Coinbase (COIN) President & COO awarded 121,713 restricted stock units

Rhea-AI Filing Summary

Coinbase Global, Inc. reported that President & COO Emilie Choi acquired an equity award of 121,713 restricted stock units. Each RSU represents a contingent right to receive one share of Coinbase Class A common stock at no purchase price.

The RSUs vest in equal quarterly installments over three years, with the first 1/12 vesting on May 20, 2026, and the award fully vesting on February 20, 2029, as long as she continues serving the company on each vesting date. RSUs will either vest or be canceled; they do not have an expiration date.

Insights

Equity compensation analyst

Routine RSU grant to a senior executive with multi‑year vesting.

Emilie Choi, President & COO of Coinbase, received 121,713 RSUs as a stock-based compensation award. Each unit converts into one Class A share if and when it vests, aligning a significant portion of her pay with long-term company performance.

The RSUs vest quarterly over three years, starting on May 20, 2026 and ending on February 20, 2029, contingent on continued service. This structure encourages executive retention and long-term focus, while the actual value realized will depend on Coinbase’s share price at future vesting dates.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Choi Emilie

Role President & COO

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	121,713	$0.00	--

Holdings After Transaction: Restricted Stock Units — 121,713 shares (Direct)

Footnotes (1)

1. Each restricted stock unit ("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 May 20, 2026, until the award is fully vested on February 20, 2029, 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.

Form 4 Insider Transactions: What Each Field Means →

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).

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^*

Choi Emilie

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & COO

3. Date of Earliest Transaction (Month/Day/Year)
02/14/2026

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

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
Restricted Stock Units	$0(1)	02/14/2026		A		121,713		(2)	(3)	Class A Common Stock	121,713	$0	121,713	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.

2. The RSUs vest in equal quarterly installments over three years, with the first 1/12 vesting on May 20, 2026, until the award is fully vested on February 20, 2029, subject to the Reporting Person's continued service to the Issuer on each vesting date.

3. RSUs do not expire; they either vest or are canceled prior to vesting date.

Remarks:

	/s/ Emilie Choi, by Lailey Rezai, Attorney-in-Fact	02/18/2026
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Emilie Choi report in the latest Coinbase (COIN) Form 4?

Emilie Choi reported the acquisition of 121,713 restricted stock units in Coinbase. Each RSU represents a contingent right to receive one share of Class A common stock, granted at no purchase price as part of her equity compensation package.

How many Coinbase (COIN) RSUs were granted to Emilie Choi and at what price?

Emilie Choi was granted 121,713 restricted stock units in Coinbase at a price of $0.00 per unit. These RSUs are compensation awards, not open-market purchases, and each RSU can settle into one share of Class A common stock if it vests.

When do Emilie Choi’s new Coinbase (COIN) RSUs start vesting and over what period?

The RSUs begin vesting on May 20, 2026, in equal quarterly installments. Vesting continues every quarter over three years until the award is fully vested on February 20, 2029, as long as she remains in service with Coinbase on each vesting date.

What does each Emilie Choi Coinbase (COIN) RSU represent?

Each RSU represents a contingent right to receive one share of Coinbase’s Class A common stock. The shares are delivered only if the RSUs vest under the grant’s terms, which require continued service through specified quarterly vesting dates over three years.

Do Emilie Choi’s Coinbase (COIN) RSUs have an expiration date?

The RSUs do not have an expiration date; they either vest or are canceled. If vesting conditions are met on each quarterly vesting date, units convert into shares. If conditions are not met, unvested RSUs are forfeited instead of expiring like traditional stock options.

Is Emilie Choi’s Form 4 transaction a buy or a sell of Coinbase (COIN) shares?

The Form 4 shows an acquisition through a grant of restricted stock units, not a market buy or sell. The 121,713 RSUs were awarded as compensation at $0.00 per unit, subject to future vesting, rather than purchased or sold on the open market.