Coinbase Global, Inc. — Director's Dealing 2025

Nov 14, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Coinbase Global, Inc. (COIN)
CIK: 0001679788
Period of Report: 2025-11-10

Reporting Person: Armstrong Brian (Director, Chairman and CEO, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-11-10	Class A Common Stock	C	25000	—	Acquired	25526	Indirect
2025-11-10	Class A Common Stock	S	11264	$319.8451	Disposed	14262	Indirect
2025-11-10	Class A Common Stock	S	9196	$320.579	Disposed	5066	Indirect
2025-11-10	Class A Common Stock	S	1839	$321.6769	Disposed	3227	Indirect
2025-11-10	Class A Common Stock	S	553	$322.8853	Disposed	2674	Indirect
2025-11-10	Class A Common Stock	S	1532	$323.8227	Disposed	1142	Indirect
2025-11-10	Class A Common Stock	S	616	$324.3691	Disposed	526	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-11-10	Class B Common Stock	$	C	25000	Disposed		Class A Common Stock (25000)	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Common Stock	$		Class A Common Stock (2958393)	2958393	Indirect

Footnotes

F1: Represents the conversion of Class B Common Stock held of record by The Brian Armstrong Living Trust into Class A Common Stock.

F2: The transactions reported on this line were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 15, 2024, during an open trading window.

F3: Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.

F4: Represents the weighted average sale price. The lowest price at which shares were sold was $319.18 and the highest price at which shares were sold was $320.175. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the ranges set forth in footnotes (4) through (9) to this Form 4.

F5: Represents the weighted average sale price. The lowest price at which shares were sold was $320.18 and the highest price at which shares were sold was $321.165.

F6: Represents the weighted average sale price. The lowest price at which shares were sold was $321.18 and the highest price at which shares were sold was $322.17.

F7: Represents the weighted average sale price. The lowest price at which shares were sold was $322.24 and the highest price at which shares were sold was $323.17.

F8: Represents the weighted average sale price. The lowest price at which shares were sold was $323.27 and the highest price at which shares were sold was $324.01.

F9: Represents the weighted average sale price. The lowest price at which shares were sold was $324.24 and the highest price at which shares were sold was $324.625.

F10: These shares are held by The Ehrsam 2014 Irrevocable Trust, of which the Reporting Person is trustee. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any.