Coinbase (COIN) Chief People Officer sells 4,821 shares in planned trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Coinbase Global, Inc. Chief People Officer Brock Lawrence reported open-market sales of 4,821 shares of Class A common stock on February 24, 2026. The shares were sold in four tranches at weighted average prices of $153.399, $154.3959, $155.2336 and $156.0706 per share.
The filing notes these transactions were made under a Rule 10b5-1 trading plan adopted on December 2, 2024 during an open trading window. After the sales, Lawrence directly held 497 shares. An additional 20,727 shares are held of record by 4JMB LLC, for which he disclaims beneficial ownership except to any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,821 shares ($744,327)
Net Sell
5 txns
Insider
Brock Lawrence J
Role
Chief People Officer
Sold
4,821 shs ($744K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 1,680 | $153.399 | $258K |
| Sale | Class A Common Stock | 1,840 | $154.3959 | $284K |
| Sale | Class A Common Stock | 621 | $155.2336 | $96K |
| Sale | Class A Common Stock | 680 | $156.0706 | $106K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 3,638 shares (Direct);
Class A Common Stock — 20,727 shares (Indirect, 4JMB LLC)
Footnotes (1)
- The transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 2, 2024, during an open trading window. Represents the weighted average sale price. The lowest price at which shares were sold was $152.88 and the highest price at which shares were sold was $153.73. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the ranges set forth in footnotes (2) through (5) to this Form 4. Represents the weighted average sale price. The lowest price at which shares were sold was $153.95 and the highest price at which shares were sold was $154.78. Represents the weighted average sale price. The lowest price at which shares were sold was $154.96 and the highest price at which shares were sold was $155.89. Represents the weighted average sale price. The lowest price at which shares were sold was $156.00 and the highest price at which shares were sold was $156.30. These shares are held of record by 4JMB LLC, of which the Reporting Person is the sole member. The Reporting Person disclaims beneficial ownership of the shares owned by 4JMB LLC, except to the extent of his pecuniary interest therein, if any.
FAQ
What insider transaction did Coinbase (COIN) disclose for Brock Lawrence?
Coinbase reported that Chief People Officer Brock Lawrence sold 4,821 shares of Class A common stock on February 24, 2026. The sales occurred in multiple open-market tranches at different weighted average prices disclosed in the Form 4 filing.
Was Brock Lawrence’s Coinbase (COIN) stock sale under a 10b5-1 plan?
Yes. The Form 4 states the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on December 2, 2024. Such plans pre-schedule trades, allowing executives to systematically sell shares during open trading windows.
What is 4JMB LLC’s role in Brock Lawrence’s Coinbase (COIN) holdings?
The Form 4 explains that 20,727 Coinbase shares are held of record by 4JMB LLC, of which Brock Lawrence is the sole member. He disclaims beneficial ownership of those shares except to the extent of any pecuniary interest he may have.