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Coupang | 4: Statement of changes in beneficial ownership of securities-Director MEHTA NEIL

SEC announcement ·  Jun 18 07:10
Summary by Futu AI
Neil Mehta, associated with Coupang, Inc. [CPNG], was granted 16,244 shares of Class A Common Stock on June 13, 2024. The transaction was completed at no cost to the recipient, as is typical for stock grants. Following this transaction, Mehta's direct holdings in the company increased to a total of 67,640 shares. Additionally, records indicate an indirect ownership of 48,924,924 shares, the nature of which is detailed in footnotes not disclosed in this summary. The grant represents a significant addition to Mehta's stake in the company, reflecting a potential incentive or reward aligned with the company's performance or Mehta's contributions.
Neil Mehta, associated with Coupang, Inc. [CPNG], was granted 16,244 shares of Class A Common Stock on June 13, 2024. The transaction was completed at no cost to the recipient, as is typical for stock grants. Following this transaction, Mehta's direct holdings in the company increased to a total of 67,640 shares. Additionally, records indicate an indirect ownership of 48,924,924 shares, the nature of which is detailed in footnotes not disclosed in this summary. The grant represents a significant addition to Mehta's stake in the company, reflecting a potential incentive or reward aligned with the company's performance or Mehta's contributions.
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