Coinbase Officers and Director Adopt Plans Covering 13.6 Million Listed Shares

Two Coinbase officers and one nonemployee director adopted Rule 10b5-1 plans covering 13,594,519 specifically listed shares, valued at about $2.18 billion at the Oct. 29 close; one plan also covers an undetermined number of additional shares. Chief Executive Brian Armstrong’s plan covers up to 8,167,446 shares tied to the exercise of vested stock options. Its estimated sale period runs from Nov. 16, 2026, to Oct. 22, 2027. Sales depend on COIN reaching preset price thresholds.