[Form 4] Coinbase Global, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Coinbase Global, Inc. director Frederick R. Wilson reported multiple trades in the company’s Class A common stock on January 2, 2026. Under a pre-arranged Rule 10b5-1 trading plan adopted on August 7, 2025, he executed a series of open-market sales totaling 10,000 shares at weighted average prices ranging roughly from about $226.88 to $238.18. After these sales, he beneficially owned 184,973 Class A shares directly with his spouse.

The filing also reports 24,444 shares held indirectly by USV 2024, LP and 624 shares held indirectly by USV Investors 2024, LP, received as stock consideration in Coinbase’s acquisition of The Clearing Company of San Francisco, Inc. at a closing share price of $236.53 on the merger’s effective date. Additional indirect holdings include 2,416 shares via FJW Partners, LLC and 50,000 shares via the Fred and Joanne Wilson 2012 Delaware Trust, for which Wilson disclaims beneficial ownership beyond any pecuniary interest.

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^*

WILSON FREDERICK R

(Last) (First) (Middle)

C/O COINBASE GLOBAL, INC.

ONE MADISON AVENUE, SUITE 2400

(Street)

NEW YORK NY 10010

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
01/02/2026

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

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

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

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	01/02/2026		S(1)		280	D	$226.8771(2)	194,693	D(3)
Class A Common Stock	01/02/2026		S(1)		440	D	$227.6964(4)	194,253	D(3)
Class A Common Stock	01/02/2026		S(1)		520	D	$229.0062(5)	193,733	D(3)
Class A Common Stock	01/02/2026		S(1)		929	D	$230.1781(6)	192,804	D(3)
Class A Common Stock	01/02/2026		S(1)		495	D	$231.089(7)	192,309	D(3)
Class A Common Stock	01/02/2026		S(1)		400	D	$232.274(8)	191,909	D(3)
Class A Common Stock	01/02/2026		S(1)		470	D	$233.374(9)	191,439	D(3)
Class A Common Stock	01/02/2026		S(1)		241	D	$234.2569(10)	191,198	D(3)
Class A Common Stock	01/02/2026		S(1)		1,000	D	$235.578(11)	190,198	D(3)
Class A Common Stock	01/02/2026		S(1)		2,505	D	$236.3042(12)	187,693	D(3)
Class A Common Stock	01/02/2026		S(1)		2,560	D	$237.4946(13)	185,133	D(3)
Class A Common Stock	01/02/2026		S(1)		160	D	$238.175(14)	184,973	D(3)
Class A Common Stock	01/02/2026		A		24,444	A	(15)	24,444	I	By USV 2024, LP(16)
Class A Common Stock	01/02/2026		A		624	A	(17)	624	I	By USV Investors 2024, LP(18)
Class A Common Stock								2,416	I	By FJW Partners, LLC(19)
Class A Common Stock								50,000	I	By the Fred and Joanne Wilson 2012 Delaware Trust(20)

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. The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 7, 2025, during an open trading window.

2. Represents the weighted average sale price. The lowest price at which shares were sold was $226.32 and the highest price at which shares were sold was $227.29. 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 ranges set forth in footnotes (2) and (4) through (14) to this Form 4.

3. Represents shares of the Issuer's Class A Common Stock beneficially owned by the Reporting Person and his spouse.

4. Represents the weighted average sale price. The lowest price at which shares were sold was $227.34 and the highest price at which shares were sold was $228.24.

5. Represents the weighted average sale price. The lowest price at which shares were sold was $228.66 and the highest price at which shares were sold was $229.56.

6. Represents the weighted average sale price. The lowest price at which shares were sold was $229.76 and the highest price at which shares were sold was $230.70.

7. Represents the weighted average sale price. The lowest price at which shares were sold was $230.78 and the highest price at which shares were sold was $231.66.

8. Represents the weighted average sale price. The lowest price at which shares were sold was $231.84 and the highest price at which shares were sold was $232.62.

9. Represents the weighted average sale price. The lowest price at which shares were sold was $232.91 and the highest price at which shares were sold was $233.82.

10. Represents the weighted average sale price. The lowest price at which shares were sold was $233.92 and the highest price at which shares were sold was $234.46.

11. Represents the weighted average sale price. The lowest price at which shares were sold was $234.95 and the highest price at which shares were sold was $235.92.

12. Represents the weighted average sale price. The lowest price at which shares were sold was $235.95 and the highest price at which shares were sold was $236.92.

13. Represents the weighted average sale price. The lowest price at which shares were sold was $236.98 and the highest price at which shares were sold was $237.95.

14. Represents the weighted average sale price. The lowest price at which shares were sold was $238.00 and the highest price at which shares were sold was $238.32.

15. Represents securities received in exchange for 1,511,768 shares of the Series Seed preferred stock of The Clearing Company of San Francisco, Inc. ("TCCSF") in connection with the acquisition of TCCSF by the Issuer (the "Merger"), the consideration of which consisted of shares of the Issuer's Class A Common Stock and cash. On the effective date of the Merger, the closing price of the Issuer's Class A Common Stock was $236.53 per share.

16. These shares are held by USV 2024, LP. The Reporting Person, a member of the Board of Directors of the Issuer, is a managing member of the general partner of USV 2024, LP, and therefore may be deemed to have shared voting and investment power with regard to the shares held directly by USV 2024, LP. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any.

17. Represents securities received in exchange for 38,618 shares of the Series Seed preferred stock of TCCSF in connection with the Merger, the consideration of which consisted of shares of the Issuer's Class A Common Stock and cash. On the effective date of the Merger, the closing price of the Issuer's Class A Common Stock was $236.53 per share.

18. These shares are held by USV Investors 2024, LP. The Reporting Person, a member of the Board of Directors of the Issuer, is a managing member of the general partner of USV Investors 2024, LP, and therefore may be deemed to have shared voting and investment power with regard to the shares held directly by USV Investors 2024, LP. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any.

19. Each of the Reporting Person and his spouse is a managing member of FJW Partners, LLC and, as such, may be deemed to share voting and dispositive power over the shares owned by FJW Partners, LLC. The Reporting Person disclaims beneficial ownership of the shares owned by FJW Partners, LLC, except to the extent of his pecuniary interest therein, if any.

20. These shares are held of record by The Fred and Joanne Wilson 2012 Delaware Trust, of which the Reporting Person's spouse is the grantor. The Reporting Person disclaims beneficial ownership of the shares owned by The Fred and Joanne Wilson 2012 Delaware Trust, except to the extent of his pecuniary interest therein, if any.

	/s/ Frederick R. Wilson, by Lailey Rezai, Attorney-in-Fact	01/06/2026
	** 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).
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