Marc Andreessen (COIN) reports RSU vesting and new equity grant at Coinbase
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Coinbase Global, Inc. director Marc L. Andreessen reported routine equity compensation activity involving Class A Common Stock and restricted stock units (RSUs).
On June 16, 2026, 1,150 RSUs previously granted to him became fully vested, each converting into one share of Class A Common Stock held indirectly by the LAMA Community Trust, where he and his spouse serve as trustees. He also received a new grant of 2,303 RSUs, which will vest on the earlier of June 16, 2027 or the next annual shareholder meeting, subject to his continued service.
Separately, 2,568 shares of Class A Common Stock are held of record by AD Holdings, LLC. The filing states that Andreessen disclaims beneficial ownership of securities held by AD Holdings, LLC, except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,150 shares exercised/converted
Mixed
4 txns
Insider
Andreessen Marc L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,303 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,150 | $0.00 | -- |
| Exercise | Class A Common Stock | 1,150 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 2,303 shares (Direct);
Class A Common Stock — 1,150,000 shares (Indirect, By Trust)
Footnotes (1)
- Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person. These securities are held of record by the LAMA Community Trust of which the Reporting Person and his spouse are trustees. These securities are held of record by AD Holdings, LLC, of which the Reporting Person is a manager. The Reporting Person disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by AD Holdings, LLC and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities, except to the extent of his pecuniary interest therein, if any. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. 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. RSUs do not expire; they either vest or are canceled prior to vesting date. These RSUs became fully vested on June 16, 2026.
Key Figures
RSUs vested: 1,150 units
New RSU grant: 2,303 units
Underlying Class A from vested RSUs: 1,150 shares
+4 more
7 metrics
RSUs vested
1,150 units
Restricted stock units that became fully vested on June 16, 2026
New RSU grant
2,303 units
RSUs granted, vesting on June 16, 2027 or next annual meeting
Underlying Class A from vested RSUs
1,150 shares
Class A Common Stock corresponding to vested RSUs held by a trust
Class A via AD Holdings, LLC
2,568 shares
Indirectly held by AD Holdings, LLC with beneficial ownership disclaimed except pecuniary interest
RSU exercise/convert price
$0.00 per unit
Conversion or exercise price for RSUs reported in the filing
Indirect Class A after RSU conversion
1,150 shares
Total shares following transaction held by trust entry
Direct RSUs outstanding
2,303 units
Total RSUs remaining after transactions as of June 16, 2026
Key Terms
Restricted Stock Units, Class A Common Stock, beneficial ownership, pecuniary interest, +1 more
5 terms
Restricted Stock Units financial
"These RSUs became fully vested on June 16, 2026."
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.
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of the securities held by AD Holdings, LLC..."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"...except to the extent of his pecuniary interest therein, if any."
vesting financial
"Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person."
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Marc Andreessen report at Coinbase (COIN)?
Marc Andreessen reported vesting of 1,150 restricted stock units into Class A shares and a new grant of 2,303 RSUs. These entries reflect equity compensation and changes in indirect holdings, with no open-market share purchases or sales disclosed.
How many Coinbase (COIN) RSUs vested for Marc Andreessen in this filing?
The filing shows 1,150 restricted stock units vested for Marc Andreessen, converting into an equal number of Class A Common Stock shares. These shares are held indirectly through a trust, reflecting previously granted equity now becoming fully owned, subject to the trust structure.
What new equity award did Marc Andreessen receive from Coinbase (COIN)?
Marc Andreessen received a new grant of 2,303 restricted stock units, each representing one future Class A share. These RSUs vest on the earlier of June 16, 2027 or the next annual shareholder meeting, contingent on his continued service to Coinbase as of the vesting date.
When will Marc Andreessen’s new Coinbase (COIN) RSUs vest?
The 2,303 newly granted RSUs will vest on the earlier of June 16, 2027 or the date of Coinbase’s next annual shareholder meeting. Vesting is conditioned on Marc Andreessen’s continued service to the company through that vesting date, according to the filing footnotes.
Does Marc Andreessen’s Coinbase (COIN) Form 4 show any stock sales?
The Form 4 does not report any open-market stock sales or purchases by Marc Andreessen. It instead records vesting of 1,150 previously granted RSUs into Class A shares and a new award of 2,303 RSUs, both standard equity compensation entries.