Insider trade

CFO sold ~$791K of COIN shares in the open market

Traded Dec 15, 2025 · Filed Dec 17, 2025

CoinbaseCOIN

~$791K
Reported value · 2,950 sh @ $268.00: 79K
Holds after · shares reported: -24.4%
stock since the trade · S&P 500 +12.2%, $250.42 → $189.29 on Oct 1

Why it stands out

Sold under a plan set up in advance, so the timing wasn't a fresh decision

Sold under a plan set up in advance, so the timing wasn't a fresh decision
Sold 4% of their holdings
Routine for them: 10 sales in the past year
8 insiders at Coinbase sold within a month

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Dec 15, 2025
Reporting period: Not applicable
Filed with the SEC: Dec 17, 2025

CFO$500K–$1MPre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$790,600

Shares × reported transaction price

Timing vs results

46 days after results of Oct 30, 2025, 59 days before results of Feb 12, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $250.42 on Dec 15, 2025, 65% above its 52-week low and 40% below its high, after a 27% drop over the previous 30 trading days

52-week range $151.47 (Apr 8, 2025) to $419.78 (Jul 18, 2025), 37% of the way up, from 250 adjusted closes. 30 trading days earlier: $343.78 on Oct 31, 2025. Describes the past only, not a forecast

Planned / mechanical clue

Footnote references a pre-arranged trading plan (Rule 10b5-1)

Only flagged when a footnote says so; never inferred

Securities lawsuit open at the trade date

A securities lawsuit naming the company as a defendant was filed on Nov 4, 2025 in the U.S. District Court, S.D. New York. A filing is an allegation, not a finding.

5 such cases were open. Heabeart v. Coinbase, Inc., docket 1:25-cv-09197, via CourtListener (court records). Nature of suit 850, company named as first defendant

After it was reported

After	Stock	S&P 500	Difference
7 days	-1.0%	+2.0%	-3.0%
30 days	-4.8%	+0.2%	-5.0%
90 days	-15.4%	-2.2%	-13.2%
180 days	-29.2%	+10.9%	-40.1%

Past results only. Not a forecast.

Source receipt

Record ID: 0001668711-25-000011
Filed / recorded: Dec 17, 2025, 9:43 PM UTC
Added to OQRO: Oct 1, 2026, 11:17 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: Coinbase Global, Inc.
Issuer CIK: 1679788
Ticker: COIN
Reporting person: Alesia J Haas
Relationship: Officer
Officer title: CHIEF FINANCIAL OFFICER
Security: Class A Common Stock
Table: Non-derivative (Table I)
Transaction date: Dec 15, 2025
Transaction code: S
Shares / units: 2,950
Price per share: $268.00
Acquired / disposed: Disposed (D)
Shares owned after: 78,714
Ownership form: Direct
Amendment: No

Footnotes from the filing

The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 3, 2025, during an open trading window.

Around the same time

CFO sold ~$998K of Coinbase

Scheduled in advance9mo ago

CFO sold ~$1.01M of Coinbase

Scheduled in advance9mo ago

9mo ago

2,750Shares

Derivative exercise or conversion — not an open-market buy.

Why it stands out Official record