Coinbase (NASDAQ: COIN) CAO logs pre-planned sale of 2,051 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Coinbase Global, Inc. Chief Accounting Officer Jennifer N. Jones sold 2,051 shares of Class A Common Stock on June 5, 2026 in an open-market transaction at an average price of $158.15 per share. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 6, 2026, and her directly held Class A share balance reported after the transaction was zero.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,051 shares ($324,366)
Net Sell
1 txn
Insider
Jones Jennifer N.
Role
Chief Accounting Officer
Sold
2,051 shs ($324K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 2,051 | $158.15 | $324K |
Holdings After Transaction:
Class A Common Stock — 0 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 2,051 shares
Sale price per share: $158.15 per share
Shares after transaction: 0 shares
+2 more
5 metrics
Shares sold
2,051 shares
Class A Common Stock sold on June 5, 2026
Sale price per share
$158.15 per share
Average open-market sale price on June 5, 2026
Shares after transaction
0 shares
Direct Class A holdings reported post-transaction
Net shares sold
2,051 shares
Net-sell direction from transaction summary
Transaction code
S
Sale in open market or private transaction
Key Terms
Rule 10b5-1 trading plan, Class A Common Stock, open-market sale, Form 4
4 terms
Rule 10b5-1 trading plan regulatory
"were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Class A Common Stock financial
"security_title": "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.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Coinbase (COIN) report for Jennifer N. Jones?
Coinbase reported that Chief Accounting Officer Jennifer N. Jones sold 2,051 shares of Class A Common Stock. The transaction occurred on June 5, 2026, as an open-market sale at an average price of $158.15 per share, according to the Form 4 filing.
Was the Coinbase (COIN) insider sale made under a Rule 10b5-1 plan?
Yes. The Form 4 notes the sale was executed under a Rule 10b5-1 trading plan adopted by Jennifer N. Jones on March 6, 2026. Such plans pre-schedule trades, indicating the timing was arranged in advance during an open trading window.
Did the Coinbase (COIN) filing show any option exercises or derivatives for the CAO?
No. The Form 4 lists only a single non-derivative transaction in Class A Common Stock. The derivativeSummary section is empty, indicating no reported option exercises, conversions, or other derivative transactions in connection with this sale.