Coinbase (COIN) director Frederick R. Wilson receives 2,834 RSU award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Coinbase Global director Frederick R. Wilson received a grant of 2,834 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Coinbase Class A Common Stock at no exercise price.
The RSUs vest on the earlier of June 16, 2027, or the date of Coinbase’s next annual shareholder meeting, as long as Wilson continues serving the company through that date. After this grant, his reported RSU holdings from this award total 2,834 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WILSON FREDERICK R
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,834 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,834 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit ("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.
Key Figures
RSUs granted: 2,834 units
Shares per RSU: 1 share per RSU
Exercise price: $0.00 per share
+2 more
5 metrics
RSUs granted
2,834 units
Grant of restricted stock units to director
Shares per RSU
1 share per RSU
Each RSU converts into one Class A share
Exercise price
$0.00 per share
RSU grant has no exercise cost
Holdings after grant
2,834 RSUs
Reported RSUs from this award following transaction
Latest vesting date
June 16, 2027
Vests then or at next annual shareholder meeting
Key Terms
Restricted Stock Units, Class A Common Stock, contingent right, vest, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
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.
Class A Common Stock financial
"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.
contingent right financial
"represents a contingent right to receive one share of the Issuer's Class A Common Stock"
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.
canceled prior to vesting date financial
"RSUs do not expire; they either vest or are canceled prior to vesting date"
FAQ
What insider transaction did COIN director Frederick R. Wilson report?
Frederick R. Wilson reported receiving 2,834 restricted stock units. These RSUs are a stock-based compensation award that converts into Coinbase Class A Common Stock if vesting conditions tied to his continued service are satisfied.
How many Coinbase (COIN) RSUs were granted to Frederick R. Wilson?
Frederick R. Wilson was granted 2,834 restricted stock units. Each unit represents a right to receive one share of Coinbase Class A Common Stock if vesting requirements are met, with no cash exercise price stated for the award.
When do Frederick R. Wilson’s new Coinbase (COIN) RSUs vest?
The RSUs vest on the earlier of June 16, 2027, or Coinbase’s next annual shareholder meeting. Vesting is conditional on Wilson continuing to provide service to Coinbase through the applicable vesting date.
What does each Coinbase (COIN) RSU granted to Frederick R. Wilson represent?
Each RSU represents a contingent right to one share of Coinbase Class A Common Stock. The units have no exercise price and will convert into shares only if the specified vesting conditions are fully satisfied.
Do Frederick R. Wilson’s Coinbase (COIN) RSUs have an expiration date?
The RSUs do not have a traditional expiration date. According to the disclosure, they either vest and convert into Class A shares or are canceled if vesting conditions are not met before the scheduled vesting event.