Coinbase (NASDAQ: COIN) CFO discloses Rule 10b5-1 stock sales

Rhea-AI Filing Summary

Coinbase Global, Inc.’s Chief Financial Officer, Alesia J. Haas, reported multiple open‑market sales of Class A common stock on 12/15/2025, all executed under a pre‑established Rule 10b5‑1 trading plan adopted on September 3, 2025.

The reported transactions include sales of 767 and 1,916 Class A shares at weighted average prices of about $264.56 and $264.93 per share, and additional sales of 2,950 and 1,742 shares at $268.00 per share. Following these trades, Haas directly beneficially owns 78,714 Class A shares and no longer has an indirect holding through ACB 2021, LLC.

The filing notes that ACB 2021, LLC had been an entity of which Haas is the sole member, and she previously disclaimed beneficial ownership of its shares except to the extent of any pecuniary interest.

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

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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^*

HAAS ALESIA J

(Last) (First) (Middle)

C/O COINBASE GLOBAL, INC.

ONE MADISON AVENUE, SUITE 2400

(Street)

NEW YORK NY 10010

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025

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

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

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

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	12/15/2025		S(1)		767	D	$264.5593(2)	83,580	D
Class A Common Stock	12/15/2025		S(1)		1,916	D	$264.9348(3)	81,664	D
Class A Common Stock	12/15/2025		S(1)		2,950	D	$268	78,714	D
Class A Common Stock	12/15/2025		S(1)		1,742	D	$268	0	I	By ACB 2021, 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. The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 3, 2025, during an open trading window.

2. Represents the weighted average sale price. The lowest price at which shares were sold was $263.61 and the highest price at which shares were sold was $264.59. 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 range set forth in this footnote to this Form 4.

3. Represents the weighted average sale price. The lowest price at which shares were sold was $264.71 and the highest price at which shares were sold was $265.435. 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 range set forth in this footnote to this Form 4.

4. These shares are held of record by ACB 2021, LLC, of which the Reporting Person is the sole member. The Reporting Person disclaims beneficial ownership of the shares owned by ACB 2021, LLC, except to the extent of her pecuniary interest therein, if any.

	/s/ Alesia J. Haas, by Lailey Rezai, Attorney-in-Fact	12/17/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider activity did Coinbase (COIN) disclose in this Form 4?

The report shows that Chief Financial Officer Alesia J. Haas sold several blocks of Class A common stock of Coinbase Global, Inc. on 12/15/2025 in open‑market transactions.

How many Coinbase (COIN) shares did the CFO sell on 12/15/2025?

The transactions include sales of 767, 1,916, 2,950 and 1,742 shares of Coinbase Class A common stock on 12/15/2025, each reported as separate trades.

What prices were Coinbase (COIN) shares sold for in the CFO’s trades?

The filing reports weighted average sale prices of about $264.5593, $264.9348 and $268.00 per share, with detailed price ranges provided for the weighted average transactions.

How many Coinbase (COIN) shares does the CFO own after these transactions?

After the reported sales, Alesia J. Haas beneficially owns 78,714 shares of Coinbase Class A common stock directly, with no remaining indirect holdings reported through ACB 2021, LLC.

Were the Coinbase (COIN) insider sales made under a Rule 10b5-1 trading plan?

Yes. The filing states that the transactions were effected pursuant to a Rule 10b5‑1 trading plan adopted by the reporting person on September 3, 2025 during an open trading window.

What is ACB 2021, LLC in relation to the Coinbase (COIN) CFO’s holdings?

The report explains that shares held by ACB 2021, LLC were owned by an entity of which the CFO is the sole member, and she disclaimed beneficial ownership except to the extent of her pecuniary interest. After the reported transactions, no shares are shown as indirectly owned through this entity.