Coinbase director reports RSU vesting and new grant

Coinbase Global director Frederick Ehrsam III reported routine equity compensation changes.

Rhea-AI Filing Summary

Coinbase Global director Frederick Ehrsam III reported routine equity compensation changes. On June 16, 2026, 1,150 restricted stock units vested, converting into the same number of Class A common shares. He also received a new grant of 2,303 RSUs, each representing one future Class A share.

Ehrsam now holds 1,150 Class A shares directly from the vesting and 11,881 Class A shares indirectly through FE Management LP. The new RSUs are scheduled to vest on the earlier of specified future shareholder meeting dates, subject to his continued service.

Insider Trade Summary

1,150 shares exercised/converted

Exercise 4 txns

Insider Ehrsam Frederick Ernest III

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	2,303	$0.00	$0.00
Exercise	Restricted Stock Units	1,150	$0.00	$0.00
Exercise	Class A Common Stock	1,150	$0.00	$0.00
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 2,303 contracts (Direct); Class A Common Stock — 1,150 shares (Direct); Class A Common Stock — 11,881 shares (Indirect, By FE Management LP)

Footnotes (6)

1. F1. Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person.
2. F2. These securities are held by FE Management LP, of which the Reporting Person is a beneficiary.
3. F3. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
4. F4. The RSUs vest on the earlier of June 16, 2027, or the date of the next annual meeting of the shareholders of the Issuer, subject to the Reporting Person's continued service to the Issuer on the vesting date.
5. F5. RSUs do not expire; they either vest or are canceled prior to vesting date.
6. F6. The RSUs vest on the earlier of June 18, 2026, or the date of the next annual meeting of the shareholders of the Issuer, subject to the Reporting Person's continued service to the Issuer on the vesting date.

Key Figures

RSUs vested: 1,150 RSUs New RSU grant: 2,303 RSUs Direct Class A holdings: 1,150 shares +2 more

5 metrics

RSUs vested 1,150 RSUs Converted into 1,150 Class A shares on June 16, 2026

New RSU grant 2,303 RSUs Each RSU represents one future Class A share

Direct Class A holdings 1,150 shares Shares held directly after RSU vesting

Indirect Class A holdings 11,881 shares Held indirectly through FE Management LP

Exercise price of vested RSUs $0.00 per share RSU conversion into Class A common stock

Key Terms

Restricted Stock Units, RSUs, indirect ownership, derivative exercise/conversion, +1 more

5 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.

RSUs financial

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

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

indirect ownership financial

"These securities are held by FE Management LP, of which the Reporting Person is a beneficiary."

derivative exercise/conversion financial

"Exercise or conversion of derivative security"

Grant, award, or other acquisition financial

"Grant, award, or other acquisition"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did Coinbase (COIN) director Frederick Ehrsam report?

Frederick Ehrsam reported vesting of 1,150 RSUs into Class A shares and a new grant of 2,303 RSUs on June 16, 2026. These changes reflect equity compensation, not open-market buying or selling activity in Coinbase stock.

How many Coinbase (COIN) shares does Frederick Ehrsam now hold directly and indirectly?

After the reported transactions, Ehrsam holds 1,150 Class A shares directly and 11,881 Class A shares indirectly through FE Management LP. Indirect holdings indicate shares are owned via an entity in which he is a beneficiary.

What are the terms of Frederick Ehrsam’s new RSU grant at Coinbase (COIN)?

Ehrsam received 2,303 restricted stock units, each equal to one Class A share upon vesting. Footnotes state these RSUs vest on the earlier of specific future shareholder meeting dates, provided he continues serving Coinbase through the vesting date.

Did Frederick Ehrsam buy or sell Coinbase (COIN) shares in the open market?

The Form 4 shows no open-market purchases or sales. Reported changes come from RSU vesting and a new RSU grant, which are compensation-related. These transactions are coded as exercises and awards, not market trades.

What does it mean that some Coinbase (COIN) shares are held by FE Management LP?

The filing notes 11,881 Class A shares are held by FE Management LP, and Ehrsam is a beneficiary. This indicates indirect ownership, where an entity legally holds the shares while he benefits economically from the position.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/18/2026 - 05:02 PM EDT Learn about SEC filing dates

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^*

Ehrsam Frederick Ernest III

(Last) (First) (Middle)

C/O COINBASE GLOBAL, INC.

ONE MADISON AVENUE, SUITE 2400

(Street)

NEW YORK NEW YORK 10010

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Coinbase Global, Inc. [ COIN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/16/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	06/16/2026		M(1)		1,150	A	$0	1,150	D
Class A Common Stock								11,881	I	By FE Management LP(2)

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	(3)	06/16/2026		A		2,303		(4)	(5)	Class A Common Stock	2,303	$0	2,303	D
Restricted Stock Units	(3)	06/16/2026		M(1)			1,150	(6)	(5)	Class A Common Stock	1,150	$0	0	D

Explanation of Responses:

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

2. These securities are held by FE Management LP, of which the Reporting Person is a beneficiary.

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

4. The RSUs vest on the earlier of June 16, 2027, or the date of the next annual meeting of the shareholders of the Issuer, subject to the Reporting Person's continued service to the Issuer on the vesting date.

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

6. The RSUs vest on the earlier of June 18, 2026, or the date of the next annual meeting of the shareholders of the Issuer, subject to the Reporting Person's continued service to the Issuer on the vesting date.

Remarks:

	/s/ Frederick Ernest Ehrsam III, by Lailey Rezai, Attorney-in-Fact	06/18/2026
	** 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.
* Form 4: SEC 1474 (03-26)