Brock Lawrence J 4
4 · Coinbase Global, Inc. · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
Coinbase (COIN) CPO Brock Lawrence Sells 4,821 Shares
What Happened
Brock Lawrence, Coinbase's Chief People Officer, sold a total of 4,821 COIN shares in open-market transactions on February 24, 2026, generating approximately $744,326 in proceeds. The sales were executed in four tranches: 1,680 shares at a weighted average price of $153.40 (≈ $257,710); 1,840 shares at $154.40 (≈ $284,088); 621 shares at $155.23 (≈ $96,400); and 680 shares at $156.07 (≈ $106,128). These were sales (not purchases).
Key Details
- Transaction date: February 24, 2026; Form 4 filed February 26, 2026 (appears timely).
- Per-tranche weighted average prices and proceeds:
- 1,680 shares @ $153.40 (≈ $257,710) — price range reported $152.88–$153.73.
- 1,840 shares @ $154.40 (≈ $284,088) — price range reported $153.95–$154.78.
- 621 shares @ $155.23 (≈ $96,400) — price range reported $154.96–$155.89.
- 680 shares @ $156.07 (≈ $106,128) — price range reported $156.00–$156.30.
- Total shares sold: 4,821; total proceeds: ≈ $744,326 (sum of reported proceeds).
- Footnote highlights:
- Trades were effected pursuant to a Rule 10b5-1 trading plan adopted Dec 2, 2024 (pre‑arranged trading plan).
- Some shares are held of record by 4JMB LLC, for which Lawrence is the sole member; he disclaims beneficial ownership except to the extent of any pecuniary interest.
- Shares owned after the transaction are not specified in the provided filing excerpt.
Context
Sales executed under a Rule 10b5-1 plan are typically pre-scheduled and can be routine, so they do not necessarily indicate a change in the insider’s view of the company. For retail investors, purchases are often more informative about insider confidence; sales can reflect diversification or pre-set commitments.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2]2026-02-24$153.40/sh−1,680$257,710→ 3,638 total - Sale
Class A Common Stock
[F1][F3]2026-02-24$154.40/sh−1,840$284,088→ 1,798 total - Sale
Class A Common Stock
[F1][F4]2026-02-24$155.23/sh−621$96,400→ 1,177 total - Sale
Class A Common Stock
[F1][F5]2026-02-24$156.07/sh−680$106,128→ 497 total
- 20,727(indirect: By LLC)
Class A Common Stock
[F6]
Footnotes (6)
- [F1]The transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 2, 2024, during an open trading window.
- [F2]Represents the weighted average sale price. The lowest price at which shares were sold was $152.88 and the highest price at which shares were sold was $153.73. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the ranges set forth in footnotes (2) through (5) to this Form 4.
- [F3]Represents the weighted average sale price. The lowest price at which shares were sold was $153.95 and the highest price at which shares were sold was $154.78.
- [F4]Represents the weighted average sale price. The lowest price at which shares were sold was $154.96 and the highest price at which shares were sold was $155.89.
- [F5]Represents the weighted average sale price. The lowest price at which shares were sold was $156.00 and the highest price at which shares were sold was $156.30.
- [F6]These shares are held of record by 4JMB LLC, of which the Reporting Person is the sole member. The Reporting Person disclaims beneficial ownership of the shares owned by 4JMB LLC, except to the extent of his pecuniary interest therein, if any.