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Coinbase Global, Inc. Form 4 Filings

COIN NASDAQ

Every Form 4 that Coinbase Global, Inc. (COIN) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A Form 4 covers the transactions officers, directors and large holders report, so if you follow COIN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full COIN filings page.

Rhea-AI Summary

Coinbase Global, Inc. director Frederick Ernest Ehrsam III, through The Frederick Ernest Ehrsam III Living Trust, reported preset conversions and sales of Coinbase shares. On January 14, 2026, the trust converted 2,750 shares of Class B Common Stock into 2,750 shares of Class A Common Stock at $0 per share and then sold 2,750 Class A shares at a weighted average price of $260.0925. On January 15, 2026, the trust converted a further 1,375 Class B shares into 1,375 Class A shares at $0 and sold 1,375 Class A shares at a weighted average price of $250.2679. The filing states these transactions were made under a Rule 10b5-1 trading plan adopted on August 7, 2025. After these moves, the trust reports indirect beneficial ownership of 5,511,848 shares of Class B Common Stock, and a separate entity, FE Management LP, holds 11,881 shares of Class A Common Stock, with Ehrsam as a beneficiary.

Rhea-AI Summary

Coinbase Global President & COO Emilie Choi reported the vesting of restricted stock units and related tax share withholding in a Form 4. On January 15, 2026, 321,588 RSUs previously granted to her vested, converting into the same number of shares of Class A common stock at an exercise price of $0.

To cover federal and state tax withholding obligations from this vesting, 159,482 shares of Class A common stock were withheld and cancelled at a price of $255.86 per share, in an exempt transaction. After these transactions, Choi directly beneficially owned 364,540 shares of Coinbase Class A common stock. She is also reported as having indirect interests in additional shares held through Sixers LLC and two Starvurst trusts, for which she disclaims beneficial ownership except for any pecuniary interest.

Rhea-AI Summary

Coinbase Global’s President and COO Emilie Choi reported new performance-based equity awards. On January 10, 2026, she was granted 321,588 restricted stock units (RSUs) tied to relative shareholder return, plus two additional RSU awards of 160,793 units each tied to cumulative revenue and cumulative adjusted EBITDA performance goals.

The performance periods for these RSUs ended on December 31, 2025 and were certified by the company’s compensation committee. One RSU tranche is scheduled to vest on January 15, 2026, and the other two on February 20, 2026. Each RSU represents a contingent right to receive one share of Coinbase’s Class A common stock, and the RSUs either vest on their dates or are canceled.

Rhea-AI Summary

Coinbase Global, Inc. Chairman and CEO Brian Armstrong, who is also a 10% owner, reported option exercises and share sales on January 5, 2026 under a pre-arranged Rule 10b5-1 trading plan adopted on August 15, 2025.

Armstrong exercised 40,000 employee stock options at an exercise price of $18.71 per share, receiving 40,000 shares of Class A common stock. He then sold an aggregate of 40,000 Class A shares in multiple transactions at weighted average prices of $248.527, $249.4128 and $250.0099, with sale price ranges disclosed between $248.00 and $250.07 per share.

Following these transactions, Armstrong directly beneficially owned 2,553,924 employee stock options and no directly held Class A shares from this option lot, and an additional 526 Class A shares were held indirectly by The Brian Armstrong Living Trust.

Rhea-AI Summary

Coinbase Global, Inc. director Frederick Ernest Ehrsam III reported a small, pre-planned insider transaction involving shares held through The Frederick Ernest Ehrsam III Living Trust. On January 5, 2026, the trust converted 1,375 shares of Class B Common Stock into 1,375 shares of Class A Common Stock at a conversion price of $0, then sold those 1,375 Class A shares at a weighted average price of $250.0333 under a Rule 10b5‑1 trading plan adopted on August 7, 2025. After these transactions, the trust continued to hold 5,515,973 shares of Class B Common Stock indirectly, and Ehrsam also reported 11,881 shares of Class A Common Stock held directly.

Rhea-AI Summary

Coinbase Global, Inc. director Frederick R. Wilson reported multiple trades in the company’s Class A common stock on January 2, 2026. Under a pre-arranged Rule 10b5-1 trading plan adopted on August 7, 2025, he executed a series of open-market sales totaling 10,000 shares at weighted average prices ranging roughly from about $226.88 to $238.18. After these sales, he beneficially owned 184,973 Class A shares directly with his spouse.

The filing also reports 24,444 shares held indirectly by USV 2024, LP and 624 shares held indirectly by USV Investors 2024, LP, received as stock consideration in Coinbase’s acquisition of The Clearing Company of San Francisco, Inc. at a closing share price of $236.53 on the merger’s effective date. Additional indirect holdings include 2,416 shares via FJW Partners, LLC and 50,000 shares via the Fred and Joanne Wilson 2012 Delaware Trust, for which Wilson disclaims beneficial ownership beyond any pecuniary interest.

Rhea-AI Summary

Coinbase Global, Inc.’s Chief Financial Officer, Alesia J. Haas, reported multiple open‑market sales of Class A common stock on 12/15/2025, all executed under a pre‑established Rule 10b5‑1 trading plan adopted on September 3, 2025.

The reported transactions include sales of 767 and 1,916 Class A shares at weighted average prices of about $264.56 and $264.93 per share, and additional sales of 2,950 and 1,742 shares at $268.00 per share. Following these trades, Haas directly beneficially owns 78,714 Class A shares and no longer has an indirect holding through ACB 2021, LLC.

The filing notes that ACB 2021, LLC had been an entity of which Haas is the sole member, and she previously disclaimed beneficial ownership of its shares except to the extent of any pecuniary interest.

Rhea-AI Summary

Coinbase Global, Inc. director Frederick Ernest Ehrsam III reported insider transactions involving both Class A and Class B shares. On 11/28/2025, his living trust converted 1,375 shares of Class B Common Stock into 1,375 shares of Class A Common Stock at a stated price of $0. That same day, the trust sold 566 Class A shares at a weighted average price of $272.8438 and another 809 Class A shares at a weighted average price of $273.58, all under a Rule 10b5-1 trading plan adopted on August 7, 2025.

After these transactions, the filing shows 11,881 shares of Class A Common Stock held with direct ownership and 5,525,598 derivative securities representing Class B Common Stock held indirectly by The Frederick Ernest Ehrsam III Living Trust. Each Class B share is convertible into one Class A share and has no expiration date.

Rhea-AI Summary

Coinbase Global, Inc. (COIN) Chief People Officer trade: A company officer reported multiple open-market sales of Class A common stock on 11/24/2025 under a pre-arranged Rule 10b5-1 trading plan adopted on December 2, 2024 during an open trading window.

The officer sold several blocks of shares at weighted average prices ranging from about $244 to $257 per share. Following these transactions, the officer directly beneficially owned 497 shares of Coinbase Class A common stock and had indirect beneficial ownership of 20,727 shares held by 4JMB LLC, an entity of which the officer is the sole member and for which beneficial ownership is disclaimed except to the extent of any pecuniary interest.

Rhea-AI Summary

Coinbase Global, Inc. (COIN) reported an insider transaction by its Chief Accounting Officer, Jennifer N. Jones. On 11/24/2025, she sold 1,787 shares of Class A common stock at a price of $244.49 per share. Following this sale, she beneficially owned 0 shares of Coinbase Class A common stock.

The filing notes that the transaction was carried out under a pre-arranged Rule 10b5-1 trading plan adopted on December 3, 2024, during an open trading window. This type of plan is designed to allow insiders to systematically sell shares according to predetermined instructions.

Rhea-AI Summary

Coinbase Global, Inc. (COIN) reported that its Chief Legal Officer, Paul Grewal, filed a Form 4 disclosing multiple open‑market sales of Class A common stock on 11/25/2025. The transactions, all coded as sales, were executed at weighted average prices ranging from about $241.58 to $250.65, with detailed price ranges provided for each group of trades.

The filing states these sales were carried out under a pre‑arranged Rule 10b5‑1 trading plan adopted on August 28, 2024, during an open trading window. Following the reported transactions, Grewal beneficially owned 75,811 shares of Coinbase Class A common stock held directly.

Rhea-AI Summary

Coinbase Global, Inc. (COIN) reported insider equity activity by its Chief Accounting Officer on a Form 4 dated 11/20/2025. Multiple tranches of restricted stock units (RSUs) and employee stock options converted into Class A common stock, with several RSU conversions shown at a price of $0 per share.

The filing shows 2,632 shares of Class A common stock withheld at $257.29 per share to cover tax obligations tied to RSU vesting. It also reports an option exercise at $74.63 per share and an open-market sale of 869 Class A shares at $259.93 per share executed under a Rule 10b5-1 trading plan. Following these transactions, the reporting person directly holds 1,787 shares of Class A common stock, along with remaining RSUs and stock options that continue to vest over time.

Rhea-AI Summary

Coinbase Global, Inc. (COIN) Chief People Officer Lawrence J. Brock reported multiple equity transactions tied to restricted stock units (RSUs) on 11/20/2025. He acquired a total of 10,485 shares of Class A common stock at $0 per share upon vesting of three RSU grants (3,350, 4,401 and 2,734 shares). To cover federal and state tax withholding from this vesting, 4,583 shares were relinquished to Coinbase at a price of $257.29 per share.

After these transactions, Brock directly held 6,399 shares of Class A common stock, and an additional 20,727 shares were reported as indirectly held through 4JMB LLC, of which he is the sole member. The filing also shows 24,607 RSUs remaining beneficially owned, subject to time-based vesting schedules running through February 20, 2028, contingent on his continued service.

Rhea-AI Summary

Coinbase Global, Inc. (COIN) reported insider equity activity by its President & COO. On November 20, 2025, restricted stock units (RSUs) previously granted to the executive vested and were settled into Class A common stock. Three tranches of RSUs converted into 11,166, 11,738, and 6,076 shares, each at an exercise price of $0.

To cover federal and state tax withholding from the RSU vesting, the executive had 14,370 shares relinquished back to Coinbase at a price of $257.29 per share, treated as an exempt transaction under Section 16b-3(e). After these transactions, the executive directly beneficially owned 202,434 Class A shares, with additional indirect holdings of 49,643 shares via the Starvurst Exempt Trust, 23,199 shares via the Starvurst Non-Exempt Trust, and 57,610 shares via Sixers LLC.

Rhea-AI Summary

Coinbase Global, Inc. (COIN) chief legal officer Paul Grewal reported multiple equity transactions related to restricted stock units (RSUs) on 11/20/2025. He acquired 3,350, 4,401, and 3,038 shares of Class A common stock at an exercise price of $0 upon vesting of previously granted RSUs, and then disposed of 5,351 shares at $257.29 per share to cover tax withholding obligations.

Following these transactions, he directly beneficially owned 87,766 shares of Coinbase Class A common stock and held remaining RSUs covering 27,341 shares. The RSU awards vest in equal quarterly installments over three-year periods ending on 11/20/2025, 11/20/2026, and 02/20/2028, subject to his continued service with the company.

Rhea-AI Summary

Coinbase Global, Inc. (COIN) CFO Alesia J. Haas reported RSU vesting and related share transactions. On 11/20/2025, 5,869 and 4,102 shares of Class A common stock were acquired at $0 per share upon vesting of previously granted restricted stock units. On the same date, 4,944 shares were surrendered at $257.29 per share to cover federal and state tax withholding tied to this vesting.

After these transactions, Haas directly beneficially owned 84,347 shares of Class A common stock, plus 1,742 shares indirectly through ACB 2021, LLC. She also held RSU awards covering 5,869 and 4,102 underlying shares, with the awards scheduled to vest quarterly through November 20, 2026 and February 20, 2028, subject to continued service.

Rhea-AI Summary

Coinbase Global, Inc. (COIN) director Frederick Ernest Ehrsam III reported a set of insider transactions involving Class A and Class B common stock on 11/20/2025. The Frederick Ernest Ehrsam III Living Trust converted 2,750 shares of Class B Common Stock into 2,750 shares of Class A Common Stock at a stated price of $0, reflecting the one-for-one convertibility of the Class B shares.

On the same date, the trust sold 2,467 Class A shares at a weighted average price of $260.279 and a further 283 Class A shares at a weighted average price of $260.7964, covering the full 2,750 converted shares. Following these transactions, the trust held 11,881 Class A shares indirectly and 5,526,973 derivative securities linked to Class B Common Stock. The filing states that the transactions were executed under a Rule 10b5-1 trading plan adopted on August 7, 2025.

Rhea-AI Summary

Coinbase Global, Inc. (COIN) Chief Financial Officer Alesia J. Haas reported open-market sales of the company’s Class A common stock made on 11/17/2025 under a pre-arranged Rule 10b5-1 trading plan adopted on August 29, 2024.

She sold 3,250 shares at a weighted average price of $272.8098, 2,250 shares at $274.78, and 1,742 shares at $274.78. After these transactions, she directly held 79,320 Class A shares and indirectly held 1,742 Class A shares through ACB 2021, LLC, where she is the sole member and disclaims beneficial ownership beyond her economic interest.

Rhea-AI Summary

Coinbase Global, Inc. (COIN) reported insider activity by Chairman and CEO Brian Armstrong. On 11/17/2025, he exercised an employee stock option to buy 40,000 shares of Class A common stock at an exercise price of $18.71 per share, then sold the same 40,000 shares in multiple market transactions at weighted average prices around $271–$276 per share.

After these transactions, Armstrong directly held 0 shares of Class A common stock and indirectly held 526 shares through The Brian Armstrong Living Trust. He continued to hold 2,713,924 employee stock options following the reported activity. The filing states that the trades were made under a Rule 10b5-1 trading plan adopted on August 15, 2025 during an open trading window.

Rhea-AI Summary

Coinbase Global (COIN) director Frederick Ernest Ehrsam III reported a conversion and sale on 11/10/2025. The Frederick Ernest Ehrsam III Living Trust converted 55,688 shares of Class B Common Stock into Class A Common Stock at $0, then sold the 55,688 Class A shares in multiple transactions.

Sales were executed under a Rule 10b5-1 trading plan adopted on August 7, 2025, with weighted average prices across tranches ranging from $320.00 to $324.575. Following the reported transactions, the trust reported 0 Class A shares and 5,529,723 shares of Class B Common Stock beneficially owned.

Each share of Class B Common Stock is convertible into one share of Class A Common Stock and has no expiration date.

Rhea-AI Summary

Coinbase Global (COIN) disclosed insider activity by its President & COO. On 11/11/2025, the reporting person exercised options and converted 100,000 shares of Class B into Class A, then executed multiple open‑market sales the same day under a Rule 10b5-1 plan adopted on August 12, 2025.

Weighted‑average sale prices were reported in tranches, including $304.0454, $305.1829, $306.3302, and up to $316.64, with detailed low/high ranges provided. Following the transactions, beneficial ownership stood at 187,802 Class A shares directly, plus indirect holdings of 57,610 (by Sixers LLC), 23,199 (Starvurst Non‑Exempt Trust), and 49,643 (Starvurst Exempt Trust).

Rhea-AI Summary

Coinbase Global (COIN) director reported open‑market sales totaling 10,000 Class A shares on 11/06/2025, executed in multiple tranches under a Rule 10b5‑1 trading plan adopted on August 7, 2025. Reported weighted‑average sale prices ranged from $295.4307 to $312.1371, with detailed price ranges provided for each tranche.

Following these transactions, the reporting person directly holds 204,973 Class A shares. Indirect holdings disclosed include 2,416 shares via FJW Partners, LLC and 50,000 shares via the Fred and Joanne Wilson 2012 Delaware Trust, with beneficial ownership disclaimed except to any pecuniary interest.

Rhea-AI Summary

Coinbase Global (COIN) director Frederick Ernest Ehrsam III reported insider transactions via The Frederick Ernest Ehrsam III Living Trust. On 11/06/2025 and 11/07/2025, the trust converted Class B Common Stock into Class A Common Stock and executed multiple open‑market sales.

The trust converted 277,074 shares on 11/06/2025 and 19,927 shares on 11/07/2025 at $0, consistent with the stated one‑for‑one conversion terms. Sales on 11/06/2025 occurred at weighted average prices within disclosed ranges of $306.50–$316.49, and on 11/07/2025 within $285.74–$291.76. Following the final reported sales on each date, the filing shows 0 Class A shares indirectly held by the trust.

The transactions were effected under a Rule 10b5‑1 trading plan adopted on August 7, 2025 during an open trading window.

Rhea-AI Summary

Coinbase Global (COIN): CEO Brian Armstrong reported insider transactions. On 11/03/2025, Armstrong’s trust converted 25,000 shares of Class B common stock into 25,000 Class A shares at $0, then sold 25,000 Class A shares in multiple tranches pursuant to a Rule 10b5-1 trading plan adopted on August 15, 2024.

The reported sales occurred at weighted-average prices ranging from $335.1225 to $340.1546, with disclosed low-high ranges per tranche of $334.80–$340.60. Following these transactions, the filing shows 526 Class A shares indirectly owned by The Brian Armstrong Living Trust and 22,706,225 Class B derivative securities beneficially owned by the trust. A separate line lists 2,958,393 Class A shares underlying Class B held by The Ehrsam 2014 Irrevocable Trust, for which Armstrong is trustee and disclaims beneficial ownership except to the extent of any pecuniary interest.

Rhea-AI Summary

Coinbase Global (COIN) reported insider activity by its CFO, Alesia J. Haas. On 10/15/2025, she sold 6,142 shares of Class A common stock in three transactions executed under a Rule 10b5-1 trading plan adopted on August 29, 2024.

The sales included 2,150 shares at a weighted average price of $343.36 (with individual trades between $343.00 and $343.36), 2,250 shares at $345.42, and 1,742 shares at $345.42 through ACB 2021, LLC. Following these transactions, she reported 84,820 shares held directly and 3,484 shares held indirectly via ACB 2021, LLC.

Rhea-AI Summary

Coinbase (COIN) Form 4: Chairman & CEO Brian Armstrong converted 25,000 shares of Class B Common Stock into Class A and, pursuant to a Rule 10b5-1 plan adopted on August 15, 2024, sold 25,000 Class A shares on October 13, 2025 across multiple trades at weighted average prices including $359.4872, $360.4771, $361.4478, $362.3486, $363.9479, and $364.1688. Following these transactions, 526 Class A shares were held indirectly by The Brian Armstrong Living Trust. Each Class B share is convertible into one Class A share and has no expiration date. The trust reported 22,731,225 Class B shares beneficially owned after the conversion.

Rhea-AI Summary

Brian Armstrong, Chairman and CEO of Coinbase Global, Inc. (COIN), reported conversions and multiple stock sales on 10/02/2025 under a Rule 10b5-1 plan. He converted 25,000 shares of Class B into Class A common stock and then sold a series of Class A shares in four blocks: 3,849, 5,274, 13,729, and 2,148, for weighted average prices in the mid-$353–$356 range. After these transactions his indirect ownership via The Brian Armstrong Living Trust is reported as 526 Class A shares and 22,781,225 Class A shares held indirectly via other trust holdings remain recorded. The trades were executed pursuant to a trading plan adopted on 08/15/2024 and were effected during an open trading window.

Rhea-AI Summary

Paul Grewal, Chief Legal Officer of Coinbase Global, Inc. (COIN), reported transactions dated 10/01/2025 under a Rule 10b5-1 trading plan adopted on August 28, 2024. He exercised an employee stock option to purchase 10,000 shares at an exercise price of $26.26, and immediately sold 10,000 Class A shares in multiple open-market transactions at prices ranging roughly from $340.83 to $349.70. The Form 4 shows a sequence of sales that reduced his direct Class A holdings from 92,328 to 82,328 shares, while derivative holdings add the exercised 10,000 shares, resulting in 141,722 shares beneficially owned following the transactions. The filing was signed on 10/03/2025.

Rhea-AI Summary

Alesia J. Haas, Chief Financial Officer of Coinbase Global, Inc. (COIN), reported sales of Class A common stock effected on 09/15/2025 under a Rule 10b5-1 trading plan adopted August 29, 2024. The Form 4 shows three disposition entries totaling 6,417 shares sold: 4,600 shares at $322.22, 1,742 shares at $322.22, and 75 shares at a weighted average of $323.5753 (reported range $323.57–$323.58). After these transactions the filing lists 89,295 and 89,220 shares on two direct lines and 5,226 shares held of record by ACB 2021, LLC, of which the reporting person is sole member and disclaims beneficial ownership except to the extent of any pecuniary interest. The Form is signed on 09/17/2025.

Rhea-AI Summary

Brian Armstrong, Coinbase Global, Inc.'s Chairman and CEO, reported transactions on 09/15/2025 showing a conversion and subsequent sales of Class B/Class A common stock under a pre-existing Rule 10b5-1 trading plan. He converted 25,000 shares of Class B into 25,000 shares of Class A and then sold a total of 25,000 Class A shares at $0 per share reported for the conversion and three separate sales totaling 25,000 shares through the plan. Following these transactions, the Form 4 shows Mr. Armstrong beneficially owns 22,781,225 Class A shares indirectly via The Brian Armstrong Living Trust. The filing discloses weighted average sale prices for the disposals in three tranches: approximately $321.25, $322.31, and $323.16, and notes the trades were executed under a plan adopted August 15, 2024, in an open trading window.