Coinbase Insider Award: Director Receives New Stock Units

Rhea-AI Filing Summary

Coinbase Global (NASDAQ:COIN) filed a routine Form 4 reporting that director Kelly A. Kramer received 1,268 restricted stock units (RSUs) on June 18, 2025. Each RSU converts into one share of Class A common stock when vested. The award will vest on the earlier of June 18, 2026 or the date of the next annual shareholder meeting, provided the director continues her service. No shares were sold, and the filing shows total direct beneficial ownership of 1,268 COIN shares following the transaction.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Kramer Kelly A.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	1,268	$0.00	--

Holdings After Transaction: Restricted Stock Units — 1,268 shares (Direct)

Footnotes (1)

1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock. The RSUs vest on the earlier of June 18, 2026, or the date of the next annual meeting of the stockholders of the Issuer, subject to the Reporting Person's continued service to the Issuer on the vesting date. RSUs do not expire; they either vest or are canceled prior to vesting date.

Form 4 Insider Transactions: What Each Field Means →

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).

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^*

Kramer Kelly A.

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
06/18/2025

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

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
Restricted Stock Units	(1)	06/18/2025		A		1,268		(2)	(3)	Class A Common Stock	1,268	$0	1,268	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.

2. The RSUs vest on the earlier of June 18, 2026, or the date of the next annual meeting of the stockholders of the Issuer, subject to the Reporting Person's continued service to the Issuer on the vesting date.

3. RSUs do not expire; they either vest or are canceled prior to vesting date.

Remarks:

	/s/ Kelly A. Kramer, by Lailey Rezai, Attorney-in-Fact	06/23/2025
	** 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.

FAQ

How many shares was COIN director Kelly Kramer awarded on June 18, 2025?

She received 1,268 restricted stock units, each convertible into one Class A share upon vesting.

When will Kelly Kramer’s newly granted COIN RSUs vest?

The RSUs vest on the earlier of June 18, 2026 or the date of Coinbase’s next annual shareholder meeting, subject to continued service.

Did the filing report any sale of Coinbase shares by the director?

No. The Form 4 discloses an acquisition of RSUs; there were no share sales reported.

What is Kelly Kramer’s total direct ownership after the transaction?

Following the award, Kramer beneficially owns 1,268 COIN Class A shares directly.