Welcome to our dedicated page for Coinbase Global SEC filings (Ticker: COIN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Coinbase Global, Inc. filings document regulatory disclosures for a public digital-asset company, including operating and financial results, material events, capital-structure matters, governance, and shareholder voting. Recent 8-K reports cover shareholder letters, exit or disposal cost disclosures, board-composition updates, and the completed change of the company’s state of incorporation to Texas.
The filing record also includes proxy materials addressing director elections, executive compensation, and voting procedures, along with registration-related disclosures for Class A common stock resale activity. These documents describe Coinbase’s public-company obligations, governance framework, and securities structure in the digital-asset sector.
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.
Coinbase Global, Inc. has approved a reincorporation by conversion from Delaware to Texas, already authorized on November 4, 2025 by written consent from stockholders holding approximately 78.40% of the voting power, largely Brian Armstrong- and Fred Ehrsam‑related entities. The Board created a special committee of independent directors, evaluated Delaware, Nevada and Texas law, and unanimously recommended Texas, citing its statute‑based corporate law, codified business judgment rule, perceived lower litigation risk, business‑friendly environment, and pro‑crypto policy stance.
The move will not change Coinbase’s business, management, capital structure, or Nasdaq listing, and each share of Class A and Class B stock will convert one‑for‑one into Texas corporation shares without requiring any stock certificate exchange. Class A holders have no appraisal rights, while certain Class B holders who follow Section 262 procedures may seek appraisal. The new Texas charter and bylaws introduce differences such as a 3% ownership threshold for derivative suits, a jury‑trial waiver for internal entity claims, and Texas‑based exclusive forum provisions.
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 81,570 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.
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.
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.
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).
Coinbase Global, Inc. approved a plan to reincorporate from Delaware to Texas by conversion, authorized by stockholders holding approximately 78.40% of the voting power via written consent on November 4, 2025. The change will take effect no earlier than 20 calendar days after the Information Statement is mailed.
Each outstanding share will convert one-for-one into Texas corporation shares (Class A to Class A; Class B to Class B). The company’s business, leadership, assets, liabilities, and Nasdaq listing under “COIN” remain unchanged. As of the October 31, 2025 record date, shares outstanding were 228,176,267 Class A and 41,481,347 Class B.
Class A holders have no appraisal rights. Certain Class B holders who meet Section 262 procedures may seek appraisal. The board cited Texas’s code‑based corporate law (including a codified business judgment rule and the ability to set a derivative suit ownership threshold up to 3%) and business-friendly environment. Coinbase also notes eliminating Delaware franchise tax (previously $250,000 for the most recent period), while Texas franchise tax is already paid based on margin.
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.
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.
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.