Coinbase director Lütke vests 1,100 RSUs, gets 2,215 more
Coinbase Global, Inc. director Tobias Lütke reported routine equity compensation activity.
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Form Type
4
Rhea-AI Filing Summary
Coinbase Global, Inc. director Tobias Lütke reported routine equity compensation activity. On June 16, 2026, 1,100 restricted stock units (RSUs) vested, converting into 1,100 shares of Class A Common Stock, bringing his directly held shares to 14,585. He also received a new grant of 2,215 RSUs, each representing a contingent right to one Class A share, which vest on the earlier of June 16, 2027 or the next annual shareholder meeting, subject to continued service. Separately, 208,830 Class A shares are held by 7910240 Canada Inc., where he is the sole director, and he disclaims beneficial ownership except for any pecuniary interest.
Insider Trade Summary
1,100 shares exercised/converted
Exercise
4 txns
Insider
Lutke Tobias
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,215 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,100 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 1,100 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 2,215 contracts (Direct);
Class A Common Stock — 14,585 shares (Direct);
Class A Common Stock — 208,830 shares (Indirect, By 7910240 Canada Inc.)
Footnotes (6)
- F1. Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person.
- F2. These shares are held of record by 7910240 Canada Inc., of which the Reporting Person is the sole director. The Reporting Person disclaims beneficial ownership of the shares owned by 7910240 Canada Inc., except to the extent of his pecuniary interest therein, if any.
- F3. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F4. 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.
- F5. RSUs do not expire; they either vest or are canceled prior to vesting date.
- F6. 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: 1,100 units
Direct Class A shares after transaction: 14,585 shares
New RSU grant: 2,215 units
+2 more
5 metrics
RSUs vested
1,100 units
Converted into 1,100 Class A shares on June 16, 2026
Direct Class A shares after transaction
14,585 shares
Held directly by Tobias Lütke following RSU vesting
New RSU grant
2,215 units
Each RSU represents one future Class A share
RSU vesting price
$0.00 per share
Exercise/conversion price for 1,100 vested RSUs
Indirect Class A holdings
208,830 shares
Held by 7910240 Canada Inc., associated with Tobias Lütke
Key Terms
Restricted Stock Units, beneficial ownership, pecuniary interest, Class A Common Stock, +1 more
5 terms
Restricted Stock Units financial
"Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person."
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.
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of the shares owned by 7910240 Canada Inc."
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.
pecuniary interest financial
"except to the extent of his pecuniary interest therein, if any."
Class A Common Stock financial
"Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
vest financial
"The RSUs vest on the earlier of June 16, 2027, or the date of the next annual meeting"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Tobias Lütke report in his latest Form 4 for Coinbase (COIN)?
Tobias Lütke reported routine equity compensation changes at Coinbase. 1,100 restricted stock units vested into 1,100 Class A shares, and he received a new grant of 2,215 RSUs, reflecting standard director compensation rather than open-market stock purchases or sales.
What new restricted stock units did Tobias Lütke receive from Coinbase (COIN)?
Tobias Lütke received a new grant of 2,215 restricted stock units from Coinbase. Each RSU represents a contingent right to receive one Class A Common share, vesting on the earlier of June 16, 2027 or the next annual shareholder meeting, subject to continued board service.
When do Tobias Lütke’s new Coinbase (COIN) RSUs vest?
The newly granted 2,215 RSUs vest on the earlier of June 16, 2027, or the date of Coinbase’s next annual shareholder meeting. Vesting is conditioned on Tobias Lütke’s continued service to Coinbase as of the applicable vesting date under the award terms.
Do Tobias Lütke’s reported Coinbase (COIN) transactions involve open-market buying or selling?
The reported Coinbase transactions do not involve open-market buying or selling. They consist of 1,100 RSUs vesting into Class A shares and a grant of 2,215 new RSUs, both typical equity compensation events for a director, with no sale transactions disclosed in this filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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