Child Jason 4
Research Summary
AI-generated summary
Coupang (CPNG) Lead Independent Director Jason Child Receives RSU Award
What Happened
Jason Child, Coupang's Lead Independent Director and member of its Nominating & Corporate Governance Committee, was granted 1,147 restricted stock units (RSUs) on 2026-03-18. The award shows an acquisition price of $0.00 (typical for RSU grants); each RSU is a contingent right to receive one share of Class A common stock upon settlement.
Key Details
- Transaction date: 2026-03-18 (Form 4 filed 2026-03-20). Filing appears timely.
- Transaction type/code: Grant/Award (A).
- Shares granted: 1,147 RSUs; acquisition price reported $0.00.
- Vesting: RSUs vest on the earlier of the next annual stockholders’ meeting following the grant or June 12, 2026, subject to continued service.
- Footnote: Grant made under Coupang’s Non‑Employee Director Compensation Policy for partial‑year service.
- Shares owned after transaction: Not specified in the provided filing.
Context
RSUs are compensation, not an open‑market purchase or sale; they don’t necessarily signal a buy/sell decision by the insider. The award will convert to actual shares only upon settlement and successful vesting (subject to continued board service).