Coinbase director Andreessen sells 13,676 shares
A Coinbase director's reported sales were made under a Rule 10b5-1 plan adopted June 5, 2026, during an open trading window.
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Rhea-AI Filing Summary
For Coinbase Global, Inc. (COIN), director Marc L. Andreessen reported sales of Class A common shares held of record by the LAMA Community Trust: 13,676 shares on October 1, 2026, at $186.18 per share, and 6,838 shares on October 2, 2026, at $198 per share. Andreessen and his spouse are trustees of the trust. Both sales were made under a Rule 10b5-1 trading plan adopted June 5, 2026, during an open trading window. A separate holding entry lists 2,568 shares held of record by AD Holdings, LLC, where Andreessen is a manager; he disclaims beneficial ownership except to the extent of any pecuniary interest.
Insights
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Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 6,838 | $198.00 | $1.35M |
| Sale | Class A Common Stock F1, F2 | 13,676 | $186.18 | $2.55M |
| holding | Class A Common Stock F3 | -- | -- | -- |
Footnotes (3)
- 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.
- F2. These securities are held of record by the LAMA Community Trust of which the Reporting Person and his spouse are trustees.
- 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
Key Terms
Rule 10b5-1 trading plan regulatory
held of record financial
beneficial ownership regulatory
pecuniary interest financial
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