Coinbase CEO Plans to Sell Up to 8.1674 Million Shares, Worth About $1.31 Billion

October 30 — Coinbase's latest quarterly report (10-Q) shows that CEO Brian Armstrong entered into a Rule 10b5-1 trading plan on August 12, intending to sell up to 8.1674 million Class A common shares by exercising vested stock options, provided the share price meets specific threshold prices, with an expected execution period from November 16, 2026 to October 22, 2027. According to The Defiant, those shares are worth about $1.31 billion, and co-founder Fred Ehrsam and executive Emilie Choi have also adopted stock sale plans.