Coupang Officer Jonathan Lee Files Form 144 to Sell 5,519 Shares Under 10b5-1 Plan

Executive Summary

On October 2, 2026, Jonathan Lee, an Officer of Coupang, Inc. (NYSE: CPNG), filed a Form 144 notice disclosing the intent to sell 5,519 shares of Class A Common Stock through J.P. Morgan Securities LLC. The estimated market value of the proposed transaction is $75,338.82, representing an average price of approximately $13.65 per share.

Transaction Details

• Security: Class A Common Stock
• Shares to be Sold: 5,519 shares
• Aggregate Market Value: $75,338.82
• Shares Outstanding: 1,639,708,712 shares
• Origin of Shares: The shares originated from the vesting of Restricted Stock Units (RSUs) on October 1, 2026, where a total of 18,399 shares were acquired as equity compensation.
• Trading Plan: The planned sale is executed under a pre-established Rule 10b5-1 trading plan adopted on May 8, 2026.

Prior Transactions (Past 3 Months)

• On August 10, 2026, Jonathan Lee sold 5,519 shares of Class A Common Stock for gross proceeds of $88,866.88.

Market & Trading Significance

The filing represents a Low trading significance. The transaction value ($75k) and volume (5,519 shares) represent an immaterial fraction of Coupang's outstanding Class A common stock (>1.6 billion shares). Furthermore, the transaction is executed under a standard Rule 10b5-1 plan following an RSU vesting event, consistent with routine equity compensation management rather than discretionary market timing.