Key facts
- This page summarizes Bom Kim's Form 4 filing for Coupang, Inc. (CPNG).
- 4 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 13 Nov 2024, 18:16.
Bom Kim - 11 Nov 2024 Form 4 Insider Report for Coupang, Inc. (CPNG)
- Reporting relationship
- CEO and Chairman, Director, 10%+ Owner
- Issuer ticker
- CPNG
- Reported as of
- 11 Nov 2024
- Net transaction value
- -$344,550,000
- Reporting owner signature
- /s/ Hae Cheong Chang, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
3 source fields
Reporting owner
1 detail
Key filing fact
Bom Kim filed Form 4 for Coupang, Inc. (CPNG) on 13 Nov 2024.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: -$344,550,000.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
CPNG
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- +17,000,000
- Change %
- Price
- $0.000000
- Shares after
- 17,000,000
- Date
- 11 Nov 2024
- Ownership
- Direct
- Footnotes
- F2
CPNG
transaction
Class A Common Stock
Sale
- Transaction value
- $344,550,000
- Shares
- -15,000,000
- Change %
- -88%
- Price
- $22.97
- Shares after
- 2,000,000
- Date
- 11 Nov 2024
- Ownership
- Direct
- Footnotes
- F3
CPNG
transaction
Class A Common Stock
Gift
- Transaction value
- $0
- Shares
- -2,000,000
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 11 Nov 2024
- Ownership
- Direct
- Footnotes
- F4
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
CPNG
transaction
Derivative
Class B Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- -17,000,000
- Change %
- -9.7%
- Price
- $0.000000
- Shares after
- 157,802,990
- Date
- 11 Nov 2024
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 17,000,000
- Exercise price
- Footnotes
- F1
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Rule 10b5-1 trading plan
These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.
Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).
Explanation of responses 4 footnotes
Footnote F1
Each share of Class B Common Stock was converted into one share of Class A Common Stock at the option of the Reporting Person as the Issuer's Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock upon the option of the holder and has no expiration date. Transaction exempt from Section 16(b) of the Securities Exchange Act of 1934 (the "Act") pursuant to Rule 16b-6(b) promulgated under the Act.
Footnote F2
Each of these shares of Class A Common Stock was converted from Class B Common Stock at the option of the Reporting Person as the Issuer's Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock upon the option of the holder and has no expiration date. Transaction exempt from Section 16(b) of the Act pursuant to Rule 16b-6(b) promulgated under the Act.
Footnote F3
This sale was a block sale facilitated by a large financial institution and was affected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 12, 2024, which was entered into to satisfy significant financial requirements, including tax obligations.
Footnote F4
Represents shares of the Issuer's Class A Common Stock that the Reporting Person donated as a bona fide gift with no payment in consideration to a fund for charitable donations. Following the donation, the Reporting Person will not have a pecuniary interest in the gifted shares of Class A Common Stock. Transaction exempt from Section 16(b) of the Act pursuant to Rule 16b-5 promulgated under the Act.
SEC remarks
Exhibit 24 - Power of Attorney