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Armstrong Brian's Form 4 filing

Coinbase Global, Inc. (COIN) · filed Jul 17, 2025

Accession no.
0001679788-25-000145
Filed
Jul 17, 2025, 4:18 PM ET
Trade date
Jul 15-16, 2025
Filing delay
2 days
Rule 10b5-1 plan
Checked

This filing lists 15 non-derivative transactions and 2 derivative transactions. Open-market sales total $151.8M. It was filed 2 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 15, 2025Class A Common StockCConversionAcquired+183,506$0.00F3$0184,032Indirect
Jul 15, 2025Class A Common StockSSaleDisposed−57,476$395.50F4−$22,731,591.32126,556Indirect
Jul 15, 2025Class A Common StockSSaleDisposed−44,199$396.52F5−$17,525,716.7682,357Indirect
Jul 15, 2025Class A Common StockSSaleDisposed−25,517$397.47F6−$10,142,308.3356,840Indirect
Jul 15, 2025Class A Common StockSSaleDisposed−20,027$398.54F7−$7,981,656.7136,813Indirect
Jul 15, 2025Class A Common StockSSaleDisposed−27,862$399.46F8−$11,129,857.618,951Indirect
Jul 15, 2025Class A Common StockSSaleDisposed−8,425$400.17F9−$3,371,451.63526Indirect
Jul 16, 2025Class A Common StockCConversionAcquired+198,300$0.00F3$0198,826Indirect
Jul 16, 2025Class A Common StockSSaleDisposed−28,707$395.46F10−$11,352,541.99170,119Indirect
Jul 16, 2025Class A Common StockSSaleDisposed−36,305$396.54F5−$14,396,228.59133,814Indirect
Jul 16, 2025Class A Common StockSSaleDisposed−44,818$397.41F11−$17,811,188.6188,996Indirect
Jul 16, 2025Class A Common StockSSaleDisposed−34,177$398.54F12−$13,620,901.5854,819Indirect
Jul 16, 2025Class A Common StockSSaleDisposed−34,849$399.69F13−$13,928,786.3619,970Indirect
Jul 16, 2025Class A Common StockSSaleDisposed−14,799$400.39F14−$5,925,436.735,171Indirect
Jul 16, 2025Class A Common StockSSaleDisposed−4,645$401.15F15−$1,863,344.54526Indirect

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 15, 2025Class A Common StockCConversionDisposed−183,506$0.00$023,079,525Indirect
Jul 16, 2025Class A Common StockCConversionDisposed−198,300$0.00$022,881,225Indirect

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 $395.00 and the highest price at which shares were sold was $395.9975. 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 (15) 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 $396.00 and the highest price at which shares were sold was $396.995.

Referenced by the price of 2 transactions in Table I.

F6

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 $397.9875.

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 $398.00 and the highest price at which shares were sold was $398.99.

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 $399.00 and the highest price at which shares were sold was $399.99.

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 $400.00 and the highest price at which shares were sold was $400.63.

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 $395.00 and the highest price at which shares were sold was $395.99.

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 $397.00 and the highest price at which shares were sold was $397.99.

Referenced by the price of 1 transaction in Table I.

F12

Represents the weighted average sale price. The lowest price at which shares were sold was $398.00 and the highest price at which shares were sold was $398.995.

Referenced by the price of 1 transaction in Table I.

F13

Represents the weighted average sale price. The lowest price at which shares were sold was $399.00 and the highest price at which shares were sold was $399.9925.

Referenced by the price of 1 transaction in Table I.

F14

Represents the weighted average sale price. The lowest price at which shares were sold was $400.00 and the highest price at which shares were sold was $400.98.

Referenced by the price of 1 transaction in Table I.

F15

Represents the weighted average sale price. The lowest price at which shares were sold was $401.00 and the highest price at which shares were sold was $401.37.

Referenced by the price of 1 transaction in Table I.

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