Form 4: Coinbase CFO Alesia Haas Sells Shares Under 10b5-1 Trading Plan

Coinbase's Chief Financial Officer, Alesia J. Haas, executed multiple sales of Class A Common Stock on August 15, 2024, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Alesia J. Haas, the Chief Financial Officer of Coinbase Global, Inc., sold shares of Class A Common Stock on August 15, 2024.
• The sales were executed under a Rule 10b5-1 trading plan adopted on December 1, 2023.
• A total of 5,250 shares were sold in multiple transactions at weighted average prices of $196.8905 and $197.4282, and a price of $198.26.
• Following the reported transactions, Haas directly owns 177,653 shares of Class A Common Stock.
• Haas also indirectly owns 20,896 shares through ACB 2021, LLC, where she is the sole member.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing related to stock sales by a company executive under a pre-arranged trading plan. It doesn't inherently indicate positive or negative sentiment.

Industry Context

Executive stock sales are a common occurrence in publicly traded companies and are often part of personal financial planning. The use of a 10b5-1 trading plan allows insiders to sell shares at predetermined times and prices, avoiding accusations of insider trading.

Stakeholder Impact

• The stock sales could have a minor impact on shareholders, potentially creating slight downward pressure on the stock price in the short term.

Key Dates