Coinbase (COIN) CFO Haas logs RSU vesting and tax withholding share disposition
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
9,970 shares exercised/converted
Mixed
5 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 | Class A Common Stock | 5,869 | $0.00 | -- |
| Exercise | Class A Common Stock | 4,101 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 4,944 | $165.94 | $820K |
Holdings After Transaction:
Restricted Stock Units — 17,607 shares (Direct);
Class A Common Stock — 408,034 shares (Direct)
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.
FAQ
What did Coinbase (COIN) CFO Alesia Haas report in this Form 4?
The filing shows vesting and conversion of RSUs into Coinbase Class A shares, plus a share disposition strictly to cover tax withholding obligations. These are routine equity compensation events, not open-market stock purchases or sales.
How many Coinbase (COIN) RSUs vested for the CFO in this transaction?
On the reported date, multiple RSU tranches vested, including 5,869 and 4,101 restricted stock units. Each RSU represents a contingent right to receive one share of Coinbase’s Class A common stock upon vesting, subject to continued service conditions.
What are the vesting terms of the Coinbase (COIN) RSUs in this Form 4?
The RSUs vest in equal quarterly installments over three years. One award vests from February 20, 2024 to November 20, 2026, and another from May 20, 2025 to February 20, 2028, subject to continued service with Coinbase.
Do the Coinbase (COIN) RSUs reported here expire if they do not vest?
The filing states that RSUs do not expire. They either vest according to their quarterly schedule or are cancelled before the vesting date, typically if service conditions are not satisfied under the award’s terms.