Coinbase (COIN) CLO Paul Grewal sells 1,960 shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Coinbase Global, Inc. Chief Legal Officer Paul Grewal reported selling 1,960 shares of Class A Common Stock in open-market transactions. The trades occurred on May 27, 2026 at weighted average prices ranging from $174.31 to $179.85 per share, as detailed in multiple price buckets.
These sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on August 29, 2025 during an open trading window. Following the transactions, Grewal directly holds 84,753 shares of Coinbase Class A Common Stock, indicating a relatively small portion of his position was sold under this plan.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,960 shares ($346,683)
Net Sell
6 txns
Insider
Grewal Paul
Role
Chief Legal Officer
Sold
1,960 shs ($347K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 321 | $174.9887 | $56K |
| Sale | Class A Common Stock | 589 | $175.7928 | $104K |
| Sale | Class A Common Stock | 183 | $176.9335 | $32K |
| Sale | Class A Common Stock | 454 | $177.7213 | $81K |
| Sale | Class A Common Stock | 388 | $178.9089 | $69K |
| Sale | Class A Common Stock | 25 | $179.5376 | $4K |
Holdings After Transaction:
Class A Common Stock — 86,392 shares (Direct, null)
Footnotes (1)
- The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 29, 2025, during an open trading window. Represents the weighted average sale price. The lowest price at which shares were sold was $174.31 and the highest price at which shares were sold was $175.30. 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 footnotes (2) through (7) to this Form 4. Represents the weighted average sale price. The lowest price at which shares were sold was $175.31 and the highest price at which shares were sold was $176.30. Represents the weighted average sale price. The lowest price at which shares were sold was $176.34 and the highest price at which shares were sold was $177.33. Represents the weighted average sale price. The lowest price at which shares were sold was $177.34 and the highest price at which shares were sold was $178.32. Represents the weighted average sale price. The lowest price at which shares were sold was $178.34 and the highest price at which shares were sold was $179.33. Represents the weighted average sale price. The lowest price at which shares were sold was $179.40 and the highest price at which shares were sold was $179.85.
Key Figures
Shares sold: 1,960 shares
Holding after sale: 84,753 shares
Sale price range low: $174.31 per share
+3 more
6 metrics
Shares sold
1,960 shares
Total Class A Common Stock sold on May 27, 2026
Holding after sale
84,753 shares
Direct Class A Common Stock held by Paul Grewal after transactions
Sale price range low
$174.31 per share
Lowest price in weighted-average sale ranges cited in footnotes
Sale price range high
$179.85 per share
Highest price in weighted-average sale ranges cited in footnotes
Number of sale transactions
6 transactions
Open-market sales of Class A Common Stock on May 27, 2026
Rule 10b5-1 plan adoption date
August 29, 2025
Date Paul Grewal adopted the trading plan governing these sales
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, Class A Common Stock, open-market sale, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person"
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. The lowest price at which shares were sold was $174.31"
Class A Common Stock financial
"security_title: 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.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Coinbase (COIN) disclose for Paul Grewal?
Coinbase reported that Chief Legal Officer Paul Grewal sold 1,960 shares of Class A Common Stock. The sales were open-market transactions executed on May 27, 2026, under a pre-arranged Rule 10b5-1 trading plan adopted in August 2025.
Was Paul Grewal’s Coinbase (COIN) stock sale made under a Rule 10b5-1 plan?
Yes. The filing states the transactions were effected under a Rule 10b5-1 trading plan adopted by Paul Grewal on August 29, 2025. Such plans are pre-arranged during open trading windows to schedule future trades automatically.
How many Coinbase (COIN) insider sales did the Form 4 report for Paul Grewal?
The Form 4 reports six separate open-market sale transactions of Coinbase Class A Common Stock. Combined, these sales total 1,960 shares on May 27, 2026, all executed under Paul Grewal’s previously adopted Rule 10b5-1 trading plan.