[144] Coinbase Global, Inc. SEC Filing
Rhea-AI Filing Summary
Form 144 Notice filed for Coinbase Global (NASDAQ: COIN) indicates a proposed sale of 3,000 common shares with an aggregate market value of $1,080,600 through Merrill Lynch, planned for June 25, 2025. The shares were originally acquired on January 10, 2023, through equity compensation.
Recent trading activity over the past 3 months shows significant insider sales by Alesia Haas and ACB 2021 LLC:
- Alesia Haas sold multiple tranches totaling 27,100 shares between March and June 2025
- ACB 2021 LLC conducted parallel sales of 1,741 shares in four separate transactions
- Total combined gross proceeds from these sales exceeded $7.6 million
The filing indicates the seller has no knowledge of undisclosed material adverse information regarding Coinbase's operations. The company currently has 211,407,406 shares outstanding.
Positive
- None.
Negative
- CFO Alesia Haas has consistently sold significant amounts of shares over the past 3 months, totaling over 27,100 shares worth approximately $6 million through regular sales
- The pattern of systematic selling by both the CFO and related entity (ACB 2021 LLC) suggests continued insider distribution of shares