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CPNG Insider Trading

Insider Ownership Percentage: 12.78%
Insider Buying (Last 12 Months): $37,544,000.00
Insider Selling (Last 12 Months): $1,105,278,217.85

Coupang Insider Trading History Chart

This chart shows the insider buying and selling history at Coupang by year and by quarter.

Skip ChartChart Data in Insider Trading History Table

Coupang Share Price & Price History

Current Price: $17.72
Price Change: ▲ Price Increase of +0.93 (5.54%)
As of 02/6/2026 04:59 PM ET

This chart shows the closing price history over time for CPNG up to the past year.

Skip Chart and Table DataPrice Data in Insider Trading History Table
Days: 30 | 90 | 365

Coupang Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
1/2/2026Jonathan D LeeCAOSell2,679$23.62$63,277.98122,096View SEC Filing Icon  
11/3/2025Pranam KolariVPSell11,653$31.98$372,662.94147,023View SEC Filing Icon  
9/11/2025Harold RogersInsiderSell64,755$32.06$2,076,045.30449,569View SEC Filing Icon  
9/11/2025Pedro FranceschiDirectorSell21,428$32.05$686,767.40View SEC Filing Icon  
9/9/2025Benjamin SunDirectorSell815,797$31.88$26,007,608.36503,624View SEC Filing Icon  
8/11/2025Gaurav AnandCFOSell75,350$27.79$2,093,976.502,016,940View SEC Filing Icon  
8/4/2025Pranam KolariVPSell11,653$29.14$339,568.42158,676View SEC Filing Icon  
6/13/2025Svf Investments (Uk) LtdMajor ShareholderSell10,000,000$28.25$282,500,000.00309,542,259View SEC Filing Icon  
5/29/2025Gaurav AnandCFOSell175,000$28.11$4,919,250.002,092,290View SEC Filing Icon  
5/28/2025Benjamin SunDirectorSell200,000$28.36$5,672,000.001,319,421View SEC Filing Icon  
5/15/2025Greenoaks Capital Partners LlcDirectorBuy650,000$26.86$17,459,000.0055,131,161View SEC Filing Icon  
5/14/2025Greenoaks Capital Partners LlcDirectorBuy750,000$26.78$20,085,000.0054,481,161View SEC Filing Icon  
5/12/2025Gaurav AnandCFOSell75,350$26.10$1,966,635.002,267,290View SEC Filing Icon  
5/8/2025Svf Investments (Uk) LtdMajor ShareholderSell30,000,000$25.75$772,500,000.00319,542,259View SEC Filing Icon  
5/2/2025Pranam KolariVPSell9,347$23.85$222,925.95177,106View SEC Filing Icon  
3/17/2025Benjamin SunDirectorSell250,000$23.43$5,857,500.001,719,421View SEC Filing Icon  
2/3/2025Pranam KolariVPSell8,459$22.98$194,387.82136,806View SEC Filing Icon  
1/2/2025Pranam KolariVPSell775$22.10$17,127.50145,265View SEC Filing Icon  
11/11/2024Bom KimCEOSell15,000,000$22.97$344,550,000.002,000,000View SEC Filing Icon  
11/11/2024Greenoaks Capital Partners LlcDirectorBuy687,700$24.08$16,559,816.0052,726,423View SEC Filing Icon  
11/8/2024Greenoaks Capital Partners LlcDirectorBuy750,000$24.01$18,007,500.0052,038,723View SEC Filing Icon  
10/2/2024Pranam KolariInsiderSell956$24.23$23,163.88163,165View SEC Filing Icon  
8/21/2024Greenoaks Capital Partners LlcDirectorBuy100,000$22.95$2,295,000.0050,476,224View SEC Filing Icon  
8/19/2024Benjamin SunDirectorSell200,000$23.36$4,672,000.001,969,421View SEC Filing Icon  
8/15/2024Greenoaks Capital Partners LlcDirectorBuy100,000$22.39$2,239,000.0050,376,224View SEC Filing Icon  
8/13/2024Gaurav AnandCFOSell200,000$22.75$4,550,000.001,937,500View SEC Filing Icon  
8/13/2024Greenoaks Capital Partners LlcDirectorBuy251,300$22.58$5,674,354.0050,126,224View SEC Filing Icon  
8/9/2024Greenoaks Capital Partners LlcDirectorBuy150,000$22.64$3,396,000.0049,874,924View SEC Filing Icon  
8/2/2024Pranam KolariInsiderSell10,432$19.90$207,596.80170,356View SEC Filing Icon  
6/17/2024Benjamin SunDirectorSell700,000$20.63$14,441,000.002,169,421View SEC Filing Icon  
5/30/2024Hanseung KangDirectorSell40,000$23.00$920,000.00544,478View SEC Filing Icon  
5/20/2024Pranam KolariInsiderSell6,490$22.93$148,815.70181,461View SEC Filing Icon  
5/13/2024Greenoaks Capital Partners LlcDirectorBuy500,000$22.06$11,030,000.0048,626,374View SEC Filing Icon  
5/10/2024Greenoaks Capital Partners LlcDirectorBuy120,239$22.53$2,708,984.6748,126,374View SEC Filing Icon  
5/9/2024Jonathan D LeeCAOSell5,000$21.45$107,250.00120,835View SEC Filing Icon  
5/2/2024Pranam KolariInsiderSell2,048$22.34$45,752.32187,951View SEC Filing Icon  
3/18/2024Harold RogersInsiderSell139,080$18.25$2,538,210.00394,192View SEC Filing Icon  
3/14/2024Neil MehtaDirectorSell1,600,000$18.68$29,888,000.0048,006,135View SEC Filing Icon  
3/12/2024Svf Investments (Uk) LtdMajor ShareholderSell31,614,154$19.01$600,985,067.54364,542,259View SEC Filing Icon  
2/2/2024Pranam KolariInsiderSell2,356$13.88$32,701.28182,844View SEC Filing Icon  
1/2/2024Tae JungInsiderSell5,350$16.00$85,600.00248,240View SEC Filing Icon  
12/4/2023Tae JungInsiderSell940$15.50$14,570.00253,590View SEC Filing Icon  
11/29/2023Svf Investments (Uk) LtdMajor ShareholderSell30,000,000$15.39$461,700,000.00396,156,413View SEC Filing Icon  
10/2/2023Tae JungInsiderSell4,673$16.95$79,207.35254,530View SEC Filing Icon  
9/5/2023Tae JungInsiderSell939$18.99$17,831.61259,203View SEC Filing Icon  
7/3/2023Tae JungInsiderSell4,671$17.56$82,022.76260,142View SEC Filing Icon  
6/12/2023Benjamin SunDirectorSell150,000$16.04$2,406,000.00303,312View SEC Filing Icon  
6/2/2023Tae JungInsiderSell940$16.47$15,481.80264,813View SEC Filing Icon  
5/23/2023Greenoaks Capital Partners LlcDirectorSell2,000,000$15.61$31,220,000.0068,651,928View SEC Filing Icon  
5/19/2023Pedro FranceschiDirectorSell7,143$15.99$114,216.5721,428View SEC Filing Icon  
5/15/2023Hanseung KangDirectorSell174,324$16.00$2,789,184.00475,743View SEC Filing Icon  
See Full Table

SEC Filings (Institutional Ownership Changes) for Coupang (NYSE:CPNG)

83.72% of Coupang stock is owned by institutions. Institutional ownership can be a sign of analyst confidence in the fundamentals of the stock.

Institutional Buying and Selling by Quarter

This chart shows the instiutional buying and selling at CPNG by year and by quarter.

Skip Institutional Buying and Selling Chart and Table DataRead Chart Data in Institutional Trading History Table

Coupang Institutional Trading History

Reporting DateHedge FundShares HeldMarket Value% of PortfolioQuarterly Change in SharesOwnership in CompanyDetails
2/6/2026Global Retirement Partners LLC2,677$63K0.0%+38.0%0.000%Search for SEC Filing on Google Icon
2/6/2026Leonteq Securities AG10,918$0.26M0.0%N/A0.001%Search for SEC Filing on Google Icon
2/6/2026ABN Amro Investment Solutions33,153$0.78M0.0%-72.8%0.002%Search for SEC Filing on Google Icon
2/6/2026Rathbones Group PLC45,932$1.08M0.0%N/A0.003%Search for SEC Filing on Google Icon
2/6/2026IFP Advisors Inc7,708$0.18M0.0%-35.0%0.000%Search for SEC Filing on Google Icon
2/6/2026Investment House LLC331,422$7.82M0.4%-1.1%0.018%Search for SEC Filing on Google Icon
2/6/2026PNC Financial Services Group Inc.237,661$5.61M0.0%+0.7%0.013%Search for SEC Filing on Google Icon
2/6/2026Handelsbanken Fonder AB655,352$15.46M0.0%-10.6%0.036%Search for SEC Filing on Google Icon
2/6/2026Csenge Advisory Group20,980$0.50M0.0%+36.9%0.001%Search for SEC Filing on Google Icon
2/6/2026HighTower Advisors LLC289,719$6.83M0.0%-9.3%0.016%Search for SEC Filing on Google Icon
2/5/2026Sapient Capital LLC128,225$3.09M0.0%-0.9%0.007%Search for SEC Filing on Google Icon
2/5/2026North Dakota State Investment Board74,981$1.77M0.1%N/A0.004%Search for SEC Filing on Google Icon
2/5/2026Canada Post Corp Registered Pension Plan52,711$1.24M0.0%-22.0%0.003%Search for SEC Filing on Google Icon
2/5/2026E Fund Management Hong Kong Co. Ltd.10,564$0.25M0.1%N/A0.001%Search for SEC Filing on Google Icon
2/4/2026Ashoka WhiteOak Capital Pte Ltd314,383$7.59M2.9%+404.1%0.017%Search for SEC Filing on Google Icon
2/4/2026ABC Arbitrage SA14,446$0.34M0.0%N/A0.001%Search for SEC Filing on Google Icon
2/4/2026Hosking Partners LLP815,060$19.23M0.7%-2.2%0.045%Search for SEC Filing on Google Icon
2/3/2026NewEdge Wealth LLC16,077$0.38M0.0%+5.7%0.001%Search for SEC Filing on Google Icon
2/3/2026Makena Capital Management LLC691,386$16.31M2.0%+16.8%0.038%Search for SEC Filing on Google Icon
2/3/2026Chesapeake Capital Corp IL12,112$0.29M0.2%-25.0%0.001%Search for SEC Filing on Google Icon
2/3/2026Crossmark Global Holdings Inc.8,933$0.21M0.0%+23.2%0.000%Search for SEC Filing on Google Icon
2/3/2026Ethic Inc.126,154$2.98M0.0%+383.2%0.007%Search for SEC Filing on Google Icon
2/3/2026Connable Office Inc.40,649$0.96M0.1%-3.6%0.002%Search for SEC Filing on Google Icon
2/3/2026Belfer Management LLC52,057$1.23M21.5%-7.2%0.003%Search for SEC Filing on Google Icon
2/3/2026Maxi Investments CY Ltd34,776$0.82M0.1%N/A0.002%Search for SEC Filing on Google Icon
2/3/2026Sequoia Financial Advisors LLC59,898$1.41M0.0%-8.6%0.003%Search for SEC Filing on Google Icon
2/3/2026Indivisible Partners16,253$0.38M0.0%N/A0.001%Search for SEC Filing on Google Icon
2/3/2026Equitable Trust Co.117,753$2.78M0.1%-0.5%0.006%Search for SEC Filing on Google Icon
2/3/2026BOKF NA11,915$0.28M0.0%-32.2%0.001%Search for SEC Filing on Google Icon
2/2/2026Truist Financial Corp68,085$1.61M0.0%-7.6%0.004%Search for SEC Filing on Google Icon
2/2/2026Strs Ohio300,255$7.08M0.0%-13.1%0.016%Search for SEC Filing on Google Icon
1/30/2026Jennison Associates LLC654,362$15.44M0.0%-3.4%0.036%Search for SEC Filing on Google Icon
1/30/2026Pekin Hardy Strauss Inc.23,900$0.56M0.1%+4.4%0.001%Search for SEC Filing on Google Icon
1/30/2026Keybank National Association OH24,728$0.58M0.0%+9.7%0.001%Search for SEC Filing on Google Icon
1/30/2026Flossbach Von Storch SE175,000$4.13M0.0%-7.9%0.010%Search for SEC Filing on Google Icon
1/30/2026Mitsubishi UFJ Trust & Banking Corp1,434,989$33.85M0.1%-13.8%0.079%Search for SEC Filing on Google Icon
1/30/2026R Squared Ltd12,633$0.30M0.1%-38.2%0.001%Search for SEC Filing on Google Icon
1/30/2026M&T Bank Corp318,971$7.53M0.0%+22.7%0.017%Search for SEC Filing on Google Icon
1/29/2026Comerica Bank18,814$0.44M0.0%-4.0%0.001%Search for SEC Filing on Google Icon
1/29/2026D.A. Davidson & CO.64,706$1.53M0.0%-57.5%0.004%Search for SEC Filing on Google Icon
1/29/2026Deltec Asset Management LLC18,000$0.43M0.1%+20.0%0.001%Search for SEC Filing on Google Icon
1/29/2026Vanguard Group Inc.29,547,637$697.03M0.0%+3.3%1.618%Search for SEC Filing on Google Icon
1/29/2026Coronation Fund Managers Ltd.5,936,214$140.04M6.3%+19.3%0.325%Search for SEC Filing on Google Icon
1/29/2026Klingman & Associates LLC47,926$1.13M0.1%-2.2%0.003%Search for SEC Filing on Google Icon
1/29/2026Resonant Capital Advisors LLC12,169$0.29M0.0%-7.0%0.001%Search for SEC Filing on Google Icon
1/29/2026Concurrent Investment Advisors LLC17,054$0.40M0.0%+80.5%0.001%Search for SEC Filing on Google Icon
1/29/2026Matthews International Capital Management LLC369,975$8.73M2.6%-20.2%0.020%Search for SEC Filing on Google Icon
1/29/2026Rakuten Securities Inc.4,094$97K0.0%+701.2%0.000%Search for SEC Filing on Google Icon
1/28/2026M&T Bank Corp246,545$5.82M0.0%-5.2%0.013%Search for SEC Filing on Google Icon
1/28/2026Davidson Kahn Capital Management LLC132,349$3.12M1.6%+24.2%0.007%Search for SEC Filing on Google Icon
1/28/2026Universal Beteiligungs und Servicegesellschaft mbH1,127,855$26.62M0.0%+43.4%0.062%Search for SEC Filing on Google Icon
1/27/2026Steele Capital Management Inc.11,100$0.26M0.0%N/A0.001%Search for SEC Filing on Google Icon
1/27/2026Bayforest Capital Ltd4,721$0.11M0.1%-24.8%0.000%Search for SEC Filing on Google Icon
1/27/2026Institute for Wealth Management LLC.23,749$0.56M0.1%+191.1%0.001%Search for SEC Filing on Google Icon
1/27/2026Ninety One UK Ltd6,167$0.15M0.0%-99.8%0.000%Search for SEC Filing on Google Icon
1/26/2026Merit Financial Group LLC14,870$0.35M0.0%-6.3%0.001%Search for SEC Filing on Google Icon
1/26/2026Shelton Wealth Management LLC10,557$0.25M0.1%+14.2%0.001%Search for SEC Filing on Google Icon
1/26/2026Mirae Asset Global Investments Co. Ltd.15,238$0.36M0.0%-43.8%0.001%Search for SEC Filing on Google Icon
1/26/2026PDS Planning Inc9,300$0.22M0.0%+21.8%0.001%Search for SEC Filing on Google Icon
1/26/2026United Advisor Group LLC16,720$0.39M0.0%+4.7%0.001%Search for SEC Filing on Google Icon
1/26/2026CWM LLC114,307$2.70M0.0%-25.6%0.006%Search for SEC Filing on Google Icon
1/23/2026Farther Finance Advisors LLC32,105$0.76M0.0%+72.2%0.002%Search for SEC Filing on Google Icon
1/23/2026Freestone Capital Holdings LLC56,182$1.33M0.0%-5.2%0.003%Search for SEC Filing on Google Icon
1/23/2026Assetmark Inc.7,150$0.17M0.0%+9.5%0.000%Search for SEC Filing on Google Icon
1/23/2026Baillie Gifford & Co.146,122,094$3.45B2.9%-2.8%7.999%Search for SEC Filing on Google Icon
1/23/2026Sumitomo Mitsui Trust Group Inc.406,921$9.60M0.0%+2.5%0.022%Search for SEC Filing on Google Icon
1/23/2026Altfest L J & Co. Inc.21,690$0.51M0.1%-17.3%0.001%Search for SEC Filing on Google Icon
1/23/2026NBT Bank N A NY32,050$0.76M0.1%+272.5%0.002%Search for SEC Filing on Google Icon
1/22/2026Massachusetts Financial Services Co. MA12,132,629$286.21M0.1%+8.2%0.664%Search for SEC Filing on Google Icon
1/21/2026Ledyard National Bank17,082$0.40M0.0%-5.8%0.001%Search for SEC Filing on Google Icon
1/21/2026Oak Thistle LLC61,030$1.44M0.2%-34.1%0.003%Search for SEC Filing on Google Icon
1/21/2026Yousif Capital Management LLC17,491$0.41M0.0%+5.1%0.001%Search for SEC Filing on Google Icon
1/21/2026AMS Capital Ltda706,616$16.67M6.4%+177.9%0.039%Search for SEC Filing on Google Icon
1/21/2026Azzad Asset Management Inc. ADV55,567$1.31M0.1%+63.1%0.003%Search for SEC Filing on Google Icon
1/21/2026Stock Yards Bank & Trust Co.9,258$0.22M0.0%N/A0.001%Search for SEC Filing on Google Icon
1/21/2026Flagship Harbor Advisors LLC2,550$60K0.0%N/A0.000%Search for SEC Filing on Google Icon
1/21/2026Rathbones Group PLC45,932$1.08M0.0%N/A0.003%Search for SEC Filing on Google Icon
1/20/2026Cohen Capital Management Inc.255,382$6.02M0.9%-1.0%0.014%Search for SEC Filing on Google Icon
1/20/2026Stratos Wealth Advisors LLC70,086$1.65M0.1%-6.3%0.004%Search for SEC Filing on Google Icon
1/20/2026Rubicon Global Capital Ltd862,390$20.34M5.4%-3.5%0.047%Search for SEC Filing on Google Icon
1/16/2026Aberdeen Group plc214,502$5.06M0.0%-1.6%0.012%Search for SEC Filing on Google Icon
1/16/2026Blue Trust Inc.3,798$90K0.0%-30.6%0.000%Search for SEC Filing on Google Icon
1/16/2026Empirical Financial Services LLC d.b.a. Empirical Wealth Management211,285$4.98M0.1%-3.1%0.012%Search for SEC Filing on Google Icon
1/15/2026Frank Rimerman Advisors LLC42,016$0.99M0.1%+28.5%0.002%Search for SEC Filing on Google Icon
1/15/2026Polianta Ltd65,700$1.55M0.2%N/A0.004%Search for SEC Filing on Google Icon
1/14/2026Hennion & Walsh Asset Management Inc.73,555$1.74M0.1%-0.8%0.004%Search for SEC Filing on Google Icon
1/14/2026Exchange Traded Concepts LLC572,629$13.51M0.1%+4.5%0.031%Search for SEC Filing on Google Icon
1/14/2026Pallas Capital Advisors LLC11,455$0.27M0.0%-23.3%0.001%Search for SEC Filing on Google Icon
1/13/2026Granite Group Advisors LLC9,996$0.24M0.1%-5.7%0.001%Search for SEC Filing on Google Icon
1/13/2026Parsons Capital Management Inc. RI147,372$3.48M0.2%-0.5%0.008%Search for SEC Filing on Google Icon
1/12/2026Avanza Fonder AB119,774$2.83M0.1%-2.2%0.007%Search for SEC Filing on Google Icon
1/12/2026Salem Investment Counselors Inc.61,240$1.45M0.0%-31.0%0.003%Search for SEC Filing on Google Icon
1/9/2026SG Americas Securities LLC988,722$23.32M0.0%+10,004.5%0.054%Search for SEC Filing on Google Icon
1/9/2026Assenagon Asset Management S.A.1,145,641$27.03M0.0%-47.2%0.063%Search for SEC Filing on Google Icon
1/9/2026180 Wealth Advisors LLC29,478$0.70M0.1%+5.1%0.002%Search for SEC Filing on Google Icon
1/9/2026Inspirion Wealth Advisors LLC134,314$3.17M0.4%-1.2%0.007%Search for SEC Filing on Google Icon
1/8/2026Wealth Enhancement Advisory Services LLC254,159$5.98M0.0%+44.5%0.014%Search for SEC Filing on Google Icon
1/7/2026Harbour Capital Advisors LLC26,250$0.61M0.1%-4.7%0.001%Search for SEC Filing on Google Icon
1/7/2026Sagespring Wealth Partners LLC8,915$0.21M0.0%-15.9%0.000%Search for SEC Filing on Google Icon
1/6/2026Leibman Financial Services Inc.72,833$1.72M1.2%+104.8%0.004%Search for SEC Filing on Google Icon
Data available starting January 2016

See Full Table
Coupang logo
Coupang, Inc., together with its subsidiaries owns and operates retail business through its mobile applications and Internet websites primarily in South Korea. The company operates through Product Commerce and Developing Offerings segments. It sells various products and services in the categories of home goods and décor products, apparel, beauty products, fresh food and groceries, sporting goods, electronics, and everyday consumables, as well as travel, and restaurant order and delivery services. In addition, the company offers Rocket Fresh, which offers fresh groceries; Coupang Eats, a restaurant ordering and delivery services; and Coupang Play, an online content streaming services, as well as advertising products. It also performs operations and support services in the United States, South Korea, Taiwan, Singapore, China, Japan, and India. Coupang, Inc. was incorporated in 2010 and is headquartered in Seattle, Washington.
Read More on Coupang

Today's Range

Now: $17.72
Low: $16.94
High: $17.75

50 Day Range

MA: $22.88
Low: $16.82
High: $28.22

52 Week Range

Now: $17.72
Low: $16.74
High: $34.08

Volume

43,761,570 shs

Average Volume

25,593,295 shs

Market Capitalization

$32.37 billion

P/E Ratio

84.38

Dividend Yield

N/A

Beta

1.19

Who are the company insiders with the largest holdings of Coupang?

Coupang's top insider shareholders include:
  1. Svf Investments (Uk) Ltd (Major Shareholder)
  2. Greenoaks Capital Partners Llc (Director)
  3. Neil Mehta (Director)
  4. Gaurav Anand (CFO)
  5. Benjamin Sun (Director)
  6. Bom Kim (CEO)
  7. Hanseung Kang (Director)
  8. Harold Rogers (Insider)
  9. Pranam Kolari (Insider)
  10. Pranam Kolari (VP)
  11. Jonathan D Lee (CAO)
  12. Pedro Franceschi (Director)
Learn More about top insider investors at Coupang.

Who are the major institutional investors of Coupang?

Coupang's top institutional investors include:
  1. Baillie Gifford & Co. — 8.00%
  2. Vanguard Group Inc. — 1.62%
  3. Massachusetts Financial Services Co. MA — 0.66%
  4. Coronation Fund Managers Ltd. — 0.32%
  5. Mitsubishi UFJ Trust & Banking Corp — 0.08%
  6. Assenagon Asset Management S.A. — 0.06%
Learn More about top institutional investors of Coupang stock.

Which major investors are selling Coupang stock?

In the previous quarter, CPNG stock was sold by these institutional investors:
  1. Baillie Gifford & Co.
  2. Ninety One UK Ltd
  3. Assenagon Asset Management S.A.
  4. Mitsubishi UFJ Trust & Banking Corp
  5. Matthews International Capital Management LLC
  6. ABN Amro Investment Solutions
  7. D.A. Davidson & CO.
  8. Handelsbanken Fonder AB
During the last year, company insiders that have sold Coupang company stock include:
  1. Svf Investments (Uk) Ltd (Major Shareholder)
  2. Greenoaks Capital Partners Llc (Director)
  3. Neil Mehta (Director)
  4. Gaurav Anand (CFO)
  5. Benjamin Sun (Director)
  6. Bom Kim (CEO)
  7. Hanseung Kang (Director)
Learn More investors selling Coupang stock.

Which major investors are buying Coupang stock?

During the previous quarter, CPNG stock was acquired by institutional investors including:
  1. SG Americas Securities LLC
  2. Coronation Fund Managers Ltd.
  3. Vanguard Group Inc.
  4. Massachusetts Financial Services Co. MA
  5. AMS Capital Ltda
  6. Universal Beteiligungs und Servicegesellschaft mbH
  7. Ashoka WhiteOak Capital Pte Ltd
  8. Ethic Inc.