Coinbase (COIN) director gets 2,480 RSUs as 1,234 units vest
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rajaram Gokul reported acquisition or exercise transactions in this Form 4 filing.
Coinbase Global director Gokul Rajaram reported compensation-related equity activity with no open-market buying or selling. On June 16, 2026, 1,234 previously granted restricted stock units (RSUs) vested into Class A common stock, increasing his direct shareholdings by 1,234 shares. He also received a new grant of 2,480 RSUs, each representing a contingent right to one share of Class A common stock. The new RSUs vest on the earlier of June 16, 2027 or the next annual shareholder meeting, subject to continued service, while another RSU award is scheduled to vest on the earlier of June 18, 2026 or the next annual meeting. Indirectly, 10,687 Class A shares are held by the Rajaram Family Revocable Trust, of which he is trustee, reflecting an earlier transfer of 1,492 shares to the trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,234 shares exercised/converted
Mixed
4 txns
Insider
Rajaram Gokul
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,480 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,234 | $0.00 | -- |
| Exercise | Class A Common Stock | 1,234 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 2,480 shares (Direct, null);
Class A Common Stock — 1,234 shares (Direct, null);
Class A Common Stock — 10,687 shares (Indirect, Rajaram Family Revocable Trust)
Footnotes (1)
- Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person. Reflects the transfer on March 13, 2026, of 1,492 shares of Class A Common Stock from the Reporting Person to the Rajaram Family Revocable Trust. Shares are held by the Rajaram Family Revocable Trust, of which the Reporting Person is trustee. Each 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 16, 2027, or the date of the next annual meeting of the shareholders 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. The RSUs vest on the earlier of June 18, 2026, or the date of the next annual meeting of the shareholders of the Issuer, subject to the Reporting Person's continued service to the Issuer on the vesting date.
Key Figures
RSUs vested: 1,234 shares
New RSU grant: 2,480 RSUs
Trust holdings: 10,687 shares
+1 more
4 metrics
RSUs vested
1,234 shares
RSUs converted to Class A Common Stock on June 16, 2026
New RSU grant
2,480 RSUs
Grant representing potential Class A shares to director
Trust holdings
10,687 shares
Class A Common Stock held by Rajaram Family Revocable Trust
Direct holdings after vesting
1,234 shares
Class A Common Stock directly held following RSU vesting
Key Terms
Restricted Stock Units, derivative security, grant, award, or other acquisition, Rajaram Family Revocable Trust
4 terms
Restricted Stock Units financial
"The RSUs vest on the earlier of June 16, 2027, or the date of the next annual meeting"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
Rajaram Family Revocable Trust financial
"Shares are held by the Rajaram Family Revocable Trust, of which the Reporting Person is trustee"
FAQ
What insider transactions did Coinbase (COIN) director Gokul Rajaram report?
Gokul Rajaram reported compensation-related equity activity only. 1,234 restricted stock units vested into Class A common stock, and he received a new grant of 2,480 RSUs, with no open-market purchases or sales disclosed in this Form 4.
How many new restricted stock units did Coinbase (COIN) grant to Gokul Rajaram?
Coinbase granted Gokul Rajaram 2,480 new restricted stock units. Each RSU represents a contingent right to receive one share of Class A common stock, subject to future vesting conditions linked to continued service on the company’s board.
When do Gokul Rajaram’s Coinbase (COIN) RSU awards vest?
One RSU award vests on the earlier of June 18, 2026, or the next annual shareholder meeting. The new 2,480-unit grant vests on the earlier of June 16, 2027, or the next annual meeting, assuming Rajaram continues serving the company.
What does each Coinbase (COIN) RSU reported by Gokul Rajaram represent?
Each reported RSU represents a contingent right to receive one share of Coinbase’s Class A common stock. The units do not expire; they either vest into shares on specified dates or are canceled if vesting conditions are not satisfied.