Coinbase CEO Plans to Sell 8.1674 Million Shares Worth Approximately $1.31 Billion
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Coinbase's latest quarterly report shows that CEO Brian Armstrong entered into a Rule 10b5-1 trading plan on August 12, intending to sell up to 8.1674 million shares of Class A common stock by exercising vested stock options, contingent upon the stock price meeting certain threshold prices. The expected execution period is from November 16, 2026, to October 22, 2027. The aforementioned shares are valued at approximately $1.31 billion, and co-founder Fred Ehrsam along with executive Emilie Choi have also adopted stock sale plans.
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