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.

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

Net Seller: 13,676 shares

Net Sell 2 txns

Insider Andreessen Marc L

Role Director

Sold 13,676 shs ($2.48M)

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	--	--	--

Holdings After Transaction: Class A Common Stock — 1,136,324 shares (Indirect, By Trust); Class A Common Stock — 2,568 shares (Indirect, By AD Holdings, LLC)

Footnotes (4)

1. 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.
2. 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.
3. F3. These securities are held of record by the LAMA Community Trust of which the Reporting Person and his spouse are trustees.
4. 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

Shares sold: 13,676 shares Weighted average sale price: $181.1392 per share Sale price range: $180.76–$181.625 per share +2 more

5 metrics

Shares sold 13,676 shares Class A common stock sold on September 8, 2026 by LAMA Community Trust

Weighted average sale price $181.1392 per share Class A common stock sale on September 8, 2026

Sale price range $180.76–$181.625 per share Range of prices across multiple sale transactions on September 8, 2026

Shares held by LAMA Community Trust after sale 1,136,324 shares Indirect holdings of Coinbase Class A common stock after the reported transaction

Shares held by AD Holdings, LLC 2,568 shares Indirect holdings attributed to AD Holdings, LLC with beneficial ownership disclaimed except for pecuniary interest

Key Terms

Rule 10b5-1 trading plan, weighted average sale price, beneficial ownership, open trading window, +1 more

5 terms

Rule 10b5-1 trading plan regulatory

"These sales were effected pursuant to a Rule 10b5-1 trading plan adopted"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

weighted average sale price financial

"Represents the weighted average sale price. These shares were sold"

beneficial ownership regulatory

"disclaims beneficial ownership of the securities held by AD Holdings, LLC"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

open trading window regulatory

"plan adopted by the Reporting Person on June 5, 2026, during an open trading window"

A designated period when company executives, directors and certain employees are permitted to buy or sell their employer’s stock under the company’s trading policy because material information has been disclosed. Think of it like scheduled store hours after a big delivery: it reduces the risk of trading on secret information, and investors watch insider activity during these windows as a signal of how those closest to the business view its prospects.

pecuniary interest financial

"except to the extent of his pecuniary interest therein, if any"

FAQ

What insider transaction did Coinbase (COIN) director Marc L. Andreessen report?

Marc L. Andreessen reported an indirect sale of 13,676 shares of Coinbase Class A common stock on September 8, 2026, carried out by the LAMA Community Trust, where he and his spouse serve as trustees.

At what price were Marc L. Andreessen’s COIN shares sold in this Form 4?

The reported sale was at a weighted average price of $181.1392 per share. Footnotes state the individual sale prices ranged from $180.76 to $181.625 across multiple transactions on September 8, 2026.

How many Coinbase (COIN) shares does the LAMA Community Trust hold after this transaction?

After the reported sale, the LAMA Community Trust held 1,136,324 shares of Coinbase Class A common stock indirectly attributable to Marc L. Andreessen as a trustee with his spouse.

Was Marc L. Andreessen’s COIN stock sale under a Rule 10b5-1 trading plan?

Yes. A footnote states the sales were effected under a Rule 10b5-1 trading plan adopted by Marc L. Andreessen on June 5, 2026 during an open trading window.

What Coinbase (COIN) holdings are reported for AD Holdings, LLC in this filing?

The filing shows 2,568 shares of Coinbase Class A common stock held indirectly by AD Holdings, LLC. Marc L. Andreessen is a manager of this entity but disclaims beneficial ownership except to the extent of any pecuniary interest.

Is this Marc L. Andreessen Form 4 a net buy or sell of Coinbase (COIN) shares?

The filing reflects a net sale of 13,676 shares of Coinbase Class A common stock, with no reported purchases or derivative exercises in this Form 4.

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

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Available on EDGAR 09/10/2026 - 04:18 PM Accepted by SEC EDGAR 09/10/2026 - 04:17 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Andreessen Marc L

(Last) (First) (Middle)

C/O ANDREESSEN HOROWITZ

2865 SAND HILL ROAD, SUITE 101

(Street)

MENLO PARK CALIFORNIA 94025

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Coinbase Global, Inc. [ COIN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/08/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	09/08/2026		S(1)		13,676	D	$181.1392(2)	1,136,324	I	By Trust(3)
Class A Common Stock								2,568	I	By AD Holdings, LLC(4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

2. 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.

3. These securities are held of record by the LAMA Community Trust of which the Reporting Person and his spouse are trustees.

4. 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.

Remarks:

	/s/ Lailey Rezai, Attorney-in-Fact for Marc L. Andreessen	09/10/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)