Coinbase (NASDAQ: COIN) director’s 10b5-1 plan sells 10,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Coinbase Global, Inc. director Frederick R. Wilson reported a series of open-market sales of the company’s Class A Common Stock by The Fred and Joanne Wilson 2012 Delaware Trust. On July 1, 2026, the trust sold a total of 10,000 shares in multiple transactions, including 1,800 shares at $163.4369 per share and 1,100 shares at $156.0436 per share.
The filing states these sales were made under a pre-arranged Rule 10b5-1 trading plan adopted on February 18, 2026. After the transactions, the trust held 29,900 shares, while Wilson and his spouse beneficially owned 184,973 shares directly and additional indirect holdings through FJW Partners, LLC and USV 2024-related funds, with Wilson disclaiming beneficial ownership beyond any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 10,000 shares ($1,590,926)
Net Sell
18 txns
Insider
WILSON FREDERICK R
Role
null
Sold
10,000 shs ($1.59M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 100 | $146.53 | $15K |
| Sale | Class A Common Stock | 100 | $147.55 | $15K |
| Sale | Class A Common Stock | 300 | $148.9867 | $45K |
| Sale | Class A Common Stock | 300 | $150.1733 | $45K |
| Sale | Class A Common Stock | 400 | $151.325 | $61K |
| Sale | Class A Common Stock | 200 | $152.575 | $31K |
| Sale | Class A Common Stock | 300 | $154.3715 | $46K |
| Sale | Class A Common Stock | 1,100 | $156.0436 | $172K |
| Sale | Class A Common Stock | 400 | $156.83 | $63K |
| Sale | Class A Common Stock | 100 | $157.93 | $16K |
| Sale | Class A Common Stock | 800 | $159.4075 | $128K |
| Sale | Class A Common Stock | 2,800 | $161.1547 | $451K |
| Sale | Class A Common Stock | 1,300 | $162.5349 | $211K |
| Sale | Class A Common Stock | 1,800 | $163.4369 | $294K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 29,900 shares (Indirect, By the Fred and Joanne Wilson 2012 Delaware Trust);
Class A Common Stock — 184,973 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 February 18, 2026, during an open trading window. 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. Represents the weighted average sale price. The lowest price at which shares were sold was $148.71 and the highest price at which shares were sold was $149.37. 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 (3) through (13) to this Form 4. Represents the weighted average sale price. The lowest price at which shares were sold was $149.80 and the highest price at which shares were sold was $150.46. Represents the weighted average sale price. The lowest price at which shares were sold was $150.90 and the highest price at which shares were sold was $151.83. Represents the weighted average sale price. The lowest price at which shares were sold was $152.08 and the highest price at which shares were sold was $153.07. Represents the weighted average sale price. The lowest price at which shares were sold was $154.05 and the highest price at which shares were sold was $154.82. Represents the weighted average sale price. The lowest price at which shares were sold was $155.46 and the highest price at which shares were sold was $156.38. Represents the weighted average sale price. The lowest price at which shares were sold was $156.59 and the highest price at which shares were sold was $157.06. Represents the weighted average sale price. The lowest price at which shares were sold was $159.13 and the highest price at which shares were sold was $159.68. Represents the weighted average sale price. The lowest price at which shares were sold was $160.76 and the highest price at which shares were sold was $161.74. Represents the weighted average sale price. The lowest price at which shares were sold was $161.99 and the highest price at which shares were sold was $162.87. Represents the weighted average sale price. The lowest price at which shares were sold was $163.04 and the highest price at which shares were sold was $164.03. Represents shares of the Issuer's Class A Common Stock beneficially owned by the Reporting Person and his spouse. 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. 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. 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.
Key Figures
Shares sold: 10,000 shares
Example sale price: $163.4369/share
Example sale price: $156.0436/share
+5 more
8 metrics
Shares sold
10,000 shares
Total Class A shares sold on July 1, 2026
Example sale price
$163.4369/share
1,800-share open-market sale by Delaware trust
Example sale price
$156.0436/share
1,100-share open-market sale by Delaware trust
Trust holdings after sale
29,900 shares
Fred and Joanne Wilson 2012 Delaware Trust post-transaction balance
Direct beneficial holdings
184,973 shares
Class A shares beneficially owned by Wilson and spouse
10b5-1 plan adoption date
February 18, 2026
Date Wilson adopted trading plan used for these sales
Indirect USV 2024 LP holdings
24,444 shares
Class A shares held by USV 2024, LP
Indirect USV Investors 2024 LP holdings
624 shares
Class A shares held by USV Investors 2024, LP
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, disclaims beneficial ownership, pecuniary interest, +2 more
6 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"
disclaims beneficial ownership regulatory
"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"
pecuniary interest financial
"except to the extent of his pecuniary interest therein, if any"
Class A Common Stock financial
"Represents shares of the Issuer's Class A Common Stock beneficially owned by the Reporting Person and his spouse"
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.
FAQ
What insider transaction did COIN director Frederick R. Wilson report?
Frederick R. Wilson reported that The Fred and Joanne Wilson 2012 Delaware Trust sold 10,000 Coinbase Class A shares on July 1, 2026. The sales occurred in multiple open-market trades at different prices, all disclosed in the Form 4 filing’s transaction table and footnotes.
Was the COIN insider sale made under a Rule 10b5-1 trading plan?
Yes. The Form 4 states the transactions were effected under a Rule 10b5-1 trading plan adopted on February 18, 2026. Such plans are pre-arranged during an open trading window, which can indicate the sales follow a scheduled diversification or liquidity program rather than discretionary timing.
How are USV 2024 and FJW Partners, LLC involved in COIN holdings?
Additional Coinbase shares are held indirectly through USV 2024, LP, USV Investors 2024, LP, and FJW Partners, LLC. Footnotes explain Wilson’s managing roles in these entities and state he may be deemed to share voting or investment power, while disclaiming beneficial ownership beyond any pecuniary interest.