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Coinbase (COIN) director gains stock through RSU vesting and new grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Coinbase Global, Inc. director Chris Lehane reported routine equity compensation activity. On June 16, 2026, 1,100 previously granted restricted stock units (RSUs) vested, converting into 1,100 shares of Class A Common Stock and bringing his direct holdings to 3,028 shares.

On the same date, he received a new award of 2,215 RSUs, each representing a right to one share of Class A stock. These RSUs vest on the earlier of June 18, 2026 or the next annual shareholder meeting, subject to continued service. Another RSU tranche is scheduled to vest on the earlier of June 16, 2027 or the next annual meeting.

Positive

  • None.

Negative

  • None.

Insights

Director increased equity through RSU vesting and a new grant; purely compensation-driven.

Director Chris Lehane saw 1,100 RSUs vest into Class A Common Stock and received a new grant of 2,215 RSUs. These actions are standard components of a director compensation program, not open-market buying or selling.

After the vesting, he directly holds 3,028 shares. The new RSUs are scheduled to vest on the earlier of June 18, 2026 or the next annual shareholder meeting, with a later tranche tied to June 16, 2027. Overall, this filing reflects routine equity incentives rather than a directional view on Coinbase stock.

Insider Lehane Chris
Role null
Type Security Shares Price Value
Grant/Award Restricted Stock Units 2,215 $0.00 --
Exercise Restricted Stock Units 1,100 $0.00 --
Exercise Class A Common Stock 1,100 $0.00 --
Holdings After Transaction: Restricted Stock Units — 2,215 shares (Direct, null); Class A Common Stock — 3,028 shares (Direct, null)
Footnotes (1)
  1. Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. The RSUs vest on the earlier of June 16, 2027, or the date of the next annual meeting of the shareholders of the Issuer, subject to the Reporting Person's continued service to the Issuer on the vesting date. RSUs do not expire; they either vest or are canceled prior to vesting date. The RSUs vest on the earlier of June 18, 2026, or the date of the next annual meeting of the shareholders of the Issuer, subject to the Reporting Person's continued service to the Issuer on the vesting date.
RSUs vested 1,100 units Previously granted RSUs vesting into Class A Common Stock on June 16, 2026
Shares held after transaction 3,028 shares Class A Common Stock directly owned after RSU vesting
New RSU grant 2,215 units New restricted stock unit award to director on June 16, 2026
RSU-to-share ratio 1 RSU : 1 share Each RSU represents a contingent right to one Class A share
First vesting reference date June 18, 2026 New RSUs vest on earlier of this date or next annual shareholder meeting
Second vesting reference date June 16, 2027 Additional RSU tranche vests on earlier of this date or next annual meeting
Restricted Stock Units financial
"Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
Class A Common Stock financial
"Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock."
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.
annual meeting of the shareholders financial
"The RSUs vest on the earlier of June 18, 2026, or the date of the next annual meeting of the shareholders of the Issuer"
A yearly meeting where a company’s shareholders gather (in person or virtually) to receive reports on results, ask questions, and vote on key matters such as electing directors, approving executive pay and major corporate actions. It matters to investors because the outcomes shape who runs the company and what direction it takes—like a homeowners’ association meeting where residents vote on rules and leaders that affect property value and upkeep.
grant, award, or other acquisition financial
"Grant, award, or other acquisition"
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Lehane Chris
(Last)(First)(Middle)
C/O COINBASE GLOBAL, INC.
ONE MADISON AVENUE, SUITE 2400
(Street)
NEW YORK NEW YORK 10010
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
Coinbase Global, Inc. [ COIN ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/16/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock06/16/2026M(1)1,100A$03,028D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(2)06/16/2026A2,215 (3) (4)Class A Common Stock2,215$02,215D
Restricted Stock Units(2)06/16/2026M(1)1,100 (5) (4)Class A Common Stock1,100$00D
Explanation of Responses:
1. Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person.
2. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
3. The RSUs vest on the earlier of June 16, 2027, or the date of the next annual meeting of the shareholders of the Issuer, subject to the Reporting Person's continued service to the Issuer on the vesting date.
4. RSUs do not expire; they either vest or are canceled prior to vesting date.
5. The RSUs vest on the earlier of June 18, 2026, or the date of the next annual meeting of the shareholders of the Issuer, subject to the Reporting Person's continued service to the Issuer on the vesting date.
Remarks:
/s/ Chris Lehane, by Lailey Rezai, Attorney-in-Fact06/18/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider activity did Coinbase (COIN) director Chris Lehane report?

Chris Lehane reported RSU-related acquisitions only. 1,100 RSUs vested into Class A Common Stock, and he received a new 2,215 RSU grant. These are compensation events, not open-market stock purchases or sales.

How many Coinbase (COIN) shares does Chris Lehane hold after this Form 4?

Following the RSU vesting, Chris Lehane directly holds 3,028 shares of Coinbase Class A Common Stock. This reflects the addition of 1,100 newly vested shares from previously granted RSUs, with no reported share sales in this filing.

What RSU grant did Chris Lehane receive from Coinbase (COIN)?

Chris Lehane received a new award of 2,215 restricted stock units. Each RSU represents a contingent right to one share of Coinbase Class A Common Stock, subject to vesting conditions tied to future dates and continued service on the board.

When do Chris Lehane’s new Coinbase (COIN) RSUs vest?

The newly granted 2,215 RSUs vest on the earlier of June 18, 2026 or the date of Coinbase’s next annual shareholder meeting, assuming Chris Lehane continues to serve the company through the vesting date, according to the disclosed terms.

Are RSUs reported in this Coinbase (COIN) Form 4 subject to expiration?

The filing states that RSUs do not expire; they either vest or are canceled before vesting. This means the reported RSUs convert into shares only if vesting conditions, including continued service, are satisfied by the specified dates.

Did Chris Lehane buy or sell Coinbase (COIN) stock on the market?

No open-market trades are reported. The Form 4 shows RSU vesting and a new RSU grant, both coded as derivative exercises or awards, with zero transaction price, rather than discretionary stock purchases or sales.