Choi Emilie 4

What Happened

• Emilie Choi, President and Chief Operating Officer of Coinbase Global, was granted 121,713 restricted stock units (RSUs) on February 14, 2026. The Form 4 reports the award as a derivative acquisition at $0.00 per unit (code A). The filing records the grant size but does not list a cash purchase price; RSUs convert to shares only upon vesting.

Key Details

• Transaction date: 2026-02-14; Form 4 filed: 2026-02-18.
• Instrument: 121,713 RSUs (derivative award), acquisition price reported as $0.00.
• Shares owned after transaction: not specified in the provided filing.
• Footnotes: F1 — each RSU represents a contingent right to one share of Class A common stock; F2 — RSUs vest in equal quarterly installments over three years, with the first 1/12 vesting on May 20, 2026 and final vesting on Feb 20, 2029, subject to continued service; F3 — RSUs do not expire and are either vested or canceled.
• Transaction code: A (award/grant). No 10b5-1 plan, tax-withholding, or late-filing flag indicated in the provided details.

Context

• RSUs are a form of compensation that convert into shares only as they vest; they are not an immediate open-market purchase or sale and do not by themselves indicate a buy/sell sentiment. This award increases potential future share ownership as vesting occurs per the schedule above.