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Coupang (CPNG) director Benjamin Sun receives 706 RSUs for committee role

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Sun Benjamin reported acquisition or exercise transactions in this Form 4 filing.

Coupang, Inc. director Benjamin Sun reported receiving a grant of 706 restricted stock units of Class A common stock for partial year service as the company’s Compensation Committee Chair under its non-employee director compensation policy. Each RSU represents one share upon settlement.

The RSUs vest on the earlier of the next annual stockholder meeting or June 12, 2026, subject to his continued service. After this grant, Sun directly holds 318,870 Class A shares and has additional indirect holdings through Sun Brothers II LLC, LaunchTime LLC, and Sun Brothers LLC. The filing also notes forfeiture of 189 unvested RSUs and a 377-share increase tied to correction of a prior reporting error in which he had no pecuniary interest.

Positive

  • None.

Negative

  • None.
Insider Sun Benjamin
Role Director
Type Security Shares Price Value
Grant/Award Class A Common Stock 706 $0.00 --
holding Class A Common Stock -- -- --
holding Class A Common Stock -- -- --
holding Class A Common Stock -- -- --
Holdings After Transaction: Class A Common Stock — 318,870 shares (Direct); Class A Common Stock — 1,465,253 shares (Indirect, By Sun Brothers II LLC)
Footnotes (1)
  1. Represents the grant of restricted stock units ("RSUs") for partial year service as the Issuer's Compensation Committee Chair in accordance with the Issuer's Non-Employee Director Compensation Policy. 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 the grant date or (ii) June 12, 2026, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date. Reflects forfeitures of 189 unvested RSUs for partial year service on the Issuer's Nominating and Corporate Governance Committee in accordance with the Issuer's Non-Employee Director Compensation Policy. Reflects an increase of 377 shares resulting from an inadvertent reporting error related to the previously reported distribution of shares by Sun Brothers II LLC to a member of Sun Brothers II LLC other than the Reporting Person. The Reporting Person had no pecuniary interest in the distributed shares. Benjamin Sun is a manager of Sun Brothers II LLC and LaunchTime LLC and the sole manager of Ben Sun Family, LLC, a member of Sun Brothers LLC.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Sun Benjamin
(Last)(First)(Middle)
C/O COUPANG, INC.
720 OLIVE WAY, SUITE 600
(Street)
SEATTLE WASHINGTON 98101
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
Coupang, Inc. [ CPNG ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/18/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock03/18/2026A706(1)A$0318,870(2)D
Class A Common Stock1,465,253(3)IBy Sun Brothers II LLC(4)
Class A Common Stock3,941,562IBy LaunchTime LLC(4)
Class A Common Stock503,624IBy Sun Brothers LLC(4)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents the grant of restricted stock units ("RSUs") for partial year service as the Issuer's Compensation Committee Chair in accordance with the Issuer's Non-Employee Director Compensation Policy. 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 the grant date or (ii) June 12, 2026, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date.
2. Reflects forfeitures of 189 unvested RSUs for partial year service on the Issuer's Nominating and Corporate Governance Committee in accordance with the Issuer's Non-Employee Director Compensation Policy.
3. Reflects an increase of 377 shares resulting from an inadvertent reporting error related to the previously reported distribution of shares by Sun Brothers II LLC to a member of Sun Brothers II LLC other than the Reporting Person. The Reporting Person had no pecuniary interest in the distributed shares.
4. Benjamin Sun is a manager of Sun Brothers II LLC and LaunchTime LLC and the sole manager of Ben Sun Family, LLC, a member of Sun Brothers LLC.
Remarks:
/s/ Ruby Alexander, Attorney-in-Fact for Benjamin Sun03/20/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Coupang (CPNG) disclose for Benjamin Sun?

Coupang reported that director Benjamin Sun received a grant of 706 restricted stock units of Class A common stock. The award reflects partial year service as Compensation Committee Chair under the company’s non-employee director compensation policy.

What is the vesting schedule for Benjamin Sun’s new Coupang (CPNG) RSUs?

The 706 RSUs granted to Benjamin Sun vest on the earlier of the next annual stockholder meeting or June 12, 2026. Vesting is conditioned on his continued service to Coupang through the applicable vesting date.

How many Coupang (CPNG) shares does Benjamin Sun hold after this Form 4?

Following the grant, Benjamin Sun directly holds 318,870 Class A shares. The filing also lists indirect holdings through Sun Brothers II LLC, LaunchTime LLC, and Sun Brothers LLC, reflecting additional Class A common stock positions associated with him.

Were there any RSU forfeitures or corrections reported for Coupang (CPNG) director Benjamin Sun?

Yes. The filing notes forfeitures of 189 unvested RSUs related to partial year committee service. It also records an increase of 377 shares correcting a prior distribution error where Sun had no pecuniary interest in the distributed shares.

How are Benjamin Sun’s indirect Coupang (CPNG) holdings structured?

Indirect holdings are reported through entities including Sun Brothers II LLC, LaunchTime LLC, and Sun Brothers LLC. The filing explains that Sun serves as a manager of these entities or related managers, linking them to his reported ownership.