Form 4 for COIN Coinbase
Accepted 2025-12-10 00:00:00 ET · period of report 2025-11-26 · accession 0001679788-25-000242 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-12-10 | 2025-11-26 | COIN | Armstrong Brian | COB, CEO, Dir, 10% | M - OptEx | $18.71 | +40.0K | 40.0K | New | +$748.4K |
| DM | 2025-12-10 | 2025-11-26 | COIN | Armstrong Brian | COB, CEO, Dir, 10% | S - Sale+OE | $257.31 | -40.0K | 26.4K | -60% | -$10.29M |
| D | 2025-12-10 | 2025-11-26 | COIN | Armstrong Brian | COB, CEO, Dir, 10% | M - OptEx | $0.00 | -40.0K | 2.67M | -1% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2025-11-26 | M | A | 40,000 | $18.71 | 40,000 | D | — | — | |
| 2 | Common | Class A Common Stock | 2025-11-26 | S | D | 8,049 | $255.47 | 31,951 | D | — | — | (F2) Represents the weighted average sale price. The lowest price at which shares were sold was $254.89 and the highest price at which shares were sold was $255.88. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth in footnotes (2) through (6) to this Form 4. |
| 3 | Common | Class A Common Stock | 2025-11-26 | S | D | 5,094 | $259.15 | 0 | D | — | — | (F6) Represents the weighted average sale price. The lowest price at which shares were sold was $258.89 and the highest price at which shares were sold was $259.45. |
| 4 | Common | Class A Common Stock | 2025-11-26 | S | D | 11,047 | $257.37 | 15,329 | D | — | — | (F4) Represents the weighted average sale price. The lowest price at which shares were sold was $256.89 and the highest price at which shares were sold was $257.88. |
| 5 | Common | Class A Common Stock | 2025-11-26 | S | D | 10,235 | $258.27 | 5,094 | D | — | — | (F5) Represents the weighted average sale price. The lowest price at which shares were sold was $257.89 and the highest price at which shares were sold was $258.84. |
| 6 | Common | Class A Common Stock | 2025-11-26 | S | D | 5,575 | $256.39 | 26,376 | D | — | — | (F3) Represents the weighted average sale price. The lowest price at which shares were sold was $255.89 and the highest price at which shares were sold was $256.88. |
| 7 | Derivative | Employee Stock Option (right to buy) | 2025-11-26 | M | D | 40,000 | $0.00 | 2,673,924 | D | $18.71 · — to 2029-10-30 | 40,000 Class A Common Stock | (F7) The option vests as to 1/48 of the total shares monthly over four years, with the first 1/48 vesting on July 3, 2019 and 100% of the total shares vested and exercisable on June 3, 2023, subject to the Reporting Person's continued service to the Issuer on each vesting date. The option contains an early-exercise provision and is exercisable as to unvested shares, subject to the Issuer's right of repurchase. |