StockDriftsCoinbase Global, Inc. · COIN · 4 · Filed
Director Frederick R Wilson sells $1.79M of Class A Common Stock
Source: SEC EDGAR, accession 0001679788-26-000106
What did Coinbase Global, Inc. announce?
Director Frederick R Wilson sold 10,000 shares of Class A Common Stock for a total value of $1,789,295.04.
Frederick R Wilson, a director at Coinbase Global, Inc., has filed a Form 4 with the SEC, reporting the sale of Class A Common Stock. The filing indicates that Mr. Wilson sold a total of 10,000 shares through a series of transactions on September 1, 2026. These sales were executed at various price points, ranging from $176.12 to $182.57 per share.
The transactions were carried out under a Rule 10b5-1 trading plan, which allows company insiders to set up a predetermined plan to sell company stock at a future date. This plan helps insiders avoid accusations of trading on material non-public information. Following these transactions, Mr. Wilson's indirect beneficial ownership of Class A Common Stock through the Fred and Joanne Wilson 2012 Delaware Trust now stands at 0 shares.
However, the filing also shows that Mr. Wilson still indirectly holds 184,973 shares of Class A Common Stock and an additional 2,416 shares through FJW Partners, LLC. The filing does not provide details on the previous holdings in the Fred and Joanne Wilson 2012 Delaware Trust, making it difficult to assess the full scale of the reduction in that specific holding compared to prior reports.
Key details
- Frederick R Wilson, a Director, sold shares.
- The transaction involved 10,000 shares.
- The total value of the transaction was $1,789,295.04.
- The sale was made under a 10b5-1 plan.
Why it matters
This 4 reports an insider transaction at Coinbase Global, Inc.. The likely share-price reaction reads as negative.