Coinbase CFO reports RSU vesting and tax share withholding
Coinbase Global, Inc. Chief Financial Officer Alesia J. Haas reported routine equity compensation activity involving restricted stock units (RSUs) and related tax withholding.
Rhea-AI Filing Summary
Coinbase Global, Inc. Chief Financial Officer Alesia J. Haas reported routine equity compensation activity involving restricted stock units (RSUs) and related tax withholding. On February 20, 2026, RSUs previously granted to her vested and were converted into shares of Class A common stock in multiple transactions, including 5,869 and 4,101 RSUs. In connection with this vesting, 4,944 shares of Class A common stock at $165.94 per share were withheld and cancelled to cover federal and state tax obligations, rather than being sold in the open market. After these transactions, she directly held 407,191 shares of Class A common stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,869 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 4,101 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 5,869 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 4,101 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 4,944 | $165.94 | $820K |
Footnotes (6)
- F1. Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person.
- F2. 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.
- F3. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F4. 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.
- F5. RSUs do not expire; they either vest or are canceled prior to vesting date.
- F6. 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.
FAQ
What did Coinbase (COIN) CFO Alesia Haas report in this Form 4?
How many Coinbase (COIN) RSUs vested for the CFO in this transaction?
What are the vesting terms of the Coinbase (COIN) RSUs in this Form 4?
Do the Coinbase (COIN) RSUs reported here expire if they do not vest?
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