Ehrsam trust (NASDAQ: COIN) files Rule 144 stock sale notice
Rhea-AI Filing Summary
The EHRSAM LIVING TR 10B5-1 submitted a notice under Rule 144 to sell 1,375 shares of common stock, with an aggregate market value of $329,010. The shares are to be sold through Goldman Sachs & Co. LLC on or about January 15, 2026 on the NASD exchange. The securities were originally acquired on December 30, 2019 in a private transaction from the issuer as Class B common shares, which will be converted to Class A common shares in connection with any sales. Over the past three months, the trust has sold additional blocks of common stock on multiple dates, including 277,074 shares on November 6, 2025 for gross proceeds of about $85.9 million under its 10b5-1 trading arrangement.
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FAQ
What does the COIN Form 144 filing by EHRSAM LIVING TR 10B5-1 disclose?
The filing discloses that EHRSAM LIVING TR 10B5-1 intends to sell 1,375 shares of common stock under Rule 144, with an aggregate market value of $329,010, through Goldman Sachs & Co. LLC.
What prior COIN stock sales by EHRSAM LIVING TR 10B5-1 are disclosed in the last 3 months?
The notice lists several recent sales of common stock by EHRSAM LIVING TR 10B5-1, including 277,074 shares sold on November 6, 2025 for gross proceeds of about $85.87 million, as well as additional transactions on other November 2025, December 2025, and January 2026 dates.
What does the 10b5-1 reference mean in the EHRSAM LIVING TR 10B5-1 COIN filing?
The name EHRSAM LIVING TR 10B5-1 and the representation language indicate that sales are associated with a written trading plan or instructions intended to satisfy Rule 10b5-1 under the Exchange Act, with the signer affirming they do not know undisclosed material adverse information about the issuer.