[144] Coinbase Global, Inc. SEC Filing
Rhea-AI Filing Summary
Form 144 notice for Coinbase Global, Inc. (COIN) shows a proposed sale of 35,439 Class A common shares through J.P. Morgan Securities on 08/25/2025 with an aggregate market value of $10,882,608. The filing states those shares were acquired from the issuer via a stock option exercise (30,000 shares) on 08/25/2025 and restricted stock units (5,439 shares) on 08/20/2025. The seller previously sold 34,883 Class A shares in four transactions between 05/27/2025 and 07/02/2025, generating $9,945,013 in gross proceeds. The filer certifies they are not aware of undisclosed material adverse information.
Positive
- None.
Negative
- Proposed sale of 35,439 Class A shares with aggregate market value of $10,882,608 (to be sold 08/25/2025 via J.P. Morgan Securities).
- Significant prior insider sales: 34,883 shares sold between 05/27/2025 and 07/02/2025 for total gross proceeds of $9,945,013.
Insights
TL;DR: Insider has filed to sell newly acquired option and RSU shares; substantial recent sales occurred.
This Form 144 documents a proposed brokered sale of 35,439 Class A shares with an indicated aggregate market value of $10,882,608, comprised of 30,000 shares from a same-day option exercise and 5,439 shares from recently vested restricted stock units. The filing also discloses four prior sales totaling 34,883 shares and $9,945,013 in gross proceeds over the prior three months. For investors, this is a clear disclosure of insider liquidity events rather than company-reported operating results. The filing includes the standard attestation regarding material nonpublic information.
TL;DR: Routine insider sale filing with multiple recent dispositions disclosed; governance disclosure appears complete.
The notice identifies the broker, sale date, share counts, acquisition methods, and prior disposals as required under Rule 144. It documents exercise- and RSU-derived shares being offered through a broker on Nasdaq and lists past sales with dates and gross proceeds. The form contains the customary attestation about possession of material nonpublic information and a signature block. No additional governance irregularities or omitted mandatory fields are present in the provided text.