Frederick Ernest Ehrsam III - 06 Nov 2025 Form 4 Insider Report for Coinbase Global, Inc. (COIN)

Role
Director
Signature
/s/ Frederick Ernest Ehrsam III, by Lailey Rezai, Attorney-in-Fact
Issuer symbol
COIN
Transactions as of
06 Nov 2025
Net transactions value
-$91,624,487
Form type
4
Filing time
10 Nov 2025, 16:12:41 UTC
Previous filing
23 Jun 2025
Next filing
13 Nov 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Ehrsam Frederick Ernest III Director C/O COINBASE GLOBAL, INC., ONE MADISON AVENUE, SUITE 2400, NEW YORK /s/ Frederick Ernest Ehrsam III, by Lailey Rezai, Attorney-in-Fact 10 Nov 2025 0001851442

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COIN Class A Common Stock Conversion of derivative security $0 +277,074 $0.000000 277,074 06 Nov 2025 By The Frederick Ernest Ehrsam III Living Trust F1, F2, F3
transaction COIN Class A Common Stock Sale $11,467,878 -37,342 -13% $307.10 239,732 06 Nov 2025 By The Frederick Ernest Ehrsam III Living Trust F2, F4
transaction COIN Class A Common Stock Sale $8,282,949 -26,889 -11% $308.04 212,843 06 Nov 2025 By The Frederick Ernest Ehrsam III Living Trust F2, F5
transaction COIN Class A Common Stock Sale $20,906,378 -67,663 -32% $308.98 145,180 06 Nov 2025 By The Frederick Ernest Ehrsam III Living Trust F2, F6
transaction COIN Class A Common Stock Sale $13,397,040 -43,221 -30% $309.97 101,959 06 Nov 2025 By The Frederick Ernest Ehrsam III Living Trust F2, F7
transaction COIN Class A Common Stock Sale $12,462,408 -40,072 -39% $311.00 61,887 06 Nov 2025 By The Frederick Ernest Ehrsam III Living Trust F2, F8
transaction COIN Class A Common Stock Sale $11,005,463 -35,288 -57% $311.88 26,599 06 Nov 2025 By The Frederick Ernest Ehrsam III Living Trust F2, F9
transaction COIN Class A Common Stock Sale $3,643,300 -11,644 -44% $312.89 14,955 06 Nov 2025 By The Frederick Ernest Ehrsam III Living Trust F2, F10
transaction COIN Class A Common Stock Sale $2,348,913 -7,481 -50% $313.98 7,474 06 Nov 2025 By The Frederick Ernest Ehrsam III Living Trust F2, F11
transaction COIN Class A Common Stock Sale $1,567,293 -4,978 -67% $314.84 2,496 06 Nov 2025 By The Frederick Ernest Ehrsam III Living Trust F2, F12
transaction COIN Class A Common Stock Sale $788,572 -2,496 -100% $315.93 0 06 Nov 2025 By The Frederick Ernest Ehrsam III Living Trust F2, F13
transaction COIN Class A Common Stock Conversion of derivative security $0 +19,927 $0.000000 19,927 07 Nov 2025 By The Frederick Ernest Ehrsam III Living Trust F1, F2, F3
transaction COIN Class A Common Stock Sale $372,999 -1,303 -6.5% $286.26 18,624 07 Nov 2025 By The Frederick Ernest Ehrsam III Living Trust F2, F14
transaction COIN Class A Common Stock Sale $913,030 -3,178 -17% $287.30 15,446 07 Nov 2025 By The Frederick Ernest Ehrsam III Living Trust F2, F15
transaction COIN Class A Common Stock Sale $1,658,612 -5,756 -37% $288.15 9,690 07 Nov 2025 By The Frederick Ernest Ehrsam III Living Trust F2, F16
transaction COIN Class A Common Stock Sale $1,413,015 -4,887 -50% $289.14 4,803 07 Nov 2025 By The Frederick Ernest Ehrsam III Living Trust F2, F17
transaction COIN Class A Common Stock Sale $747,946 -2,576 -54% $290.35 2,227 07 Nov 2025 By The Frederick Ernest Ehrsam III Living Trust F2, F18
transaction COIN Class A Common Stock Sale $637,019 -2,187 -98% $291.28 40 07 Nov 2025 By The Frederick Ernest Ehrsam III Living Trust F2, F19
transaction COIN Class A Common Stock Sale $11,670 -40 -100% $291.76 0 07 Nov 2025 By The Frederick Ernest Ehrsam III Living Trust F2
holding COIN Class A Common Stock 11,881 06 Nov 2025 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction COIN Class B Common Stock Conversion of derivative security $0 -277,074 -4.7% $0.000000 5,605,338 06 Nov 2025 Class A Common Stock 277,074 By The Frederick Ernest Ehrsam III Living Trust F1, F2, F3
transaction COIN Class B Common Stock Conversion of derivative security $0 -19,927 -0.36% $0.000000 5,585,411 07 Nov 2025 Class A Common Stock 19,927 By The Frederick Ernest Ehrsam III Living Trust F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents the conversion of Class B Common Stock held of record by The Frederick Ernest Ehrsam III Living Trust into Class A Common Stock.
F2 The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 7, 2025, during an open trading window.
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.
F4 Represents the weighted average sale price. The lowest price at which shares were sold was $306.50 and the highest price at which shares were sold was $307.495. 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 (20) to this Form 4.
F5 Represents the weighted average sale price. The lowest price at which shares were sold was $307.50 and the highest price at which shares were sold was $308.49.
F6 Represents the weighted average sale price. The lowest price at which shares were sold was $308.50 and the highest price at which shares were sold was $309.49.
F7 Represents the weighted average sale price. The lowest price at which shares were sold was $309.50 and the highest price at which shares were sold was $310.49.
F8 Represents the weighted average sale price. The lowest price at which shares were sold was $310.50 and the highest price at which shares were sold was $311.49.
F9 Represents the weighted average sale price. The lowest price at which shares were sold was $311.50 and the highest price at which shares were sold was $312.49.
F10 Represents the weighted average sale price. The lowest price at which shares were sold was $312.50 and the highest price at which shares were sold was $313.49.
F11 Represents the weighted average sale price. The lowest price at which shares were sold was $313.50 and the highest price at which shares were sold was $314.49.
F12 Represents the weighted average sale price. The lowest price at which shares were sold was $314.50 and the highest price at which shares were sold was $315.38.
F13 Represents the weighted average sale price. The lowest price at which shares were sold was $315.58 and the highest price at which shares were sold was $316.49.
F14 Represents the weighted average sale price. The lowest price at which shares were sold was $285.74 and the highest price at which shares were sold was $286.73.
F15 Represents the weighted average sale price. The lowest price at which shares were sold was $286.755 and the highest price at which shares were sold was $287.725.
F16 Represents the weighted average sale price. The lowest price at which shares were sold was $287.75 and the highest price at which shares were sold was $288.73.
F17 Represents the weighted average sale price. The lowest price at which shares were sold was $288.74 and the highest price at which shares were sold was $289.68.
F18 Represents the weighted average sale price. The lowest price at which shares were sold was $289.80 and the highest price at which shares were sold was $290.73.
F19 Represents the weighted average sale price. The lowest price at which shares were sold was $290.78 and the highest price at which shares were sold was $291.69.