Jones Jennifer N. 4

What Happened
Jennifer N. Jones, Chief Accounting Officer of Coinbase Global, sold a total of 1,102 shares in four open-market transactions on February 24, 2026. The individual trades reported: 440 shares at $153.36 ($67,480); 320 shares at $154.41 ($49,410); 302 shares at $155.59 ($46,989); and 40 shares at $156.05 ($6,242), for aggregate proceeds of approximately $170,121. These were sales (routine liquidity), not purchases.

Key Details

• Transaction date: 2026-02-24 (reported on Form 4 filed 2026-02-26). Filing appears timely (Form 4 is typically due within two business days).
• Type: Open-market sale (code S). Total shares sold: 1,102; total proceeds: ~$170,121.
• Per-trade breakdown:
  • 440 shares @ $153.36 = $67,480
  • 320 shares @ $154.41 = $49,410
  • 302 shares @ $155.59 = $46,989
  • 40 shares @ $156.05 = $6,242
• Footnotes:
  • F1 — Transactions were executed pursuant to a Rule 10b5-1 trading plan adopted Dec 3, 2024 (trades planned during an open trading window).
  • F2–F4 — Notes indicate the reported prices are weighted-average sale prices and provide low/high ranges for the sales (F2: $152.93–$153.75; F3: $154.03–$154.73; F4: $155.05–$156.00). The reporting person offers to provide per-price sale breakdowns on request.
• Shares owned after the transaction: not provided in the excerpt of the filing.

Context
These sales were made under a pre-established 10b5-1 plan, which is a common mechanism for insiders to sell shares on a preset schedule and typically reduces the inference that a sale reflects new private information. For retail investors, purchases are generally more informative about insider conviction; routine sales under 10b5-1 plans are often for diversification or liquidity and should not be over-interpreted as a signal about company fundamentals.