Form 4: Coinbase Director Kathryn Haun Reports Share Transactions

Sentiment:

SEC Form 4 Filing


Kathryn Haun, a director of Coinbase Global, Inc., reported the acquisition and disposal of Class A Common Stock on March 25, 2024.

Summary

  • On March 25, 2024, Kathryn Haun, a director of Coinbase Global, Inc., reported transactions involving Class A Common Stock.
  • Haun acquired 8,830 shares of Class A Common Stock at $0 per share through a pro rata distribution from AH Equity LSV I, L.L.C.
  • Haun also disposed of 97,701 shares of Class A Common Stock.
  • Additionally, 42,869 shares are held indirectly by Gherardesca LLC, where Haun is one of two investment managers with shared voting and investment power.
  • Haun disclaims beneficial ownership of the shares held by Gherardesca LLC except to the extent of her pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common in the financial industry to ensure transparency and prevent insider trading.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in ownership by a director.

Key Dates

DateDescription
03/25/2024Date of the reported transactions (acquisition and disposal of shares).
03/27/2024Date of signature for the SEC Form 4 filing.

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