Franceschi Pedro 4

What Happened

• Pedro Franceschi, a director of Coupang, was granted 17,971 restricted stock units (RSUs) on June 11, 2026. The grant price is reported as $0.00 (award), so no cash was paid; the reported acquisition value is $0. This is an equity award (director retainer), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-06-11; filing date: 2026-06-12 (timely).
• Transaction type/code: Award/Grant (A) — 17,971 RSUs @ $0.00 (acquired).
• Reported cash value: $0 (award); RSUs represent contingent rights to Class A shares upon settlement.
• Shares owned after transaction: not disclosed in this filing.
• Footnote (F1): These are annual director retainer RSUs. Each RSU converts to one share upon settlement and vests on the earlier of (i) the date of the next annual meeting following June 11, 2026, or (ii) June 11, 2027, subject to continued service.

Context

• RSUs are a common form of director compensation; they do not become actual shares until they vest and are settled. This award does not represent a market purchase or sale and should be viewed as routine compensation unless further trading or vesting activity is reported.