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

Rhea-AI Filing Summary

Alesia J. Haas, Chief Financial Officer of Coinbase Global, Inc. (COIN), reported equity transactions dated 08/20/2025. Restricted stock units (RSUs) vested and converted into 5,869 and 4,101 shares of Class A common stock at a $0 acquisition price, and 4,944 shares were surrendered in an exempt transaction for tax withholding at a sale price of $302.07 per share. The filing shows the Reporting Person directly beneficially owned between 93,895 and 98,839 Class A shares following the reported transactions and indirectly holds 6,968 shares of record through ACB 2021, LLC. The RSUs vest in equal quarterly installments over three-year schedules, with one award completing vesting on 11/20/2026 and the other on 02/20/2028. The transactions reflect routine executive compensation vesting and tax-withholding mechanics.

Positive

• RSU vesting confirms continued executive alignment with shareholder interests through equity compensation
• Clear disclosure of tax-withholding mechanics (shares surrendered and cancelled) under an exempt transaction provides transparency
• Vesting schedules disclosed (quarterly over three years, completing 11/20/2026 and 02/20/2028) clarify future equity dilution timing

Negative

• Shares surrendered for tax withholding (4,944 shares at $302.07) reduce the Reporting Person's direct shareholdings
• Some beneficial ownership held indirectly via ACB 2021, LLC, with the Reporting Person disclaiming beneficial ownership except for pecuniary interest, which may limit direct alignment visibility

Insights

Financial Analyst

TL;DR: Routine RSU vesting with a small withholding sale; no material change to control or firm capitalization.

The Form 4 documents periodic vesting of RSU awards to the CFO resulting in the issuance of 5,869 and 4,101 Class A shares and the surrender of 4,944 shares to satisfy federal and state tax withholding at $302.07 per share. These are compensatory events rather than open-market disposals and are exempt under Section 16b-3(e). Reported direct beneficial ownership totals remain in the mid-to-high tens of thousands of shares, with an additional 6,968 shares held of record by an entity controlled by the Reporting Person. From an investor perspective, the filing is routine and expected for executive equity compensation.

Corporate Governance Expert

TL;DR: Compensation-related vesting and tax withholding; disclosure is complete and conforms to Rule 16 reporting.

The filing discloses vesting schedules and the mechanics of share cancellation to cover tax obligations, including explicit vesting completion dates (11/20/2026 and 02/20/2028) and that RSUs convert one-for-one to Class A shares. The Reporting Person properly disclaims beneficial ownership of shares held by ACB 2021, LLC except for any pecuniary interest. The transactions align with standard governance practices for executive equity awards and tax withholding procedures.

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

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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^*

HAAS ALESIA 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 Financial 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)		5,869	A	$0	94,738	D
Class A Common Stock	08/20/2025		M(1)		4,101	A	$0	98,839	D
Class A Common Stock	08/20/2025		F(2)		4,944	D	$302.07	93,895	D
Class A Common Stock								6,968	I	By ACB 2021, 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)			5,869	(5)	(6)	Class A Common Stock	5,869	$0	29,345	D
Restricted Stock Units	$0(4)	08/20/2025		M(1)			4,101	(7)	(6)	Class A Common Stock	4,101	$0	41,012	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 ACB 2021, LLC, of which the Reporting Person is the sole member. The Reporting Person disclaims beneficial ownership of the shares owned by ACB 2021, LLC, except to the extent of her pecuniary interest therein, if any.

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

5. 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.

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 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/ Alesia J. Haas, 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 COIN CFO Alesia J. Haas report on Form 4 dated 08/20/2025?

The filing reports RSU vesting that converted to 5,869 and 4,101 Class A shares and the surrender/cancellation of 4,944 shares for tax withholding at $302.07 per share.

How many Class A shares does Alesia J. Haas beneficially own after these transactions?

The Form 4 shows direct beneficial ownership figures reported in the ranges of 93,895 to 98,839 Class A shares after the transactions and an indirect record ownership of 6,968 shares through ACB 2021, LLC.

Why were shares surrendered or cancelled in this Form 4 filing?

The filing explains that shares were relinquished and cancelled in exchange for the issuer agreeing to pay the Reporting Person's federal and state tax withholding obligations arising from RSU vesting; this was reported as an exempt transaction under Section 16b-3(e).

What are the vesting schedules for the RSU awards reported?

One RSU award vests in equal quarterly installments over three years with final vesting on 11/20/2026; the other vests quarterly over three years with final vesting on 02/20/2028.

Are the underlying RSUs exercisable or do they expire?

The RSUs represent a contingent right to receive one share upon settlement and do not expire; they either vest or are canceled prior to the vesting date per the filing.