STOCK TITAN

Tobias Lütke at Coinbase (NASDAQ: COIN) awarded 2,215 RSUs and 1,100 vest

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Coinbase Global, Inc. director Tobias Lütke reported routine equity compensation activity. On June 16, 2026, 1,100 restricted stock units (RSUs) vested, converting into 1,100 shares of Class A Common Stock, bringing his directly held shares to 14,585. He also received a new grant of 2,215 RSUs, each representing a contingent right to one Class A share, which vest on the earlier of June 16, 2027 or the next annual shareholder meeting, subject to continued service. Separately, 208,830 Class A shares are held by 7910240 Canada Inc., where he is the sole director, and he disclaims beneficial ownership except for any pecuniary interest.

Positive

  • None.

Negative

  • None.
Insider Lutke Tobias
Role null
Type Security Shares Price Value
Grant/Award Restricted Stock Units 2,215 $0.00 --
Exercise Restricted Stock Units 1,100 $0.00 --
Exercise Class A Common Stock 1,100 $0.00 --
holding Class A Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 2,215 shares (Direct, null); Class A Common Stock — 14,585 shares (Direct, null); Class A Common Stock — 208,830 shares (Indirect, By 7910240 Canada Inc.)
Footnotes (1)
  1. Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person. These shares are held of record by 7910240 Canada Inc., of which the Reporting Person is the sole director. The Reporting Person disclaims beneficial ownership of the shares owned by 7910240 Canada Inc., except to the extent of his pecuniary interest therein, if any. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. The RSUs vest on the earlier of June 16, 2027, or the date of the next annual meeting of the shareholders of the Issuer, subject to the Reporting Person's continued service to the Issuer on the vesting date. RSUs do not expire; they either vest or are canceled prior to vesting date. The RSUs vest on the earlier of June 18, 2026, or the date of the next annual meeting of the shareholders of the Issuer, subject to the Reporting Person's continued service to the Issuer on the vesting date.
RSUs vested 1,100 units Converted into 1,100 Class A shares on June 16, 2026
Direct Class A shares after transaction 14,585 shares Held directly by Tobias Lütke following RSU vesting
New RSU grant 2,215 units Each RSU represents one future Class A share
RSU vesting price $0.00 per share Exercise/conversion price for 1,100 vested RSUs
Indirect Class A holdings 208,830 shares Held by 7910240 Canada Inc., associated with Tobias Lütke
Restricted Stock Units financial
"Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of the shares owned by 7910240 Canada Inc."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of his pecuniary interest therein, if any."
Class A Common Stock financial
"Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
vest financial
"The RSUs vest on the earlier of June 16, 2027, or the date of the next annual meeting"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Lutke Tobias

(Last)(First)(Middle)
C/O COINBASE GLOBAL, INC.
ONE MADISON AVENUE, SUITE 2400

(Street)
NEW YORK NEW YORK 10010

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Coinbase Global, Inc. [ COIN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/16/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock06/16/2026M(1)1,100A$014,585D
Class A Common Stock208,830IBy 7910240 Canada Inc.(2)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(3)06/16/2026A2,215 (4) (5)Class A Common Stock2,215$02,215D
Restricted Stock Units(3)06/16/2026M(1)1,100 (6) (5)Class A Common Stock1,100$00D
Explanation of Responses:
1. Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person.
2. These shares are held of record by 7910240 Canada Inc., of which the Reporting Person is the sole director. The Reporting Person disclaims beneficial ownership of the shares owned by 7910240 Canada Inc., except to the extent of his pecuniary interest therein, if any.
3. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
4. The RSUs vest on the earlier of June 16, 2027, or the date of the next annual meeting of the shareholders of the Issuer, subject to the Reporting Person's continued service to the Issuer on the vesting date.
5. RSUs do not expire; they either vest or are canceled prior to vesting date.
6. The RSUs vest on the earlier of June 18, 2026, or the date of the next annual meeting of the shareholders of the Issuer, subject to the Reporting Person's continued service to the Issuer on the vesting date.
Remarks:
/s/ Tobias Lutke, by Lailey Rezai, Attorney-in-Fact06/18/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Tobias Lütke report in his latest Form 4 for Coinbase (COIN)?

Tobias Lütke reported routine equity compensation changes at Coinbase. 1,100 restricted stock units vested into 1,100 Class A shares, and he received a new grant of 2,215 RSUs, reflecting standard director compensation rather than open-market stock purchases or sales.

How many Coinbase (COIN) shares does Tobias Lütke hold directly after this filing?

After the reported RSU vesting, Tobias Lütke directly holds 14,585 shares of Coinbase Class A Common Stock. These shares came partly from 1,100 restricted stock units that vested at a price of $0.00 per share as part of his director compensation package.

What new restricted stock units did Tobias Lütke receive from Coinbase (COIN)?

Tobias Lütke received a new grant of 2,215 restricted stock units from Coinbase. Each RSU represents a contingent right to receive one Class A Common share, vesting on the earlier of June 16, 2027 or the next annual shareholder meeting, subject to continued board service.

When do Tobias Lütke’s new Coinbase (COIN) RSUs vest?

The newly granted 2,215 RSUs vest on the earlier of June 16, 2027, or the date of Coinbase’s next annual shareholder meeting. Vesting is conditioned on Tobias Lütke’s continued service to Coinbase as of the applicable vesting date under the award terms.

How many Coinbase (COIN) shares are held through 7910240 Canada Inc. for Tobias Lütke?

There are 208,830 Coinbase Class A shares held of record by 7910240 Canada Inc. Tobias Lütke is the sole director of this entity and disclaims beneficial ownership of these shares, except to the extent of any pecuniary interest he may have in the company.

Do Tobias Lütke’s reported Coinbase (COIN) transactions involve open-market buying or selling?

The reported Coinbase transactions do not involve open-market buying or selling. They consist of 1,100 RSUs vesting into Class A shares and a grant of 2,215 new RSUs, both typical equity compensation events for a director, with no sale transactions disclosed in this filing.