Coinbase Global: director Marc L Andreessen sold 20,514 shares

What happened Marc L Andreessen, a director, sold a total of 20,514 shares in open-market sales. The filing reports 13,676 shares sold at $186.18 on Oct 1, 2026, for $2,546,198, and 6,838 shares sold at $198.00 on Oct 2, 2026, for $1,353,924, for total proceeds of $3,900,122.

Key details

• Transaction dates and prices: Oct 1, 2026 — 13,676 shares at $186.18 ($2,546,198); Oct 2, 2026 — 6,838 shares at $198.00 ($1,353,924).
• Total shares sold: 20,514 for total proceeds of $3,900,122.
• Filing date and accession: filed Oct 5, 2026 (Accession No. 0001160077-26-000010).
• Shares owned after the transactions: not reported in the provided filing excerpt.
• Footnotes: F1 — sales were effected pursuant to a Rule 10b5-1 trading plan adopted Jun 5, 2026, during an open trading window. F2 — some securities are held of record by the LAMA Community Trust, of which the reporting person and spouse are trustees. F3 — some securities are held of record by AD Holdings, LLC, of which the reporting person is a manager; the reporting person disclaims membership in any group and disclaims beneficial ownership of securities held by AD Holdings, LLC except to the extent of any pecuniary interest.
• Filing timeliness: the filing date is Oct 5, 2026; the filing excerpt does not specify a tardiness code.

Why it may matter

• Transaction type: open-market sales executed pursuant to a Rule 10b5-1 plan (per F1).
• Not an option exercise or a gift (the filing reports open-market sales). A filing does not show why the insider traded or why the company acted.