Form 4: Coinbase Director Frederick R. Wilson Reports Stock Disposal
SEC Form 4 Filing
Frederick R. Wilson, a director at Coinbase Global, Inc., reported the disposal of 10,000 shares of Class A Common Stock on August 5, 2024.
Summary
- On August 5, 2024, Frederick R. Wilson, a director of Coinbase Global, Inc., disposed of 10,000 shares of Class A Common Stock.
- The transaction was reported on August 7, 2024.
- Following the transaction, Wilson directly owns 214,973 shares of Class A Common Stock.
- Wilson also indirectly owns 100,000 shares through The Fred and Joanne Wilson 2012 Delaware Trust and 2,416 shares through FJW Partners, LLC.
Sentiment
Score: 5
Explanation: This is a neutral report of a stock transaction. The sentiment is neither positive nor negative as it simply reflects a director's stock disposal.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the actions of company leadership.
Stakeholder Impact
- The disposal of shares by a director could be perceived negatively by some shareholders, but the impact is likely minimal given the relatively small number of shares involved compared to the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 08/05/2024 | Date of transaction: Disposal of 10,000 shares of Class A Common Stock. |
| 08/07/2024 | Date of report filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.