Coinbase Global, Inc. — Director's Dealing 2025

Nov 24, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Coinbase Global, Inc. (COIN)
CIK: 0001679788
Period of Report: 2025-11-20

Reporting Person: Choi Emilie (President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-11-20	Class A Common Stock	M	11166	—	Acquired	198990	Direct
2025-11-20	Class A Common Stock	M	11738	—	Acquired	210728	Direct
2025-11-20	Class A Common Stock	M	6076	—	Acquired	216804	Direct
2025-11-20	Class A Common Stock	F	14370	$257.29	Disposed	202434	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-11-20	Restricted Stock Units	$0	M	11166	Disposed		Class A Common Stock (11166)	Direct
2025-11-20	Restricted Stock Units	$0	M	11738	Disposed		Class A Common Stock (11738)	Direct
2025-11-20	Restricted Stock Units	$0	M	6076	Disposed		Class A Common Stock (6076)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	49643	Indirect
Class A Common Stock	23199	Indirect
Class A Common Stock	57610	Indirect

Footnotes

F1: Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person.

F2: Includes 22 shares acquired on November 14, 2025, pursuant to the Issuer's 2021 Employee Stock Purchase Plan.

F3: Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of RSUs.

F4: These shares are held by the Starvurst Exempt Trust, of which the Reporting Person's spouse is a co-trustee. The Reporting Person disclaims beneficial ownership of these shares except to the extent of her pecuniary interest therein, if any.

F5: These shares are held by the Starvurst Non-Exempt Trust, of which the Reporting Person's spouse is a co-trustee. The Reporting Person disclaims beneficial ownership of these shares except to the extent of her pecuniary interest therein, if any.

F6: These shares are held by Sixers LLC, of which the Reporting Person and the Starvurst Non-Exempt Trust are members. The Reporting Person's spouse is a co-trustee of the Starvurst Non-Exempt Trust. The Reporting Person disclaims beneficial ownership of these shares except to the extent of her pecuniary interest therein, if any.

F7: Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.

F8: The RSUs vest in equal quarterly installments over three years, with the first 1/12 vesting on February 20, 2023, until the award is fully vested on November 20, 2025, subject to the Reporting Person's continued service to the Issuer on each vesting date.

F9: RSUs do not expire; they either vest or are canceled prior to vesting date.

F10: The RSUs vest in equal quarterly installments over three years, with the first 1/12 vesting on February 20, 2024, until the award is fully vested on November 20, 2026, subject to the Reporting Person's continued service to the Issuer on each vesting date.

F11: The RSUs vest in equal quarterly installments over three years, with the first 1/12 vesting on May 20, 2025, until the award is fully vested on February 20, 2028, subject to the Reporting Person's continued service to the Issuer on each vesting date.