Coinbase grants 54,771 RSUs to Chief People Officer
Brock Lawrence J reported acquisition or exercise transactions in this Form 4 filing.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 54,771 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F2. 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.
- F3. RSUs do not expire; they either vest or are canceled prior to vesting date.
FAQ
What equity award did Coinbase (COIN) grant to its Chief People Officer?
How do Brock Lawrence’s RSUs at Coinbase (COIN) vest over time?
What does each RSU granted by Coinbase (COIN) to Brock Lawrence represent?
Do the Coinbase (COIN) RSUs granted to Brock Lawrence have an expiration date?
Is Brock Lawrence’s RSU grant at Coinbase (COIN) a purchase or a compensatory award?
AI-generated analysis. How Rhea-AI works. Not financial advice.