Coinbase director Andreessen sells 13,676 shares
Coinbase director Marc L. Andreessen reported a planned Rule 10b5-1 trust sale and updated his remaining indirect COIN holdings.
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Rhea-AI Filing Summary
Coinbase Global, Inc. (COIN) director Marc L. Andreessen reported an indirect sale of 13,676 shares of Class A common stock on September 8, 2026 at a weighted average price of $181.1392 per share, effected pursuant to a Rule 10b5-1 trading plan. The shares were sold by the LAMA Community Trust, of which he and his spouse are trustees, and the trust held 1,136,324 shares afterward. A separate entity, AD Holdings, LLC, held 2,568 shares indirectly, with Andreessen disclaiming beneficial ownership except to the extent of any pecuniary interest.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2, F3 | 13,676 | $181.1392 | $2.48M |
| Holding | Class A Common Stock F4 | -- | -- | -- |
Footnotes (4)
- F1. These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 5, 2026, during an open trading window.
- F2. Represents the weighted average sale price. These shares were sold in multiple transactions. The lowest price at which shares were sold was $180.76 and the highest price at which shares were sold was $181.625. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or the Issuer's shareholders, full information regarding the total number of shares sold at each separate price within the range set forth in this footnote.
- F3. These securities are held of record by the LAMA Community Trust of which the Reporting Person and his spouse are trustees.
- F4. These securities are held of record by AD Holdings, LLC, of which the Reporting Person is a manager. The Reporting Person disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by AD Holdings, LLC and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities, except to the extent of his pecuniary interest therein, if any.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
weighted average sale price financial
beneficial ownership regulatory
open trading window regulatory
pecuniary interest financial
FAQ
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What insider transaction did Coinbase (COIN) director Marc L. Andreessen report?
Was Marc L. Andreessen’s COIN stock sale under a Rule 10b5-1 trading plan?
What Coinbase (COIN) holdings are reported for AD Holdings, LLC in this filing?
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