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Coupang | 4: Statement of changes in beneficial ownership of securities-Director Sun Benjamin

SEC announcement ·  Jun 18 08:35
Summary by Futu AI
Benjamin Sun, associated with Coupang, Inc. [CPNG], engaged in multiple stock transactions between June 13, 2024, and June 17, 2024. On June 13, Sun acquired 15,207 shares of Class A Common Stock at no cost, which was reported as a grant or award. Following this acquisition, Sun held a total of 337,375 shares. Subsequently, on June 17, Sun disposed of 30,000 shares as a bona fide gift, leaving him with 307,375 shares. On the same day, through Sun Brothers LLC, Sun sold 700,000 shares of Class A Common Stock in the open market at a price of $20.63 per share, totaling approximately $14.44 million in transaction value. After this sale, the indirect holdings through Sun Brothers LLC amounted to 2,169,421 shares. Both the gift and sale transactions are currently in progress.
Benjamin Sun, associated with Coupang, Inc. [CPNG], engaged in multiple stock transactions between June 13, 2024, and June 17, 2024. On June 13, Sun acquired 15,207 shares of Class A Common Stock at no cost, which was reported as a grant or award. Following this acquisition, Sun held a total of 337,375 shares. Subsequently, on June 17, Sun disposed of 30,000 shares as a bona fide gift, leaving him with 307,375 shares. On the same day, through Sun Brothers LLC, Sun sold 700,000 shares of Class A Common Stock in the open market at a price of $20.63 per share, totaling approximately $14.44 million in transaction value. After this sale, the indirect holdings through Sun Brothers LLC amounted to 2,169,421 shares. Both the gift and sale transactions are currently in progress.

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