[144] Coinbase Global, Inc. SEC Filing

Rhea-AI Filing Summary

Form 144 notice for Coinbase Global, Inc. (COIN) reporting a proposed sale of 6,401 common shares with an aggregate market value of $2,064,724.56, representing activity against a total of 215,159,125 shares outstanding. The sale is planned on or about 08/15/2025 on NASDAQ through Merrill Lynch in San Jose. The securities were acquired as equity compensation from Coinbase on 08/20/2023 (4,660 shares) and 08/20/2021 (1,741 shares).

The filing also discloses recent related sales over the past three months by Alesia Haas and ACB 2021 LLC totalling 16,399 shares with gross proceeds reported for each transaction, demonstrating prior dispositions by related parties. The filer certifies no undisclosed material adverse information.

Positive

• Rule 144 disclosure filed, showing compliance and transparency about insider sales
• Acquisition details provided (dates, nature of acquisition, and payment), supporting traceability of shares
• Sales routed through a major broker (Merrill Lynch), indicating orderly execution

Negative

• Insider selling activity with 6,401 shares proposed and 16,399 shares sold in the past three months could be viewed negatively by some investors
• Aggregate market value of proposed sale is $2,064,724.56, representing a cash conversion of equity compensation

Insights

Securities Analyst

TL;DR Insider sales disclosed but amount is small relative to outstanding shares; compliance filing reduces informational uncertainty.

The notice discloses a proposed Rule 144 sale of 6,401 shares valued at approximately $2.06 million. Compared with 215.16 million shares outstanding, the sale is immaterial on a share-count basis. Recent three-month sales by named parties total 16,399 shares, indicating ongoing liquidation of equity compensation or holdings. From a market-impact perspective this is routine disclosure; it confirms orderly transfer through an established broker and follows Rule 144 reporting requirements.

Corporate Governance Expert

TL;DR Proper Rule 144 disclosure is a governance positive, ensuring transparency about insider transactions.

The filer documents acquisition dates, nature of acquisition (equity compensation), and recent sales history, which supports governance transparency. The signature representation that no material nonpublic information exists is standard and necessary for compliance. The transactions shown are modest in scale and were executed through a broker, reducing concerns about undisclosed coordinated selling. The filing limits uncertainty for shareholders regarding insider liquidity events.

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

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

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

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
Common	Merrill Lynch 560 S Winchester Blvd Suite 500 San Jose CA 95128	6401	2064724.56	215159125	08/15/2025	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 *
Common	08/20/2023	Equity Compensation	Coinbase Global			4660	08/20/2023	Cash
Common	08/20/2021	Equity Compensation	Coinbase Gobal			1741	08/20/2021	Cash

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Alesia Haas One Madison Avenue Suite 2400 New York NY 10010	Common	07/15/2025	3837	1500020.88
ACB 2021 LLC One Madison Avenue Suite 2400 New York NY 10010	Common	07/15/2025	1741	680678.77
Alesia Haas One Madison Avenue Suite 2400 New York NY 10010	Common	06/25/2025	3000	1080600.00
Alesia Haas One Madison Avenue Suite 2400 New York NY 10010	Common	06/16/2025	6080	1504626.90
ACB 2021 LLC One Madison Avenue Suite 2400 New York NY 10010	Common	06/16/2025	1741	430897.50

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Coinbase (COIN) Form 144 report?

The Form 144 reports a proposed sale of 6,401 common shares of Coinbase with an aggregate market value of $2,064,724.56, to be sold on or about 08/15/2025 on NASDAQ.

Who acquired the shares being sold and when?

The securities were acquired as equity compensation from Coinbase on 08/20/2023 (4,660 shares) and 08/20/2021 (1,741 shares).

Have related parties sold Coinbase shares recently?

Yes. The filing lists sales in the past three months by Alesia Haas and ACB 2021 LLC totaling 16,399 shares with reported gross proceeds for each transaction.

Through which broker will the proposed sale be executed?

The proposed sale is to be executed through Merrill Lynch at their San Jose address.

Does the filer represent there is any undisclosed material information?

By signing the notice, the filer represents they do not know any material adverse information about the issuer that has not been publicly disclosed.