Coinbase CEO Armstrong plans sale of up to 8.17M shares

Coinbase CEO Brian Armstrong and two other company insiders have adopted stock trading plans covering approximately 13.6 million Class A shares, with potential sales scheduled to begin between November 2026 and January 2027. Summary Coinbase CEO Brian Armstrong, director Fred Ehrsam and President Emilie Choi have adopted trading plans covering approximately 13.6 million Class A shares, according to the company’s latest SEC filing. Armstrong’s plan covers up to 8.17 million shares, with potential sales beginning November 16, 2026, and continuing through October 22, 2027, subject to specified share price conditions. Ehrsam’s arrangement covers up to 3.87 million shares, while Choi’s plan includes approximately 1.56 million identified shares and additional shares tied to future equity awards. All three arrangements were adopted under Rule 10b5-1, which allows company insiders to schedule stock transactions in advance under predetermined conditions. Coinbase separately disclosed that it repurchased 37,995 shares during the third quarter, leaving approximately $1.96 billion available under its authorised share repurchase programme. According to Coinbase’s quarterly SEC filing, the arran...