Emilie Choi - 11 Nov 2025 Form 4 Insider Report for Coinbase Global, Inc. (COIN)

Signature
/s/ Emilie Choi, by Lailey Rezai, Attorney-in-Fact
Issuer symbol
COIN
Transactions as of
11 Nov 2025
Net transactions value
-$31,087,593
Form type
4
Filing time
13 Nov 2025, 16:16:54 UTC
Previous filing
22 Aug 2025
Next filing
24 Nov 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Choi Emilie President & COO C/O COINBASE GLOBAL, INC., ONE MADISON AVENUE, SUITE 2400, NEW YORK /s/ Emilie Choi, by Lailey Rezai, Attorney-in-Fact 13 Nov 2025 0001851658

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 +100,000 +53% $0.000000 287,802 11 Nov 2025 Direct F1, F2, F3
transaction COIN Class A Common Stock Sale $3,345,716 -11,004 -3.8% $304.05 276,798 11 Nov 2025 Direct F1, F4
transaction COIN Class A Common Stock Sale $764,178 -2,504 -0.9% $305.18 274,294 11 Nov 2025 Direct F1, F5
transaction COIN Class A Common Stock Sale $465,622 -1,520 -0.55% $306.33 272,774 11 Nov 2025 Direct F1, F6
transaction COIN Class A Common Stock Sale $579,494 -1,886 -0.69% $307.26 270,888 11 Nov 2025 Direct F1, F7
transaction COIN Class A Common Stock Sale $282,295 -916 -0.34% $308.18 269,972 11 Nov 2025 Direct F1, F8
transaction COIN Class A Common Stock Sale $1,313,338 -4,241 -1.6% $309.68 265,731 11 Nov 2025 Direct F1, F9
transaction COIN Class A Common Stock Sale $1,684,885 -5,421 -2% $310.81 260,310 11 Nov 2025 Direct F1, F10
transaction COIN Class A Common Stock Sale $8,841,037 -28,375 -11% $311.58 231,935 11 Nov 2025 Direct F1, F11
transaction COIN Class A Common Stock Sale $9,191,596 -29,424 -13% $312.38 202,511 11 Nov 2025 Direct F1, F12
transaction COIN Class A Common Stock Sale $2,797,294 -8,920 -4.4% $313.60 193,591 11 Nov 2025 Direct F1, F13
transaction COIN Class A Common Stock Sale $1,444,716 -4,594 -2.4% $314.48 188,997 11 Nov 2025 Direct F1, F14
transaction COIN Class A Common Stock Sale $301,430 -955 -0.51% $315.63 188,042 11 Nov 2025 Direct F1, F15
transaction COIN Class A Common Stock Sale $75,994 -240 -0.13% $316.64 187,802 11 Nov 2025 Direct F1, F16
holding COIN Class A Common Stock 57,610 11 Nov 2025 By Sixers LLC F17
holding COIN Class A Common Stock 23,199 11 Nov 2025 By Starvurst Non-Exempt Trust F18
holding COIN Class A Common Stock 49,643 11 Nov 2025 By Starvurst Exempt Trust F19

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 Employee Stock Option (right to buy) Options Exercise $0 -100,000 -91% $0.000000 10,000 11 Nov 2025 Class B Common Stock 100,000 $6.97 Direct F1, F20
transaction COIN Class B Common Stock Options Exercise $0 +100,000 $0.000000 100,000 11 Nov 2025 Class A Common Stock 100,000 Direct F1, F3
transaction COIN Class B Common Stock Conversion of derivative security $0 -100,000 -100% $0.000000 0 11 Nov 2025 Class A Common Stock 100,000 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 12, 2025, during an open trading window.
F2 Represents the conversion of Class B Common Stock held of record by the Reporting Person into Class A Common Stock.
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 $303.75 and the highest price at which shares were sold was $304.73. 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 (16) to this Form 4.
F5 Represents the weighted average sale price. The lowest price at which shares were sold was $304.75 and the highest price at which shares were sold was $305.72.
F6 Represents the weighted average sale price. The lowest price at which shares were sold was $305.77 and the highest price at which shares were sold was $306.75.
F7 Represents the weighted average sale price. The lowest price at which shares were sold was $306.80 and the highest price at which shares were sold was $307.79.
F8 Represents the weighted average sale price. The lowest price at which shares were sold was $307.81 and the highest price at which shares were sold was $308.79.
F9 Represents the weighted average sale price. The lowest price at which shares were sold was $309.00 and the highest price at which shares were sold was $309.94.
F10 Represents the weighted average sale price. The lowest price at which shares were sold was $310.09 and the highest price at which shares were sold was $311.08.
F11 Represents the weighted average sale price. The lowest price at which shares were sold was $311.09 and the highest price at which shares were sold was $312.08.
F12 Represents the weighted average sale price. The lowest price at which shares were sold was $312.09 and the highest price at which shares were sold was $313.07.
F13 Represents the weighted average sale price. The lowest price at which shares were sold was $313.10 and the highest price at which shares were sold was $314.09.
F14 Represents the weighted average sale price. The lowest price at which shares were sold was $314.10 and the highest price at which shares were sold was $315.08.
F15 Represents the weighted average sale price. The lowest price at which shares were sold was $315.16 and the highest price at which shares were sold was $316.00.
F16 Represents the weighted average sale price. The lowest price at which shares were sold was $316.18 and the highest price at which shares were sold was $316.75.
F17 These shares are held by Sixers LLC, of which the Coinbase Annuity Trust is the sole member. The Reporting Person's spouse is the trustee of the Coinbase Annuity Trust. The Reporting Person disclaims beneficial ownership of these shares except to the extent of her pecuniary interest therein, if any.
F18 These shares are held by the Starvurst Non-Exempt Trust, of which the Reporting Person's spouse is a co-trustee. The Reporting Person disclaims beneficial ownership of these shares except to the extent of her pecuniary interest therein, if any.
F19 These shares are held by the Starvurst Exempt Trust, of which the Reporting Person's spouse is a co-trustee. The Reporting Person disclaims beneficial ownership of these shares except to the extent of her pecuniary interest therein, if any.
F20 The options vest in equal increments on the 5th day of each month until the options are fully vested on March 5, 2022, subject to the Reporting Person's continued service to the Issuer on each vesting date. The option contains an early-exercise provision and is exercisable as to unvested shares, subject to the Issuer's right of repurchase.