Coinbase director Andreessen may sell $2.5M in stock

A Marc Andreessen trust filed a Rule 144 notice to sell 13,676 Coinbase Class A shares, valued at about $2.49 million, through Raymond James.

Available on EDGAR 09/08/2026 - 05:02 PM EDT Accepted by SEC EDGAR 09/08/2026 - 05:01 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Coinbase Global, Inc. (COIN) is the issuer for which a Rule 144 notice has been filed covering a proposed sale of 13,676 Class A common shares by Marc Andreessen, a board member, selling via LAMA Community Trust. The filing lists Raymond James & Associates, Inc. as broker, with an aggregate market value of $2,489,032 for the shares to be sold, and notes an approximate sale date of September 8, 2026 on NASDAQ. It states that these Class A shares were originally received through pro-rata distributions for no consideration from various Andreessen Horowitz funds and related entities on several dates between 2021 and 2024, including distributions of 181,204 shares on May 21, 2021 and 8,602,667 shares on December 29, 2023. The notice also shows 222,803,032 Class A shares outstanding as context for the planned sale.

Key Figures

Shares to be sold: 13,676 shares of Class A common stock Aggregate market value: $2,489,032 Shares outstanding: 222,803,032 shares +3 more

6 metrics

Shares to be sold 13,676 shares of Class A common stock Proposed sale under Rule 144 by Marc Andreessen via LAMA Community Trust

Aggregate market value $2,489,032 Value of the 13,676 Class A shares covered by the Rule 144 notice

Shares outstanding 222,803,032 shares Coinbase Class A shares outstanding as referenced in the Rule 144 notice

Approximate sale date September 8, 2026 Approximate date of sale for the covered shares

Largest single distribution noted 8,602,667 shares Class A shares received on December 29, 2023 via pro-rata distributions for no consideration

Example earlier distribution 181,204 shares Class A shares received on May 21, 2021 via pro-rata distributions for no consideration

Key Terms

Rule 144, pro-rata distributions, aggregate market value, attorney-in-fact

4 terms

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144."

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

pro-rata distributions financial

"Received in connection with pro-rata distributions for no consideration."

aggregate market value financial

"13676 | 2489032.00 | 222803032 | 09/08/2026 | NASDAQ"

Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

attorney-in-fact regulatory

"as attorney-in-fact for Marc Andreessen via LAMA Community Tr"

An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing for COIN disclose about Marc Andreessen's planned sale?

The filing discloses that Marc Andreessen, via LAMA Community Trust, may sell 13,676 shares of Coinbase Class A common stock under Rule 144, with an aggregate market value of $2,489,032, through Raymond James & Associates, Inc.

How many Coinbase (COIN) shares are covered by this Rule 144 notice?

The Rule 144 notice covers a proposed sale of 13,676 Class A common shares of Coinbase Global, Inc., with an aggregate market value of $2,489,032 as stated in the filing.

What is the approximate date and exchange for the COIN shares to be sold under this Form 144?

The notice states an approximate sale date of September 8, 2026, and identifies NASDAQ as the securities exchange where the Coinbase Class A shares may be sold.

Who is selling Coinbase (COIN) shares in this Form 144 and through which broker?

The seller is identified as Marc Andreessen, a board member of Coinbase, selling via LAMA Community Trust. The broker listed is Raymond James & Associates, Inc., based in St. Petersburg, Florida.

How were the Coinbase (COIN) shares in this Form 144 originally acquired?

The filing states the Class A shares were received in connection with pro-rata distributions for no consideration from various Andreessen Horowitz funds and entities on several dates between 2021 and 2024.

How many Coinbase (COIN) Class A shares are outstanding according to this Form 144?

The notice reports 222,803,032 Class A shares outstanding of Coinbase Global, Inc., providing context for the size of the proposed Rule 144 sale.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001160077
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Coinbase Global, Inc.
SEC File Number	001-40289
Address of Issuer	ONE MADISON AVENUE SUITE 2400 NEW YORK NEW YORK 10010
Phone	3026365401
Name of Person for Whose Account the Securities are To Be Sold	Andreessen Marc L
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Board Member

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A	Raymond James and Assoicates 880 Carillon Parkway St. Petersburg FL 33716	13676	2489032.00	222803032	09/08/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A	05/21/2021	Received in connection with pro-rata distributions for no consideration.	various Andreessen Horowitz funds/entities			181204	05/21/2021	NA
Class A	05/20/2021	Received in connection with pro-rata distributions for no consideration.	various Andreessen Horowitz funds/entities			403	05/20/2021	NA
Class A	05/21/2021	Received in connection with pro-rata distributions for no consideration.	various Andreessen Horowitz funds/entities			3071	05/21/2021	NA
Class A	05/20/2021	Received in connection with pro-rata distributions for no consideration	various Andreessen Horowitz funds/entities.			26965	05/20/2021	NA
Class A	11/04/2021	Received in connection with pro-rata distributions for no consideration.	various Andreessen Horowitz funds/entities.			43	11/04/2021	NA
Class A	12/29/2023	Received in connection with pro-rata distributions for no consideration.	various Andreessen Horowitz funds/entities.			8602667	12/29/2023	NA
Class A	03/25/2024	Received in connection with pro-rata distributions for no consideration.	various Andreessen Horowitz funds/entities.			75107	03/25/2024	NA

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks	Marc Andreessen selling via LAMA Community Trust.
Date of Notice	09/08/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	06/05/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	Rashida Mitchell, as duly authorized representative of Raymond James & Associates, Inc., as attorney-in-fact for Marc Andreessen via LAMA Community Tr
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)