Anand Gaurav 4
Research Summary
AI-generated summary
Coupang CFO Anand Gaurav Receives RSU Award of 260,402 Units
What Happened
- Anand Gaurav, Chief Financial Officer of Coupang, was granted 260,402 restricted stock units (RSUs) on 2026-04-01. The grant is reported at $0.00 per unit (typical for RSU awards) and thus shows $0 cash paid on grant. RSUs are a contingent right to receive one share of Coupang Class A common stock upon settlement and are an award rather than an open-market purchase or sale.
Key Details
- Transaction date and type: 2026-04-01 — Award/Grant (Form 4 code A). Report filed 2026-04-03 (timely).
- Quantity and reported price: 260,402 RSUs @ $0.00 (total $0 on grant).
- Vesting schedule (footnote): 75,142 units vest July 1, 2026; 75,142 on Oct 1, 2026; 55,059 on Jan 1, 2027; 55,059 on Apr 1, 2027.
- Record ownership note (footnote): Shares are held of record by the Gaurav Anand 2021 Trust, where the reporting person’s spouse is trustee.
- Shares owned after transaction: Not specified in the filed Form 4.
Context
- RSU grants are compensation awards that convert to actual shares only when they vest and are settled; they are not immediate cash purchases or sales and do not by themselves indicate buying or selling sentiment.
- No sale or exercise occurred in this filing — this is an equity compensation grant subject to future vesting.