[Form 4] Coinbase Global, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Coinbase Global, Inc. (COIN) Form 4 summary: Lawrence J. Brock, Chief People Officer, reported vesting and related transactions in Class A common stock and restricted stock units (RSUs). On 08/20/2025 multiple tranches of RSUs vested, resulting in the acquisition of 3,350, 4,402 and 2,734 shares at $0 per share. Concurrently, 4,583 shares were disposed of on 08/20/2025 at $302.07 per share to satisfy federal and state tax withholding obligations. After these transactions the reporting person directly owns 27,341 Class A shares and 20,727 shares are held of record by 4JMB LLC (indirect).

The filing notes vesting schedules for the RSU grants and that withheld shares were cancelled by the issuer under an exemption for tax withholding.

Positive

• RSUs vested as scheduled, converting previously granted awards into Class A shares and increasing direct ownership.
• Tax withholding handled via share surrender under Rule 16b-3(e), indicating orderly administrative processing without cash outlay.

Negative

• Shares were disposed (4,583) to satisfy tax withholding, reducing the number of newly vested shares retained by the reporting person.

Insights

Financial Analyst

TL;DR: Routine executive equity vesting with share-for-tax withholding; no new cash purchases or unusual option exercises reported.

This Form 4 documents standard vesting of previously granted RSUs to a senior officer, producing modest increases in directly held Class A shares. The disposition of 4,583 shares at $302.07 per share was an administrative action to cover tax obligations and was executed as an exempt transaction under Rule 16b-3(e). The report indicates continued retention of meaningful ownership via both direct holdings and indirect holdings through 4JMB LLC, but does not present material changes to control.

Corporate Governance Expert

TL;DR: Governance-normal disclosure: vesting schedule honored and tax-withholding shares surrendered; disclosure complies with Section 16 reporting.

The filing provides clear explanations of vesting schedules and the nature of the withheld shares, including the issuer-cancelled shares in exchange for tax payment. The Reporting Person disclaims beneficial ownership of LLC-held shares except for pecuniary interest, consistent with common disclosure practice. No departures from standard governance or insider-reporting practices are evident in the document.

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)
08/20/2025

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	08/20/2025		M(1)		3,350	A	$0	3,828	D
Class A Common Stock	08/20/2025		M(1)		4,402	A	$0	8,230	D
Class A Common Stock	08/20/2025		M(1)		2,734	A	$0	10,964	D
Class A Common Stock	08/20/2025		F(2)		4,583	D	$302.07	6,381	D
Class A Common Stock								20,727	I	4JMB LLC(3)

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(4)	08/20/2025		M(1)			3,350	(5)	(6)	Class A Common Stock	3,350	$0	3,350	D
Restricted Stock Units	$0(4)	08/20/2025		M(1)			4,402	(7)	(6)	Class A Common Stock	4,402	$0	22,008	D
Restricted Stock Units	$0(4)	08/20/2025		M(1)			2,734	(8)	(6)	Class A Common Stock	2,734	$0	27,341	D

Explanation of Responses:

1. Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person.

2. Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of RSUs.

3. These shares are held of record by 4JMB LLC, of which the Reporting Person is the sole member. The Reporting Person disclaims beneficial ownership of the shares owned by 4JMB LLC, except to the extent of his pecuniary interest therein, if any.

4. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.

5. The RSUs vest in equal quarterly installments over three years, with the first 1/12 vesting on February 20, 2023, until the award is fully vested on November 20, 2025, subject to the Reporting Person's continued service to the Issuer on each vesting date.

6. RSUs do not expire; they either vest or are canceled prior to vesting date.

7. The RSUs vest in equal quarterly installments over three years, with the first 1/12 vesting on February 20, 2024, until the award is fully vested on November 20, 2026, subject to the Reporting Person's continued service to the Issuer on each vesting date.

8. The RSUs vest in equal quarterly installments over three years, with the first 1/12 vesting on May 20, 2025, until the award is fully vested on February 20, 2028, subject to the Reporting Person's continued service to the Issuer on each vesting date.

Remarks:

	/s/ Lawrence J. Brock, by Lailey Rezai, Attorney-in-Fact	08/22/2025
	** 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 transactions did Lawrence J. Brock report on COIN Form 4?

He reported vesting of RSUs resulting in acquisitions of 3,350, 4,402 and 2,734 Class A shares and a disposition of 4,583 shares to satisfy tax withholding.

When did the reported transactions occur on the COIN Form 4?

The transactions occurred on 08/20/2025, with the Form 4 signed on 08/22/2025.

At what price were the disposed shares reported on the Form 4?

Disposal price was $302.07 per share for the 4,583 shares surrendered for tax withholding.

How many Class A shares does the reporting person directly and indirectly own after the transactions?

Direct ownership reported as 27,341 Class A shares and 20,727 shares are held of record by 4JMB LLC (indirect).

Why were shares disposed in this filing?

The shares were relinquished and cancelled by the issuer in exchange for the issuer agreeing to pay federal and state tax withholding obligations resulting from RSU vesting.