Coinbase executives plan to sell up to 13.6 million COIN shares, valued at approximately $2.2 billion.
Oct 30, 10:55
October 30 - According to BeInCrypto citing Coinbase's Q3 SEC filing, Coinbase CEO Brian Armstrong, co-founder Fred Ehrsam, and President Emilie Choi have each established Rule 10b5-1 stock selling plans, intending to sell up to approximately 13.6 million shares of COIN in total, valued at approximately $2.2 billion based on the closing price on October 29.
Among them, Armstrong plans to sell up to approximately 8.17 million shares between November 16, 2026, and October 2027, with such sales only executed when the stock price reaches predetermined thresholds and not representing completed divestment.