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Armstrong Brian's Form 4 filing

Coinbase Global, Inc. (COIN) · filed Jul 15, 2025

Accession no.
0001679788-25-000143
Filed
Jul 15, 2025, 4:22 PM ET
Trade date
Jul 11-14, 2025
Filing delay
4 days
Rule 10b5-1 plan
Checked

This filing lists 10 non-derivative transactions and 2 derivative transactions. Open-market sales total $76.3M. It was filed 4 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Armstrong BrianCIK 0001851492Director, Officer (Chairman and CEO), 10% Owner
Brian Armstrong Living TrustCIK 000185670510% Owner

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Jul 11, 2025Class A Common StockCConversionAcquired+27,751$0.00F3$028,277Indirect
Jul 11, 2025Class A Common StockSSaleDisposed−8,434$387.74F4−$3,270,165.4219,843Indirect
Jul 11, 2025Class A Common StockSSaleDisposed−14,499$388.62F5−$5,634,615.885,344Indirect
Jul 11, 2025Class A Common StockSSaleDisposed−2,067$389.28F6−$804,635.773,277Indirect
Jul 11, 2025Class A Common StockSSaleDisposed−2,751$395.18F7−$1,087,136.05526Indirect
Jul 14, 2025Class A Common StockCConversionAcquired+165,443$0.00F3$0165,969Indirect
Jul 14, 2025Class A Common StockSSaleDisposed−113,591$395.37F8−$44,910,201.0552,378Indirect
Jul 14, 2025Class A Common StockSSaleDisposed−33,199$396.48F9−$13,162,586.819,179Indirect
Jul 14, 2025Class A Common StockSSaleDisposed−18,064$397.38F10−$7,178,340.961,115Indirect
Jul 14, 2025Class A Common StockSSaleDisposed−589$398.22F11−$234,553.7526Indirect

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Jul 11, 2025Class A Common StockCConversionDisposed−27,751$0.00$023,428,474Indirect
Jul 14, 2025Class A Common StockCConversionDisposed−165,443$0.00$023,263,031Indirect

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F3

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

Referenced by the price of 2 transactions in Table I.

F4

Represents the weighted average sale price. The lowest price at which shares were sold was $387.12 and the highest price at which shares were sold was $388.10. 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 ranges set forth in footnotes (4) through (11) to this Form 4.

Referenced by the price of 1 transaction in Table I.

F5

Represents the weighted average sale price. The lowest price at which shares were sold was $388.12 and the highest price at which shares were sold was $389.09.

Referenced by the price of 1 transaction in Table I.

F6

Represents the weighted average sale price. The lowest price at which shares were sold was $389.12 and the highest price at which shares were sold was $389.485.

Referenced by the price of 1 transaction in Table I.

F7

Represents the weighted average sale price. The lowest price at which shares were sold was $395.03 and the highest price at which shares were sold was $395.36.

Referenced by the price of 1 transaction in Table I.

F8

Represents the weighted average sale price. The lowest price at which shares were sold was $395.00 and the highest price at which shares were sold was $395.98.

Referenced by the price of 1 transaction in Table I.

F9

Represents the weighted average sale price. The lowest price at which shares were sold was $396.00 and the highest price at which shares were sold was $396.99.

Referenced by the price of 1 transaction in Table I.

F10

Represents the weighted average sale price. The lowest price at which shares were sold was $397.00 and the highest price at which shares were sold was $397.955.

Referenced by the price of 1 transaction in Table I.

F11

Represents the weighted average sale price. The lowest price at which shares were sold was $398.09 and the highest price at which shares were sold was $398.31.

Referenced by the price of 1 transaction in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)