Davies Christa 4

What Happened
Christa Davies, a director of Coinbase Global, reported RSU vesting and related derivative conversions on June 16, 2026. The filing shows awards/conversions totaling 3,559 shares (reported as acquired at $0.00) and disposals/cancellations totaling 1,255 shares, including 88 shares surrendered to cover federal tax withholding at $169.62 per share (total ~$14,927). Net, Davies received 2,304 shares as a result of these transactions. These were vesting/conversion events and a tax-withholding share surrender — routine corporate compensation activity, not an open-market buy or sell.

Key Details

• Transaction date: June 16, 2026; Form 4 filed June 18, 2026 (filed within the typical two-business-day window).
• Reported entries: Award/grant (A) of 2,392 RSUs; exercise/conversion of derivative (M) entries; tax withholding (F) of 88 shares at $169.62 each (≈ $14,927). Acquisitions reported at $0.00 reflect RSU conversion.
• Net shares acquired: 2,304 (3,559 acquired less 1,255 disposed/cancelled).
• Shares owned after transaction: not included in the provided excerpt — see the full Form 4 for total holdings.
• Notable footnotes: vesting of previously granted RSUs; tax withholding performed by delivering/withholding shares (issuer canceled the withheld shares in exchange for paying withholding obligations); some shares are held of record by an irrevocable trust (Reporting Person disclaims beneficial ownership except to extent of pecuniary interest). Each RSU represents a contingent right to one Class A share.

Context
These entries reflect vested RSUs being converted into common stock and the company withholding shares to satisfy tax obligations — a common, administrative insider transaction. This is not an open-market sale or purchase that necessarily signals trading sentiment. For full ownership figures and any additional context, consult the complete Form 4 filing (accession 0001679788-26-000068).