Brock Lawrence J 4

What Happened

• Brock Lawrence, Chief People Officer of Coinbase Global, was granted 54,771 restricted stock units (RSUs) on February 14, 2026. The grant is recorded at $0.00 per share (a derivative award), meaning these are compensation RSUs that convert to Class A common stock upon vesting rather than an open-market purchase.

Key Details

• Transaction date: 2026-02-14; filing date: 2026-02-18 (filed within required period).
• Instrument: 54,771 RSUs (derivative award) recorded at $0.00 per share.
• Vesting: RSUs vest in equal quarterly installments over three years — first 1/12 vests on May 20, 2026; fully vested on Feb 20, 2029 (per footnotes). RSUs do not expire; they either vest or are canceled prior to vesting.
• Shares owned after transaction: Not specified in the Form 4 filing.
• Footnotes: F1 confirms each RSU converts to one share of Class A common stock upon vesting; F2/F3 detail the vesting schedule and non-expiration.

Context

• This is a compensation grant (award), not a purchase or sale. RSU grants are common executive compensation and do not by themselves indicate buying or selling sentiment — they represent contingent rights to shares that will be delivered if and when vesting conditions are met.