Form 4: Coinbase Director Gokul Rajaram Reports Stock Transactions

Director Gokul Rajaram reports the vesting and subsequent disposal of Coinbase Class A Common Stock and Restricted Stock Units (RSUs).

Summary

• On June 14, 2024, Gokul Rajaram, a director of Coinbase Global, Inc., reported transactions involving Class A Common Stock and Restricted Stock Units (RSUs).
• Rajaram vested 5,934 RSUs, which converted into Class A Common Stock and were then disposed of at a price of $0.
• Additionally, 93 RSUs vested and were disposed of at $0.
• Rajaram also vested 1,492 RSUs, which will vest on the earlier of June 14, 2025, or the date of the next annual meeting of the stockholders of the Issuer.
• Following these transactions, Rajaram directly owns 8,571 shares of Class A Common Stock and 1,492 RSUs.

Sentiment

Score: 5

Explanation: This is a neutral report on stock transactions, with no inherent positive or negative implications for the company's performance.

Future Outlook

The remaining RSUs will vest on the earlier of June 14, 2025, or the date of the next annual meeting of the stockholders, subject to continued service.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common for publicly traded companies like Coinbase.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely negligible.

Key Dates