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Performance RSUs granted to Coinbase Global (NASDAQ: COIN) President & COO

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

Rhea-AI Filing Summary

Coinbase Global’s President and COO Emilie Choi reported new performance-based equity awards. On January 10, 2026, she was granted 321,588 restricted stock units (RSUs) tied to relative shareholder return, plus two additional RSU awards of 160,793 units each tied to cumulative revenue and cumulative adjusted EBITDA performance goals.

The performance periods for these RSUs ended on December 31, 2025 and were certified by the company’s compensation committee. One RSU tranche is scheduled to vest on January 15, 2026, and the other two on February 20, 2026. Each RSU represents a contingent right to receive one share of Coinbase’s Class A common stock, and the RSUs either vest on their dates or are canceled.

Positive

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Insider Choi Emilie
Role President & COO
Type Security Shares Price Value
Grant/Award Restricted Stock Units 321,588 $0.00 --
Grant/Award Restricted Stock Units 160,793 $0.00 --
Grant/Award Restricted Stock Units 160,793 $0.00 --
Holdings After Transaction: Restricted Stock Units — 321,588 shares (Direct)
Footnotes (1)
  1. Represents the number of restricted stock units ("RSUs") earned as a result of the achievement of performance criteria based on relative shareholder return pursuant to a performance-based RSU award with a performance period that ended on December 31, 2025, as certified by the Issuer's Compensation Committee on January 10, 2025. The RSUs vest on January 15, 2026. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. The RSUs vest on January 15, 2026. RSUs do not expire; they either vest or are canceled prior to vesting date. Represents the number of RSUs earned as a result of the achievement of performance criteria based on cumulative revenue pursuant to a performance-based RSU award with a performance period that ended on December 31, 2025, as certified by the Issuer's Compensation Committee on January 10, 2025. The RSUs vest on February 20, 2026. The RSUs vest on February 20, 2026. Represents the number of RSUs earned as a result of the achievement of performance criteria based on cumulative adjusted EBITDA pursuant to a performance-based RSU award with a performance period that ended on December 31, 2025, as certified by the Issuer's Compensation Committee on January 10, 2025. The RSUs vest on February 20, 2026.
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)
01/10/2026
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(1) (2) 01/10/2026 A 321,588 (3) (4) Class A Common Stock 321,588 $0 321,588 D
Restricted Stock Units(5) (2) 01/10/2026 A 160,793 (6) (4) Class A Common Stock 160,793 $0 160,793 D
Restricted Stock Units(7) (2) 01/10/2026 A 160,793 (6) (4) Class A Common Stock 160,793 $0 160,793 D
Explanation of Responses:
1. Represents the number of restricted stock units ("RSUs") earned as a result of the achievement of performance criteria based on relative shareholder return pursuant to a performance-based RSU award with a performance period that ended on December 31, 2025, as certified by the Issuer's Compensation Committee on January 10, 2025. The RSUs vest on January 15, 2026.
2. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
3. The RSUs vest on January 15, 2026.
4. RSUs do not expire; they either vest or are canceled prior to vesting date.
5. Represents the number of RSUs earned as a result of the achievement of performance criteria based on cumulative revenue pursuant to a performance-based RSU award with a performance period that ended on December 31, 2025, as certified by the Issuer's Compensation Committee on January 10, 2025. The RSUs vest on February 20, 2026.
6. The RSUs vest on February 20, 2026.
7. Represents the number of RSUs earned as a result of the achievement of performance criteria based on cumulative adjusted EBITDA pursuant to a performance-based RSU award with a performance period that ended on December 31, 2025, as certified by the Issuer's Compensation Committee on January 10, 2025. The RSUs vest on February 20, 2026.
Remarks:
/s/ Emilie Choi, by Lailey Rezai, Attorney-in-Fact 01/13/2026
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did COIN’s Emilie Choi report?

Emilie Choi, President & COO of Coinbase Global, reported grants of performance-based restricted stock units (RSUs) on January 10, 2026, with no purchase price.

How many RSUs were granted to Coinbase (COIN) President & COO Emilie Choi?

She received three RSU awards: one for 321,588 RSUs based on relative shareholder return and two for 160,793 RSUs each based on cumulative revenue and cumulative adjusted EBITDA.

When do Emilie Choi’s new Coinbase RSUs vest?

According to the filing, one RSU award vests on January 15, 2026, and the other two awards vest on February 20, 2026, if they are not canceled before then.

What performance metrics determine Emilie Choi’s RSU awards at Coinbase (COIN)?

The RSUs were earned based on relative shareholder return, cumulative revenue, and cumulative adjusted EBITDA over performance periods that ended on December 31, 2025.

How many Coinbase Class A shares can Emilie Choi receive from these RSUs?

Each RSU represents a contingent right to receive one share of Coinbase’s Class A common stock, so each award’s share number matches its RSU count.

Do the reported Coinbase RSUs for Emilie Choi have an exercise price?

No. The Form 4 lists the price per RSU as $0, reflecting that these are stock unit awards rather than options with an exercise price.