Coinbase (COIN) CFO logs RSU vesting and 8,339-share tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Coinbase Global, Inc.’s Chief Financial Officer Alesia J. Haas reported routine equity-compensation activity tied to restricted stock units (RSUs). On May 20, 2026, RSUs vested and were converted into a total of 16,816 shares of Class A Common Stock through multiple derivative exercises coded “M.” To cover resulting tax liabilities, 8,339 shares of Class A Common Stock were surrendered to the company at $193.45 per share in an exempt transaction coded “F,” with the issuer agreeing to pay the associated federal and state tax withholding obligations. Footnotes state each RSU represents one share of Class A stock and that these RSU awards vest in equal quarterly installments over three years, subject to Haas’s continued service.
Positive
- None.
Negative
- None.
Insights
Routine RSU vesting and tax withholding; no open-market trading.
Coinbase’s CFO Alesia Haas reported RSU vesting that converted into 16,816 shares of Class A Common Stock and a related tax-withholding disposition of 8,339 shares at $193.45. The Form 4 classifies these as derivative exercises and an exempt tax payment under Section 16b-3(e).
These transactions reflect normal equity compensation mechanics rather than discretionary buying or selling. No open-market purchases or sales were reported, and net buy/sell activity is shown as neutral. Future RSU vesting continues on the disclosed three-year quarterly schedules, contingent on Haas’s ongoing service.
Insider Trade Summary
16,816 shares exercised/converted
Mixed
7 txns
Insider
HAAS ALESIA J
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,869 | $0.00 | -- |
| Exercise | Restricted Stock Units | 4,101 | $0.00 | -- |
| Exercise | Restricted Stock Units | 6,846 | $0.00 | -- |
| Exercise | Class A Common Stock | 5,869 | $0.00 | -- |
| Exercise | Class A Common Stock | 4,101 | $0.00 | -- |
| Exercise | Class A Common Stock | 6,846 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 8,339 | $193.45 | $1.61M |
Holdings After Transaction:
Restricted Stock Units — 11,738 shares (Direct, null);
Class A Common Stock — 373,320 shares (Direct, null)
Footnotes (1)
- Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person. Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. The RSUs vest in equal quarterly installments over three years, with the first 1/12 vesting on February 20, 2024, until the award is fully vested on November 20, 2026, subject to the Reporting Person's continued service to the Issuer on each vesting date. RSUs do not expire; they either vest or are canceled prior to vesting date. The RSUs vest in equal quarterly installments over three years, with the first 1/12 vesting on May 20, 2025, until the award is fully vested on February 20, 2028, subject to the Reporting Person's continued service to the Issuer on each vesting date. The RSUs vest in equal quarterly installments over three years, with the first 1/12 vesting on May 20, 2026, until the award is fully vested on February 20, 2029, subject to the Reporting Person's continued service to the Issuer on each vesting date.
Key Figures
RSU shares vested: 16,816 shares
Shares withheld for taxes: 8,339 shares
Withholding price: $193.45 per share
+2 more
5 metrics
RSU shares vested
16,816 shares
Total underlying Class A Common Stock from RSU exercises on May 20, 2026
Shares withheld for taxes
8,339 shares
Class A Common Stock relinquished in exempt tax-withholding transaction
Withholding price
$193.45 per share
Value applied to 8,339-share tax-withholding disposition
Exercise transactions
3 derivative exercises
Form 4 transaction summary exerciseCount for codes “M”
Tax-withholding transactions
1 transaction, 8,339 shares
Form 4 transaction summary taxWithholdingCount and shares
Key Terms
Restricted Stock Units, Section 16b-3(e), Rule 16b-3, 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.
Section 16b-3(e) regulatory
"Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability"
Rule 16b-3 regulatory
"incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3."
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
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.
tax withholding obligations financial
"in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person"
FAQ
What transactions did Coinbase (COIN) CFO Alesia Haas report on this Form 4?
Alesia Haas reported RSU vesting that converted into 16,816 shares of Coinbase Class A Common Stock and an exempt tax-withholding disposition of 8,339 shares. These events are categorized as derivative exercises and a tax payment, not open-market buying or selling of shares.
What RSU vesting activity did Coinbase (COIN) disclose for CFO Alesia Haas?
The Form 4 shows RSU vesting that converted into 16,816 underlying shares of Class A Common Stock via derivative exercises coded “M.” Footnotes state each RSU equals one share and describe three-year quarterly vesting schedules, contingent on Haas’s continued service with Coinbase.
How do the Coinbase (COIN) CFO’s RSUs vest according to the Form 4 footnotes?
Footnotes explain certain RSU awards vest in equal quarterly installments over three years. One schedule began February 20, 2024, another May 20, 2025, and another May 20, 2026, with each award fully vesting by November 20, 2026 or February 20, 2028, or February 20, 2029, respectively.