Coinbase (NASDAQ: COIN) director gets 748 RSU shares
Rhea-AI Filing Summary
Coinbase Global, Inc. (COIN) director Chris Lehane reported the vesting and settlement of 748 Restricted Stock Units into 748 shares of Class A Common Stock on August 20, 2026. The RSU vesting increased his directly held Class A Common Stock to 3,776 shares.
The RSUs are part of an award that vests as to one-third on August 20, 2025, with additional one‑third portions vesting in equal annual installments until fully vested on August 20, 2027, subject to his continued service. Each RSU represents a contingent right to receive one share of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 748 shares
Net Buy
2 txns
Insider
Lehane Chris
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F1, F3, F4 | 748 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 748 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 748 shares (Direct);
Class A Common Stock — 3,776 shares (Direct)
Footnotes (4)
- F1. Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person.
- F2. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F3. The RSUs vest with respect to 1/3 of the total award on August 20, 2025, and an additional 1/3 of the award vests in equal annual installments thereafter until the award is fully vested on August 20, 2027, subject to the Reporting Person's continued service to the Issuer on each vesting date.
- F4. RSUs do not expire; they either vest or are canceled prior to vesting date.
Key Figures
RSUs vested and converted: 748 units/shares
Class A Common Stock after transaction: 3,776 shares
Transaction price per share: $0.00 per share
+2 more
5 metrics
RSUs vested and converted
748 units/shares
Restricted Stock Units vested and settled into Class A Common Stock on August 20, 2026
Class A Common Stock after transaction
3,776 shares
Direct holdings of Chris Lehane following the August 20, 2026 Form 4 transactions
Transaction price per share
$0.00 per share
Reported for the 748 Class A Common Stock shares received upon RSU vesting
Initial vesting date
August 20, 2025
One-third of the total RSU award vests on this date
Final vesting date
August 20, 2027
RSU award is fully vested by this date, subject to continued service
Key Terms
Restricted Stock Units, Class A Common Stock, contingent right, vesting
4 terms
Restricted Stock Units financial
"Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Class A Common Stock financial
"Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock."
vesting financial
"The RSUs vest with respect to 1/3 of the total award on August 20, 2025, and an additional 1/3 of the award vests in equal annual installments thereafter"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did COIN director Chris Lehane report on this Form 4?
Chris Lehane reported the vesting and settlement of 748 Restricted Stock Units into 748 shares of Coinbase Global, Inc. Class A Common Stock on August 20, 2026, reflecting an exercise or conversion of a derivative equity award.
What was the size of the RSU award that vested for COIN director Chris Lehane?
The reported vesting covered 748 Restricted Stock Units, which were converted into 748 shares of Coinbase Global, Inc. Class A Common Stock at a stated price of $0.00 per share in connection with the equity award vesting.
What is the vesting schedule of Chris Lehane’s RSUs at Coinbase (COIN)?
The RSUs vest with respect to one-third of the total award on August 20, 2025, and an additional one‑third vests in equal annual installments thereafter until the award is fully vested on August 20, 2027, subject to his continued service to Coinbase Global, Inc.
What does each RSU reported by COIN director Chris Lehane represent?
Each RSU reported represents a contingent right to receive one share of Coinbase Global, Inc. Class A Common Stock. RSUs do not expire; they either vest according to the schedule or are canceled prior to the applicable vesting date.
Were Chris Lehane’s COIN transactions reported under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox as not affirmed (false), and the footnotes do not state that the transactions occurred pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.