Coinbase CEO Brian Armstrong and 2 Insiders File to Sell Up to $2B in Stock

Coinbase CEO Brian Armstrong and two other insiders filed Rule 10b5-1 plans that let them schedule share sales in advance, with potential sales starting in November 2026 and January 2027. The filing covers up to 13.59 million Class A shares, and at the October 29 closing price of $160.59, they carry a notional value of about $2.18 billion. According to the document deposited with the SEC, Armstrong adopted his plan on August 12, and it allows for the sale of as many as 8.1 million shares tied to the exercise of vested stock options, with transactions scheduled to kick off…