HAAS ALESIA J 4

What Happened

• Alesia J. Haas, Chief Financial Officer of Coinbase Global (COIN), had RSUs vest on May 20, 2026. A total of 16,816 shares underlying RSUs converted to Common Stock (reported as derivative conversion/exercise, code M).
• To cover tax withholding, 8,339 of those shares were relinquished (reported under transaction code F) at $193.45 per share for a total withholding value of $1,613,180.
• Net shares added to her holdings from this vesting event were 8,477 shares (16,816 vested minus 8,339 withheld). This was a vesting/tax-withholding transaction (routine), not an open-market sale or purchase.

Key Details

• Transaction date: May 20, 2026; Form filed May 22, 2026 (appears timely).
• Withholding price and value: $193.45 per share; 8,339 shares = $1,613,180.
• Net shares retained from the vesting: 8,477 shares.
• Relevant footnotes: F1–F3 confirm these were RSUs (each RSU = one share) that vested; F2 explains shares were relinquished/cancelled in exchange for the issuer paying federal/state tax withholding; F4–F7 describe vesting schedules for different RSU grants.
• Transaction codes: M = exercise/conversion of a derivative (RSU conversion to shares); F = payment of tax liability via share withholding.
• Total post-transaction holdings are not provided in the supplied data.

Context

• This was a typical RSU vesting event with shares withheld to cover taxes (a form of cashless exercise/withholding), which is routine for executives and does not by itself signal a buy/sell view.
• For retail investors, vesting/withholding events are largely administrative; purchases (P) or open-market sales (S) are more indicative of deliberate insider buying or selling activity.