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Coinbase (COIN) legal chief Paul Grewal sells 1,314 shares

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Coinbase Global, Inc. Chief Legal Officer Paul Grewal reported selling 1,314 shares of Class A common stock in multiple open-market transactions on February 27, 2026.

The sales, executed under a Rule 10b5-1 trading plan adopted on August 29, 2025, occurred at weighted average prices within ranges from about $172.00 to $178.80 per share. Following these transactions, Grewal directly holds 78,774 Class A shares.

Positive

  • None.

Negative

  • None.
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).
X
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*
Grewal Paul

(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)
Chief Legal Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026
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
Class A Common Stock 02/27/2026 S(1) 80 D $172.67(2) 80,008 D
Class A Common Stock 02/27/2026 S(1) 300 D $173.5541(3) 79,708 D
Class A Common Stock 02/27/2026 S(1) 274 D $174.5387(4) 79,434 D
Class A Common Stock 02/27/2026 S(1) 380 D $175.5272(5) 79,054 D
Class A Common Stock 02/27/2026 S(1) 125 D $176.5254(6) 78,929 D
Class A Common Stock 02/27/2026 S(1) 105 D $177.4355(7) 78,824 D
Class A Common Stock 02/27/2026 S(1) 50 D $178.421(8) 78,774 D
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
Explanation of Responses:
1. The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 29, 2025, during an open trading window.
2. Represents the weighted average sale price. The lowest price at which shares were sold was $172.00 and the highest price at which shares were sold was $172.98. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth in footnotes (2) through (8) to this Form 4.
3. Represents the weighted average sale price. The lowest price at which shares were sold was $173.02 and the highest price at which shares were sold was $173.985.
4. Represents the weighted average sale price. The lowest price at which shares were sold was $174.06 and the highest price at which shares were sold was $175.03.
5. Represents the weighted average sale price. The lowest price at which shares were sold was $175.06 and the highest price at which shares were sold was $175.99.
6. Represents the weighted average sale price. The lowest price at which shares were sold was $176.07 and the highest price at which shares were sold was $177.025.
7. Represents the weighted average sale price. The lowest price at which shares were sold was $177.10 and the highest price at which shares were sold was $178.04.
8. Represents the weighted average sale price. The lowest price at which shares were sold was $178.15 and the highest price at which shares were sold was $178.80.
Remarks:
/s/ Paul Grewal, by Lailey Rezai, Attorney-in-Fact 03/03/2026
** 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 Coinbase (COIN) executive Paul Grewal report in this Form 4 filing?

Paul Grewal reported selling 1,314 shares of Coinbase Class A common stock. The transactions were executed in multiple open-market trades on February 27, 2026, at various prices, and were made under a pre-arranged Rule 10b5-1 trading plan.

How many Coinbase (COIN) shares did Paul Grewal sell and at what prices?

Paul Grewal sold 1,314 Coinbase Class A shares in several trades. Weighted average prices for the trades fell within ranges where lows were about $172.00 and highs reached approximately $178.80 per share, as detailed in the price range footnotes.

Does Paul Grewal still hold Coinbase (COIN) shares after these sales?

Yes, Paul Grewal continues to hold Coinbase shares after these transactions. Following the reported February 27, 2026 sales, his direct ownership stands at 78,774 shares of Coinbase Class A common stock, as shown in the post-transaction ownership figures.

Were Paul Grewal’s Coinbase (COIN) stock sales under a Rule 10b5-1 plan?

Yes. The filing states the reported transactions were effected under a Rule 10b5-1 trading plan. That plan was adopted by Paul Grewal on August 29, 2025 during an open trading window, and then used to execute these later sales automatically.

What type of transactions did Paul Grewal make in Coinbase (COIN) stock?

Paul Grewal’s reported Coinbase transactions were open-market sales of Class A common stock. Each entry is coded as a sale, with weighted average prices and detailed low and high sale prices for each trade range described in the accompanying footnotes.

How many separate Coinbase (COIN) stock sale transactions did Paul Grewal report?

The Form 4 reports seven separate sale transactions in Coinbase Class A common stock. Each line item shows a distinct number of shares sold and a different weighted average sale price, with further detail on the lowest and highest prices within each range.
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