Emilie Choi - 20 Feb 2026 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
20 Feb 2026
Net transactions value
-$27,923,554
Form type
4
Filing time
24 Feb 2026, 16:55:10 UTC
Previous filing
18 Feb 2026

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 24 Feb 2026 0001851658

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COIN Class A Common Stock Options Exercise $0 +160,793 +44% $0.000000 525,333 20 Feb 2026 Direct F1
transaction COIN Class A Common Stock Options Exercise $0 +160,793 +31% $0.000000 686,126 20 Feb 2026 Direct F1
transaction COIN Class A Common Stock Options Exercise $0 +11,738 +1.7% $0.000000 697,864 20 Feb 2026 Direct F1
transaction COIN Class A Common Stock Options Exercise $0 +6,075 +0.87% $0.000000 703,939 20 Feb 2026 Direct F1
transaction COIN Class A Common Stock Tax liability $27,923,554 -168,275 -24% $165.94 535,664 20 Feb 2026 Direct F2
holding COIN Class A Common Stock 57,610 20 Feb 2026 By Sixers LLC F3
holding COIN Class A Common Stock 23,199 20 Feb 2026 By Starvurst Non-Exempt Trust F4
holding COIN Class A Common Stock 49,643 20 Feb 2026 By Starvurst Exempt Trust F5

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 Restricted Stock Units Options Exercise $0 -160,793 -100% $0.000000 0 20 Feb 2026 Class A Common Stock 160,793 $0.000000 Direct F1, F6, F7, F8, F9
transaction COIN Restricted Stock Units Options Exercise $0 -160,793 -100% $0.000000 0 20 Feb 2026 Class A Common Stock 160,793 $0.000000 Direct F1, F7, F8, F9, F10
transaction COIN Restricted Stock Units Options Exercise $0 -6,075 -11% $0.000000 48,607 20 Feb 2026 Class A Common Stock 6,075 $0.000000 Direct F1, F7, F9, F11
transaction COIN Restricted Stock Units Options Exercise $0 -11,738 -25% $0.000000 35,213 20 Feb 2026 Class A Common Stock 11,738 $0.000000 Direct F1, F7, F9, F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person.
F2 Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of RSUs.
F3 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.
F4 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.
F5 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.
F6 Represents the number of RSUs earned as a result of the achievement of performance criteria based on cumulative adjusted EBITDA pursuant to a performance-based RSU award with a performance period that ended on December 31, 2025, as certified by the Issuer's Compensation Committee on January 10, 2026. The RSUs vest on February 20, 2026.
F7 Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F8 The RSUs vest on February 20, 2026.
F9 RSUs do not expire; they either vest or are canceled prior to vesting date.
F10 Represents the number of RSUs earned as a result of the achievement of performance criteria based on cumulative revenue pursuant to a performance-based RSU award with a performance period that ended on December 31, 2025, as certified by the Issuer's Compensation Committee on January 10, 2026. The RSUs vest on February 20, 2026.
F11 The RSUs vest in equal quarterly installments over three years, with the first 1/12 vesting on May 20, 2025, until the award is fully vested on February 20, 2028, subject to the Reporting Person's continued service to the Issuer on each vesting date.
F12 The RSUs vest in equal quarterly installments over three years, with the first 1/12 vesting on February 20, 2024, until the award is fully vested on November 20, 2026, subject to the Reporting Person's continued service to the Issuer on each vesting date.