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54,771 RSUs awarded to Coinbase (COIN) Chief People Officer Brock Lawrence

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

Rhea-AI Filing Summary

Brock Lawrence J reported acquisition or exercise transactions in this Form 4 filing.

Coinbase Global, Inc. reported that Chief People Officer Brock Lawrence received a grant of 54,771 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Coinbase Class A common stock.

The RSUs vest in equal quarterly installments over three years, with the first 1/12 scheduled to vest on May 20, 2026 and the award becoming fully vested on February 20, 2029, subject to his continued service with the company. RSUs do not expire; they either vest or are canceled before the vesting date.

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).
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*
Brock Lawrence J

(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 People Officer
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 54,771 (2) (3) Class A Common Stock 54,771 $0 54,771 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/ Lawrence J. Brock, 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 equity award did Coinbase (COIN) grant to its Chief People Officer?

Coinbase granted Chief People Officer Brock Lawrence 54,771 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Coinbase Class A common stock, aligning a portion of his compensation with the company’s future stock performance over time.

How do Brock Lawrence’s RSUs at Coinbase (COIN) vest over time?

Brock Lawrence’s 54,771 RSUs vest in equal quarterly installments over three years. The first 1/12 of the award is scheduled to vest on May 20, 2026, with final vesting expected on February 20, 2029, contingent on his continued service with Coinbase.

What does each RSU granted by Coinbase (COIN) to Brock Lawrence represent?

Each RSU granted to Brock Lawrence represents a contingent right to receive one share of Coinbase Class A common stock. The shares are delivered only as the units vest under the schedule, making the award dependent on continued employment over the three-year vesting period.

Do the Coinbase (COIN) RSUs granted to Brock Lawrence have an expiration date?

The RSUs granted to Brock Lawrence do not have a traditional expiration date. According to the disclosure, they either vest based on the quarterly schedule through February 20, 2029, or are canceled before vesting if conditions such as continued service are not met.

Is Brock Lawrence’s RSU grant at Coinbase (COIN) a purchase or a compensatory award?

Brock Lawrence’s 54,771 RSU position is a grant/award acquisition, not an open-market stock purchase. The Form 4 describes it as a compensatory award with a transaction price of $0.00 per unit, vesting quarterly over three years contingent on continued service.
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