Coinbase director to step down after 2026 meeting

Coinbase Global, Inc. reported that director Paul Clement has informed the company he will not stand for re-election to the Board of Directors when his current term ends at the 2026 Annual Meeting of Shareholders.

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

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Form Type

8-K

Rhea-AI Filing Summary

Coinbase Global, Inc. reported that director Paul Clement has informed the company he will not stand for re-election to the Board of Directors when his current term ends at the 2026 Annual Meeting of Shareholders. The Board plans to reduce its size from ten to nine directors at the conclusion of that meeting, coinciding with the end of Mr. Clement’s term. The company notes it operates as a remote-first organization and provides a New York mailing address solely to meet regulatory requirements.

8-K Event Classification

Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

1 item

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Key Terms

remote-first company, Board of Directors, Annual Meeting of Shareholders, Emerging growth company

4 terms

remote-first company other

"We are a remote-first company. Accordingly, we do not maintain a headquarters."

Board of Directors financial

"he will not stand for re-election to Coinbase’s Board of Directors"

The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.

Annual Meeting of Shareholders financial

"when his current term expires at Coinbase’s 2026 Annual Meeting of Shareholders"

A yearly gathering where a company’s owners (shareholders) vote on key items like electing the board, approving executive pay, and ratifying auditors, and receive updates on performance and strategy. Think of it as an annual town hall for owners: it matters to investors because outcomes and disclosures can affect leadership, corporate direction, dividend and governance policies, and therefore the company’s risk and potential return.

Emerging growth company regulatory

"Emerging growth company"

An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

FAQ

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

What board change did Coinbase (COIN) disclose in this 8-K filing?

Coinbase disclosed that director Paul Clement will not stand for re-election at the 2026 Annual Meeting. When his term ends, the Board expects to reduce its size from ten directors to nine, reflecting his departure without immediately adding a replacement.

When will Paul Clement leave the Coinbase (COIN) Board of Directors?

Paul Clement will leave the Coinbase Board when his current term expires at the 2026 Annual Meeting of Shareholders. His departure is tied to the normal expiration of his term, rather than an immediate resignation or mid-term removal from the Board.

How will Coinbase’s (COIN) Board size change after the 2026 Annual Meeting?

Coinbase’s Board anticipates shrinking from ten directors to nine following the 2026 Annual Meeting. This change is expected to take effect when Paul Clement’s term concludes, and the company does not indicate any immediate plan to appoint a replacement director.

Does Coinbase (COIN) still have a physical corporate headquarters?

Coinbase describes itself as a remote-first company and states it does not maintain a traditional headquarters. It provides a New York mailing address solely to satisfy regulatory requirements and directs shareholder communications to a designated corporate email address for formal contact.

What SEC item does the Coinbase (COIN) filing relate to?

The filing relates to Item 5.02, covering departures of directors or certain officers and related board or compensatory arrangements. In this case, it focuses on a director choosing not to stand for re-election and the Board’s plan to reduce its size afterward.

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

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Accepted by SEC EDGAR 04/10/2026 - 04:08 PM EDT

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 7, 2026

Coinbase Global, Inc.

(Exact name of registrant as specified in its charter)


Texas	001-40289	46-4707224
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)


One Madison Avenue Suite 2400 New York, NY

						10010
(Address of principal executive offices)1						(Zip Code)1

Not Applicable

(Registrant’s telephone number, including area code)1

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):


☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Class A common stock, $0.00001 par value	COIN	The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

1We are a remote-first company. Accordingly, we do not maintain a headquarters. We are including this address solely for the purpose of satisfying the Securities and Exchange Commission’s request. Shareholder communications may also be sent to the email address: secretary@coinbase.com.

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On April 7, 2026, Paul Clement informed Coinbase Global, Inc. (“Coinbase”) that he will not stand for re-election to Coinbase’s Board of Directors (the “Board”) when his current term expires at Coinbase’s 2026 Annual Meeting of Shareholders (the “2026 Annual Meeting”). The Board appreciates and thanks Mr. Clement for his service to Coinbase and his invaluable contributions to the Board.

The Board anticipates that it will reduce the size of the Board from ten directors to nine directors, effective upon the expiration of Mr. Clement’s term at the conclusion of the 2026 Annual Meeting.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


	COINBASE GLOBAL, INC.

Dated: April 10, 2026	By:	/s/ Alesia J. Haas
		Alesia J. Haas
		Chief Financial Officer

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

4 documents