Coinbase director's trust sells 6,838 shares

The sale was made under a Rule 10b5-1 plan adopted June 5, 2026, during an open trading window.

Rhea-AI Filing Summary

LAMA Community Trust, of which Coinbase director Marc L. Andreessen and his spouse are trustees, sold 6,838 shares of Coinbase Global, Inc. Class A common stock on September 21, 2026, at $205.05 per share. The sale was made under a Rule 10b5-1 trading plan adopted June 5, 2026, during an open trading window; the trust held 1,129,486 shares afterward. Separately, AD Holdings, LLC held 2,568 shares; Andreessen, its manager, disclaimed beneficial ownership except to the extent of any pecuniary interest.

Insider Trade Summary 10b5-1

Net Seller: 6,838 shares

Net Sell 2 txns

Insider Andreessen Marc L

Role Director

Sold 6,838 shs ($1.40M)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock F1, F2	6,838	$205.05	$1.40M
holding	Class A Common Stock F3	--	--	--

Holdings After Transaction: Class A Common Stock — 1,129,486 shares (Indirect, By Trust); Class A Common Stock — 2,568 shares (Indirect, By AD Holdings, LLC)

Footnotes (3)

1. F1. These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 5, 2026, during an open trading window.
2. F2. These securities are held of record by the LAMA Community Trust of which the Reporting Person and his spouse are trustees.
3. F3. These securities are held of record by AD Holdings, LLC, of which the Reporting Person is a manager. The Reporting Person disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by AD Holdings, LLC and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities, except to the extent of his pecuniary interest therein, if any.

Key Figures

Shares sold: 6,838 shares Sale price: $205.05 per share Trust shares following sale: 1,129,486 shares +1 more

4 metrics

Shares sold 6,838 shares LAMA Community Trust sale on September 21, 2026

Sale price $205.05 per share LAMA Community Trust sale on September 21, 2026

Trust shares following sale 1,129,486 shares LAMA Community Trust, September 21, 2026

AD Holdings, LLC shares 2,568 shares Reported holding on September 21, 2026

Key Terms

Rule 10b5-1 trading plan, beneficial ownership, pecuniary interest

3 terms

Rule 10b5-1 trading plan regulatory

"pursuant to a Rule 10b5-1 trading plan adopted"

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.

beneficial ownership regulatory

"disclaims beneficial ownership of the securities"

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"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many COIN shares did LAMA Community Trust sell, and at what price?

LAMA Community Trust sold 6,838 shares of Coinbase Global, Inc. Class A common stock at $205.05 per share on September 21, 2026. Marc L. Andreessen and his spouse are trustees of the trust.

Was the COIN share sale made under a Rule 10b5-1 plan?

Yes. The sale was made under a Rule 10b5-1 trading plan adopted June 5, 2026, during an open trading window.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/23/2026 - 04:21 PM Accepted by SEC EDGAR 09/23/2026 - 04:18 PM Learn about SEC filing dates

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).

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^*

Andreessen Marc L

(Last) (First) (Middle)

C/O ANDREESSEN HOROWITZ

2865 SAND HILL ROAD, SUITE 101

(Street)

MENLO PARK CALIFORNIA 94025

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/21/2026

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

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

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

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	09/21/2026		S(1)		6,838	D	$205.05	1,129,486	I	By Trust(2)
Class A Common Stock								2,568	I	By AD Holdings, LLC(3)

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. These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 5, 2026, during an open trading window.

2. These securities are held of record by the LAMA Community Trust of which the Reporting Person and his spouse are trustees.

3. These securities are held of record by AD Holdings, LLC, of which the Reporting Person is a manager. The Reporting Person disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by AD Holdings, LLC and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities, except to the extent of his pecuniary interest therein, if any.

Remarks:

	/s/ Lailey Rezai, Attorney-in-Fact for Marc L. Andreessen	09/23/2026
	** 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.
* Form 4: SEC 1474 (03-26)