equity compensation award, not an open-market stock purchase or sale.
When do Neil Mehta’s Coupang (CPNG) RSUs from this grant vest?
The 17,391 RSUs vest on the earlier of (i) the date of Coupang’s next annual stockholder meeting following June 11, 2026 or (ii) June 11, 2027, provided Neil Mehta continues to serve the company through the applicable vesting date.
Are Neil Mehta’s Coupang (CPNG) RSUs an open-market stock purchase?
No. The filing describes the 17,391 RSUs as an annual director retainer grant with a transaction code “A” (grant, award, or other acquisition) and a $0.00 price per share, indicating compensation rather than an open-market purchase.
What types of Coupang (CPNG) securities are reported in Neil Mehta’s Form 4?
The Form 4 reports Class A Common Stock, including 17,391 RSUs that convert into Class A shares upon settlement and large indirect holdings in Class A shares through funds and related entities connected to Greenoaks LLC.