MEHTA NEIL 4
4 · Coupang, Inc. · Filed Mar 13, 2026
Research Summary
AI-generated summary of this filing
Coupang (CPNG) Director Neil Mehta Buys $136.6M in Stock
What Happened
Neil Mehta, a director of Coupang, reported three open-market purchases totaling 7,350,104 Class A shares between March 11–13, 2026, for aggregate consideration of roughly $136,562,970. Transactions reported: 2,017,241 shares at a weighted avg $18.64 ($37.6M) on 2026-03-11; 3,000,000 shares at a weighted avg $18.68 ($56.0M) on 2026-03-12; and 2,332,863 shares at a weighted avg $18.40 (~$42.9M) on 2026-03-13. These were purchases (open-market acquisitions), which investors typically view as a direct buy rather than a sale.
Key Details
- Transaction dates and reported weighted-average prices:
- 2026-03-11: 2,017,241 shares @ $18.64 (weighted avg; actual trades ranged $18.4850–$19.0100) — F1
- 2026-03-12: 3,000,000 shares @ $18.68 (weighted avg; range $18.5000–$18.9000) — F3
- 2026-03-13: 2,332,863 shares @ $18.40 (weighted avg; range $18.2177–$18.7400) — F4
- Total purchased: 7,350,104 shares for ~$136.56 million.
- Shares owned following the transactions: not specified in the filing excerpt provided.
- Filing date: 2026-03-13. Based on the trade and filing dates, the Form 4 appears to have been filed within the typical Section 16 reporting window.
- Footnotes of note:
- F2: Shares are held by funds/accounts advised by Greenoaks Capital Partners LLC; Mehta is a Managing Partner and may be attributed beneficial ownership but disclaims beneficial ownership except to the extent of any pecuniary interest.
- F1–F4: Reported prices are weighted averages; ranges of actual trade prices are disclosed and the reporter will provide per-trade price breakdowns on request.
- F5: Mentions unvested RSUs held for board service (adjusted for 1,318 forfeited RSUs).
Context
- These were outright open-market purchases (transaction code P) — not option exercises or awards — so no immediate sale/cashless exercise mechanics apply.
- Because many of the shares are held by funds/accounts managed by Greenoaks, the filing attributes holdings consistent with adviser-related reporting rules; the filing includes a disclaimer that Mehta may be attributed ownership only to the extent of any pecuniary interest.
- Purchases by insiders can be of interest to retail investors as one signal among many; this filing is factual and does not indicate the insider’s motives.
Insider Transaction Report
Form 4
Coupang, Inc.CPNG
MEHTA NEIL
Director
Transactions
- Purchase
Class A Common Shares
[F1][F2]2026-03-11$18.64/sh+2,017,241$37,603,591→ 49,978,114 total(indirect: See Footnotes) - Purchase
Class A Common Shares
[F3][F2]2026-03-12$18.68/sh+3,000,000$56,036,100→ 52,978,114 total(indirect: See Footnotes) - Purchase
Class A Common Shares
[F4][F2]2026-03-13$18.40/sh+2,332,863$42,923,279→ 55,310,977 total(indirect: See Footnotes)
Holdings
- 78,773
Class A Common Shares
[F5]
Footnotes (5)
- [F1]The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $18.4850 to $19.0100. The Reporting Person undertakes to provide to the Issuer, any security holders of the Issuer, or the staff of the Securities and Exchange Commission ("SEC"), upon request, full information regarding the number of shares purchased at each price within this range.
- [F2]The securities reported herein are held by certain funds and accounts for which Greenoaks Capital Partners 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. This Statement does not reflect securities held by certain funds and accounts managed by persons associated with Greenoaks because the Reporting Person is no longer attributed beneficial ownership of such securities.
- [F3]The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $18.5000 to $18.9000. The Reporting Person undertakes to provide to the Issuer, any security holders of the Issuer, or the SEC staff, upon request, full information regarding the number of shares purchased at each price within this range.
- [F4]The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $18.2177 to $18.7400. The Reporting Person undertakes to provide to the Issuer, any security holders of the Issuer, or the SEC staff, upon request, full information regarding the number of shares purchased at each price within this range.
- [F5]Includes unvested restricted stock units ("RSUs") held by the Reporting Person for his service on the board of the Issuer. Such amount has been adjusted for 1,318 RSUs that were forfeited at the end of the Reporting Person's service on certain board committees.
Signature
/s/ Neil Mehta|2026-03-13